Net profit of APL Apollo Tubes rose 32.30% to Rs 169.18 crore in the quarter ended December 2022 as against Rs 127.88 crore during the previous quarter ended December 2021. Sales rose 34.48% to Rs 4201.12 crore in the quarter ended December 2022 as against Rs 3123.94 crore during the previous quarter ended December 2021.

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APL Apollo Tubes Ltd gained for a third straight session today. The stock is quoting at Rs 1175.95, up 2.34% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.38% on the day, quoting at 17548.9. The Sensex is at 59690.57, down 0.03%. APL Apollo Tubes Ltd has risen around 8.04% in last one month.

Meanwhile, Nifty Media index of which APL Apollo Tubes Ltd is a constituent, has risen around 12.15% in last one month and is currently quoting at 6177.05, down 2.58% on the day. The volume in the stock stood at 2.75 lakh shares today, compared to the daily average of 4.36 lakh shares in last one month.

The PE of the stock is 79.29 based on TTM earnings ending September 22.

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APL Apollo Tubes will hold a meeting of the Board of Directors of the Company on 2 February 2023.

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APL Apollo Tubes Ltd rose for a third straight session today. The stock is quoting at Rs 1169.85, up 3.29% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.81% on the day, quoting at 18660.6. The Sensex is at 62742.9, down 0.86%. APL Apollo Tubes Ltd has gained around 7.14% in last one month.

Meanwhile, Nifty Media index of which APL Apollo Tubes Ltd is a constituent, has gained around 10.5% in last one month and is currently quoting at 6664.85, up 0.62% on the day. The volume in the stock stood at 5.99 lakh shares today, compared to the daily average of 4.95 lakh shares in last one month.

The PE of the stock is 78.37 based on TTM earnings ending September 22.

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