ENTITY
Apl Apollo Tubes

Apl Apollo Tubes (APAT IN)

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Analysis
MaterialsIndia
APL Apollo Tubes Ltd. manufactures and exports galvanized steel tubes, galvanized steel pipes, and welded black pipes and tubes.
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09 Jun 2021 12:02Broker

APLAPOLLO: We retain a BUY rating on the stock

We retain a BUY rating on the stock and value the stock at 30x PE of FY23E EPS, to arrive at a revised TP of Rs 1,595 (Rs 1,054 earlier).

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