Business model continues to impress; valuations get richer
We visited APL Apollo Tubes’ (APL) Murbad, Maharashtra facility and met with multiple APL distributors. Murbad was Lloyds steel plant, which APL...
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HSIE Results Daily: NTPC, DLF, InterGlobe Aviation, Tata Power, GAIL (India), JSW Energy, Bandhan...
GAIL (India): Our BUY recommendation on GAIL with a price target of INR 210 is based on 9% CAGR expansion in gas transmission volume over FY22-24E...
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India Channel Insight | Havells, Symphony, TTK Prestige, Indigo Paints, Reliance, APL Apollo, Aptus
For this insight, we present our takeaways from interaction with channels associated with Havells, Symphony, TTK Prestige, Indigo Paints, Reliance,...
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APL Apollo Tubes (Initiating coverage): Journey from a semi-commodity player to a branded one. BUY
We expect it continue to trade at such premium multiple and initiate coverage on APL with a BUY rating at a TP of INR2,226/share (35x FY24E EPS)....
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APL Apollo Tubes (APAT) is the largest manufacturer of Structural Steel Tubes in India
Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general...
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