APL Apollo Tubes Share Price Soared – Analyzed
Key Points
- Share price jumped 4.9%, hitting an all-time high of ₹2,069.90.
- Net profit rose 42.9% year-on-year to ₹310 crore.
- Revenue increased 7% to ₹5,815 crore compared to last year.
- EBITDA increased by 36.5% to ₹472 crore.
- Brokerages upgraded APL Apollo Tubes to ‘Buy’ with raised targets.
- Growth expected through capacity, new products, and export expansion.
APL Apollo Tubes’ stock price had a fantastic day, going up by 4.9%. This is a record high, reaching ₹2,069.9 per share. The overall stock market was also doing well, with the BSE Sensex moving up a little.
This jump happened because many experts thought the company did a really good job with its latest results. These results, called Q3 results for the year 2026, showed a big increase in how much money the company made. The company made ₹310 crore in profit, which is a lot higher than the ₹217 crore they made last year.
The company also sold more products – their revenue went up by 7% to ₹5,815 crore. They also made more money from each product they sold. This is called EBITDA, and it went up by 36.5% to ₹472 crore. Their profits were significantly higher than before.
Lots of investment firms, called brokerages, gave APL Apollo Tubes a good rating. Elara Capital upgraded their rating to ‘Buy’, saying the stock could go up to ₹2,418. Motilal Oswal Financial Services also said ‘Buy’ with a target of ₹2,350. These firms believe the company will keep growing.
These experts think the company will get bigger because they’re building more factories, selling different types of products, and selling more goods overseas. They expect the company to make even more money in the future.
One important thing to remember is that these expert opinions are just predictions. It’s always smart to do your own research before investing in anything.
“Understanding a company’s financial performance and future outlook is key to making smart investment decisions.”
