Apollo Pipes Ltd.

Apollo Pipes is currently trading at Rs. 360.00, up by 14.20 points or 4.11% from its previous closing of Rs. 345.80 on the BSE.

The scrip opened at Rs. 349.00 and has touched a high and low of Rs. 365.30 and Rs. 349.00 respectively. So far 1773 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 472.00 on 03-Oct-2019 and a 52 week low of Rs. 315.00 on 18-Feb-2019.

Last one week high and low of the scrip stood at Rs. 365.30 and Rs. 340.00 respectively. The current market cap of the company is Rs. 473.25 crore.

The promoters holding in the company stood at 47.11%, while Institutions and Non-Institutions held 13.97% and 38.92% respectively.

Apollo Pipes has reported a healthy growth of 10,712 MTPA in Q3 FY20, up 15% as compared to 9,300 MTPA in Q3 FY19. This growth was driven by contribution from across product categories including value-added product segment of fittings.

The company anticipates further improvement in sales performance over the next few quarters on the back of better demand environment combined with an uptick in utilization levels in recently added capacities.

Apollo Pipes is among the top 10 leading piping solution providing Company in India.