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...
250 Views
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...
67 Views
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)....
171 Views
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...
162 Views
Pick of the Week: APL Apollo Tubes
We recommend a BUY with TP of Rs. 1,780/share. APL Apollo Tubes (APAT) is India’s leading structural steel tube manufacturer headquartered at Delhi...
69 Views