# APL Apollo Tubes (APLAPOLLO) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/aplapollo

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹2,185.3
- Change: -0.41%
- As of: 2026-11-06
- 1D return: -0.41%
- 5D return: +0.93%
- 1M return: +7.12%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

APLAPOLLO is trading at ₹2,194.20 as of 5 November 2026, positioned near the upper end of its recent ranges (+81.7% in the 20-day and +82.5% in the 252-day range). The stock maintains a bullish structure across daily, weekly, and monthly timeframes, with price holding above all key moving averages (20, 50, and 200-period) and the Supertrend indicator. However, trend conviction is mixed: while the monthly ADX stands at 38.67 indicating an established trend, the daily (17.23) and weekly (16.45) ADX values are weak, suggesting limited directional momentum on shorter horizons. Recent activity includes a high-participation downward anomaly on 5 November (-0.3%) and a significant volume-backed move on 27 October (+6.5%). Volatility remains elevated at 29.4% annualized, with the current drawdown at -3.8%. An active monthly Inside Bar pattern suggests consolidation, while previous daily reversal patterns have expired. Immediate resistance lies at ₹2,223.53 (1.34% above), with support at ₹2,176.77 (0.79% below).

- Trend Structure: Bullish across all timeframes; price is above EMA/SMA 20/50/200 and Supertrend indicators.
- Momentum Divergence: Monthly trend strength is established (ADX 38.67), but daily (17.23) and weekly (16.45) trends show weakness.
- Price Positioning: Trading near multi-year highs (+82.5% in 252-day range); current price ₹2,194.20.
- Key Levels: Resistance at ₹2,223.53 (+1.34%); Support at ₹2,176.77 (-0.79%).
- Risk Profile: Annualized volatility of 29.4%; maximum historical drawdown of -22.7%; current drawdown -3.8%.

- Inside Bar
- Bullish Engulfing Reversal
- Outside Bar
- Bearish Engulfing Reversal
- Doji

### What Changed

On November 6, 2026, APL Apollo Tubes was identified as a top stock recommendation by Angel One’s technical analyst Hitesh Rathi. The selection is based on specific technical indicators, including W-pattern breakouts, bullish bear traps, and support confluences, which suggest potential for continued upward momentum in the equity's price action. This marks a shift from prior market context where the company was not highlighted in such technical buy lists, indicating a change in short-term technical sentiment or setup. No new corporate filings or fundamental news developments were reported for the company during this period.

- {'date': '2026-11-06', 'detail': 'Angel One analyst Hitesh Rathi listed APL Apollo Tubes among top stocks to buy, citing W-pattern breakouts and bullish bear traps.', 'event': 'Technical Buy Recommendation'}
- {'detail': 'The recommendation relies on support confluences and indicators suggesting continued upward momentum, distinct from prior periods where no such technical signals were noted.', 'metric': 'Technical Setup'}

- [Diwali 2026 Muhurat Trading Investment Ideas: Kotak Neo's 7 stocks to buy for Samvat 2083- HAL, Titan, Eternal, and more](https://www.livemint.com/market/stock-market-news/diwali-2026-muhurat-trading-investment-ideas-kotak-neos-7-stocks-to-buy-for-samvat-2083-hal-titan-eternal-and-more-11793953552663.html)
- [Top stocks to buy today: Stock market recommendations for November 6, 2026 - check list](https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-november-06-2026-apl-apollo-tubes-lenskart-anthem-biosciences-limited-stocks-to-buy-today/articleshow/135590744.cms)

### Official Filings

APL Apollo Tubes Limited reported strong Q2 FY2027 results, with consolidated sales volume rising 13% year-on-year to 963,143 tonnes and net profit increasing 27% to ₹3.8 billion. Management guided for absolute EBITDA growth of 20%, targeting approximately ₹2,200 crores by March 2027, supported by cash balances that grew 15% to ₹16 billion. The company also announced a capacity expansion plan aiming for 8 million tonnes by FY28, including 2 million tonnes of new greenfield/brownfield capacity and 1 million tonnes from debottlenecking.

Concurrently, the Board approved acquiring an additional 31% stake in SG Enterprise Solutions Private Limited for ₹1,55,000 in cash, raising its holding from 20% to 51%. This transaction consolidates SG Enterprise Solutions as a subsidiary for shared corporate support services. The acquisition is a related-party transaction involving promoter entities but requires no governmental approvals, with completion expected by December 31, 2026.

- Q2 FY2027 Performance: Consolidated sales volume reached 963,143 tonnes (+13% YoY), with net profit at ₹3.8 billion (+27% YoY) and EBITDA per tonne at ₹5,999 (+15% YoY).
- Growth Guidance & Capacity: Management targets ~₹2,200 crores in absolute EBITDA by March 2027 (20% growth) and plans to expand total capacity to 8 million tonnes by FY28 via greenfield/brownfield projects and debottlenecking.
- Acquisition of SSC Stake: Board approved buying 31% more equity in SG Enterprise Solutions Private Limited for ₹1,55,000, making it a 51%-owned subsidiary; completion is targeted by December 31, 2026.

- [APL Apollo Tubes Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/APLAPOLLO_29102026202018_Covering_Letter.pdf)
- [APL APOLLO TUBES LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_5412_WebXMLFile_20261029_202423029.xml)
- [APL Apollo Tubes Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/APLAPOLLO_27102026120603_Newspaper_Publication.pdf)
- [APL Apollo Tubes Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/APLAPOLLO_26102026122107_Outcome_of_Board_Meeting_26102026.pdf)
- [APL Apollo Tubes Limited has informed the Exchange about the acquisition of additional stake of 31% in SG Enterprise Solutions Private Limited |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/APLAPOLLO_26102026123649_Outcome_of_Board_Meeting_26102026.pdf)
- [APL Apollo Tubes Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/APLAPOLLO_26102026125000_Investor_Presentation.pdf)
- [APL Apollo Tubes Limited has informed the Exchange regarding a press release dated October 26, 2026, titled "Q2FY27 Financial Performance". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/APLAPOLLO_26102026125230_Press_Release.pdf)
- [APL Apollo Tubes Limited has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_5412_WebXMLFile_20261026_150411178.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1746041_26102026055429_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1746046_26102026055540_WEB.xml)

### Fundamentals

APL Apollo Tubes demonstrates a robust operational trajectory with accelerating growth and improving earnings quality. In Q2 FY2026-27, sales surged to ₹7,042 crore, reflecting a strong sequential increase from Q1’s ₹5,646 crore. Net profit followed suit, rising to ₹382 crore in Q2 against ₹263 crore in Q1, while basic EPS climbed to ₹13.62 per share. This momentum is supported by a healthy balance sheet; cash reserves nearly doubled to ₹892 crore as of September 2026, providing liquidity despite a rise in total borrowings to ₹963 crore.

Earnings quality remains high, evidenced by a Cash Flow from Operations (CFO) to EBITDA ratio of 133% for the year ended March 2026, indicating that operating profits are converting efficiently into cash. The company has also reduced long-term debt, with non-current borrowings falling to ₹188 crore, even as current borrowings increased to ₹730 crore. Return on Capital Employed (ROCE) improved significantly to 32% in March 2026, up from 22% the prior year, signaling better capital efficiency. Institutional interest is growing, with DII and FII holdings rising to 20.82% and 34.15% respectively by September 2026.

- Q2 FY2026-27 revenue reached ₹7,042 crore, up sequentially from ₹5,646 crore in Q1, with net profit increasing to ₹382 crore.
- Cash flow conversion is strong, with CFO/EBITDA at 133% for FY2026, and cash reserves grew to ₹892 crore as of Sep 2026.
- Capital efficiency improved materially, with ROCE rising to 32% in Mar 2026 from 22% in Mar 2025.
- Long-term borrowings decreased to ₹188 crore, while short-term borrowings rose to ₹730 crore, resulting in total borrowings of ₹963 crore.

### FAQs

**What were APL Apollo's operational and financial results for Q2 FY2027?**

For the quarter ended September 30, 2026, APL Apollo reported record sales volume of 960,000 tons and an EBITDA per ton of ₹6,000. Management guided for absolute EBITDA growth of 20%, targeting approximately ₹2,200 crores by March 2027. Cash balances increased 15% to ₹16 billion.

**How is APL Apollo expanding its capacity and operations?**

The company outlined plans for 7 million tons of greenfield/brownfield capacity expansion and 1 million tons of de-bottlenecking over the next two years. Additionally, the Board approved acquiring an additional 31% stake in SG Enterprise Solutions Private Limited for ₹1,55,000, raising its holding from 20% to 51% to become a subsidiary.

- [Diwali 2026 Muhurat Trading Investment Ideas: Kotak Neo's 7 stocks to buy for Samvat 2083- HAL, Titan, Eternal, and more](https://www.livemint.com/market/stock-market-news/diwali-2026-muhurat-trading-investment-ideas-kotak-neos-7-stocks-to-buy-for-samvat-2083-hal-titan-eternal-and-more-11793953552663.html)
- [Top stocks to buy today: Stock market recommendations for November 6, 2026 - check list](https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-november-06-2026-apl-apollo-tubes-lenskart-anthem-biosciences-limited-stocks-to-buy-today/articleshow/135590744.cms)
- [Brokerages favour domestic growth, capex-led stocks in Samvat 2083](https://www.thehindubusinessline.com/markets/brokerages-favour-domestic-growth-capex-led-stocks-in-samvat-2083/article71661180.ece)
- [APL Apollo Tubes Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/APLAPOLLO_29102026202018_Covering_Letter.pdf)
- [APL APOLLO TUBES LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_5412_WebXMLFile_20261029_202423029.xml)
- [APL Apollo Tubes Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/APLAPOLLO_27102026120603_Newspaper_Publication.pdf)
- [APL Apollo Tubes Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/APLAPOLLO_26102026122107_Outcome_of_Board_Meeting_26102026.pdf)
- [APL Apollo Tubes Limited has informed the Exchange about the acquisition of additional stake of 31% in SG Enterprise Solutions Private Limited |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/APLAPOLLO_26102026123649_Outcome_of_Board_Meeting_26102026.pdf)
- [APL Apollo Tubes Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/APLAPOLLO_26102026125000_Investor_Presentation.pdf)
- [APL Apollo Tubes Limited has informed the Exchange regarding a press release dated October 26, 2026, titled "Q2FY27 Financial Performance". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/APLAPOLLO_26102026125230_Press_Release.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Uptrend
- Pivot point: ₹2,199.57
- Risk regime: Price Risk Requires Attention

### Support levels
- 2176.7749999999996
- 2128.1
- 1884.25

### Resistance levels
- 2238.8
- 2277.7749999999996
- 2219.0333333333333

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -0.41% |
| return_10 | +7.45% |
| return_1m | +1.55% |
| return_1y | +22.38% |
| return_20 | +7.12% |
| return_3m | +12.35% |
| return_5 | +0.93% |
| return_6m | +14.13% |
| return_since_start | +37.83% |
| return_ytd | +10.93% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -22.73% |
| annualized_volatility | +29.34% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# APL Apollo Tubes Limited Q2 FY2026-27: Revenue rises 25% sequentially

APL Apollo Tubes reported consolidated revenue from operations of ₹7,002 crore and profit for the period of ₹382 crore in Q2 FY2026-27. Revenue increased 24.9% and profit 45.3% from Q1 FY2026-27; compared with Q2 FY2025-26, they were up 34.5% and 26.8%, respectively. Expenses grew more slowly than revenue sequentially, while finance costs and current borrowings increased.

## Revenue and expenses

Revenue from operations was ₹7,002 crore, up from ₹5,607 crore in Q1 FY2026-27 and ₹5,206 crore in Q2 FY2025-26. Total expenses rose 23.6% sequentially to ₹6,542 crore, below revenue growth. Profit before tax increased 41.8% quarter on quarter to ₹500 crore and was 29.3% higher year on year.

Cost of materials consumed was ₹5,596 crore and purchases of stock in trade were ₹217 crore. Other expenses rose 12.5% sequentially to ₹419 crore. Finance costs increased 34.6% to ₹52 crore from ₹39 crore in Q1 FY2026-27, a notable movement alongside the higher current borrowings balance.

## Profit, tax and earnings per share

Profit for the period rose to ₹382 crore from ₹263 crore in Q1 FY2026-27 and ₹302 crore in Q2 FY2025-26. Basic EPS from continuing operations was ₹13.62, compared with ₹9.48 in the previous quarter and ₹10.86 a year earlier. Diluted EPS was ₹13.61.

Tax expense increased 31.3% sequentially to ₹117 crore. Current tax rose 90.2% to ₹131 crore, while deferred tax was a credit of ₹14 crore, against a charge of ₹20 crore in Q1 FY2026-27. Total tax expense grew more slowly than profit before tax.

## Balance sheet

At 30 September 2026, total assets were ₹9,946 crore and equity attributable to owners was ₹5,740 crore, compared with ₹8,833 crore and ₹5,297 crore, respectively, at 31 March 2026. Cash and cash equivalents stood at ₹892 crore, up from ₹644 crore at 31 March 2026.

Inventories were ₹1,675 crore at 30 September 2026, above ₹1,445 crore at 31 March 2026 but below ₹1,934 crore at 30 September 2025. Current borrowings increased to ₹730 crore from ₹192 crore at 31 March 2026, while noncurrent borrowings declined to ₹188 crore from ₹261 crore.

## Key Takeaway

Q2 delivered strong sequential and year-on-year growth in revenue and profit, with expenses increasing more slowly than revenue quarter on quarter. The rise in finance costs and current borrowings is an important counterpoint to the earnings growth and merits attention alongside the higher cash balance.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +28.25%
- FII holding: +35.10%
- DII holding: +18.58%
- Mutual fund holding: +14.14%
- Retail holding: +6.54%
- Promoter pledged: +0.00%

### Major reported shareholders

- S GUPTA HOLDING PRIVATE LIMITED — +26.60% (Bodies Corporate)
- KITARA PIIN 1001 — +6.34%
- NEW WORLD FUND INC — +4.85%
- SMALLCAP WORLD FUND  INC — +4.24%
- GOVERNMENT PENSION FUND GLOBAL — +2.44%
- ICICI PRUDENTIAL MIDCAP FUND — +2.37%
- ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE FLEXI CAP FUND — +1.95%
- DSP MIDCAP FUND — +1.80%
- FRANKLIN INDIA MID CAP FUND — +1.70%
- VEERA GUPTA — +1.65%

## Official filings

- 2026-10-29 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_29102026202018_Covering_Letter.pdf)
- 2026-10-29 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_5412_WebXMLFile_20261029_202423029.xml)
- 2026-10-27 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_27102026120603_Newspaper_Publication.pdf)
- 2026-10-26 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_26102026122107_Outcome_of_Board_Meeting_26102026.pdf)
- 2026-10-26 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_26102026123649_Outcome_of_Board_Meeting_26102026.pdf)
- 2026-10-26 — Earnings Presentation: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_26102026125000_Investor_Presentation.pdf)
- 2026-10-26 — Press Release: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_26102026125230_Press_Release.pdf)
- 2026-10-26 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_5412_WebXMLFile_20261026_150411178.xml)
- 2026-10-26 — Financial Results Filing: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1746041_26102026055429_WEB.xml)
- 2026-10-26 — Financial Results Filing: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1746046_26102026055540_WEB.xml)
- 2026-10-26 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_26102026202346_ConCall_Recording_outcome.pdf)
- 2026-10-26 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_5412_WebXMLFile_20261026_202756309.xml)
- 2026-10-21 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_21102026142048_Concall_Intimation.pdf)
- 2026-10-21 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_5412_WebXMLFile_20261021_142750498.xml)
- 2026-10-17 — Board Meeting Notice: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_17102026181059_BR_Intimation_APL.pdf)
- 2026-10-17 — Board Meeting Notice: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_5412_WebXMLFile_20261017_182131146.xml)
- 2026-10-17 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_5412_WebXMLFile_20261017_182131146.xml)
- 2026-10-07 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_07102026160957_Regulation_74_30092026.pdf)
- 2026-10-01 — Press Release: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_01102026133605_Covering.pdf)
- 2026-09-25 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_25092026151545_SE_Trading_window_closure.pdf)
- 2026-09-25 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_5412_WebXMLFile_20260925_152615295.xml)
- 2026-09-16 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_16092026123430_Voting_Result.pdf)
- 2026-09-15 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_15092026161510_SE_Outcome_of_AGM_.pdf)
- 2026-09-10 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_10092026184301_Incorporation_of_Associate_Company__1_.pdf)
- 2026-09-10 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_5412_WebXMLFile_20260910_184801322.xml)

## News and market events

- 2026-11-06 — Mint: **Diwali 2026 Muhurat Trading Investment Ideas: Kotak Neo's 7 stocks to buy for Samvat 2083- HAL, Titan, Eternal, and more** — Kotak Neo’s Diwali investment report identifies seven stocks across sectors such as chemicals, banking, and defence for Samvat 2083, citing improved valuations following a market correction and strong earnings visibility. The brokerage projects Nifty 50 earnings growth of around 18% in FY27 and 13% in FY28, supporting picks like Jubilant Ingrevia, Eternal, and Hindustan Aeronautics based on specific growth drivers and order book strength. — [Source](https://www.livemint.com/market/stock-market-news/diwali-2026-muhurat-trading-investment-ideas-kotak-neos-7-stocks-to-buy-for-samvat-2083-hal-titan-eternal-and-more-11793953552663.html)
- 2026-11-06 — Times of India: **Top stocks to buy today: Stock market recommendations for November 6, 2026 - check list** — Hitesh Rathi, Technical Analyst at Angel One, identified APL Apollo Tubes, Lenskart, and Anthem Biosciences Limited as top stock recommendations for November 6, 2026. The analysis cites technical indicators such as W-pattern breakouts, bullish bear traps, and support confluences to suggest continued upward momentum for these equities. — [Source](https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-november-06-2026-apl-apollo-tubes-lenskart-anthem-biosciences-limited-stocks-to-buy-today/articleshow/135590744.cms)
- 2026-11-03 — The Hindu: **Brokerages favour domestic growth, capex-led stocks in Samvat 2083** — HDFC Securities and Kotak NEO have identified infrastructure, defence, manufacturing, consumer, and technology sectors as key growth drivers for Samvat 2083, citing domestic demand and capital expenditure amid global economic uncertainty. Both brokerages highlight strong order visibility and capacity expansion in companies such as Larsen & Toubro, Bharat Electronics, and Titan, with Kotak projecting Nifty-50 earnings growth of 18 per cent in FY27 and 13 per cent in FY28. — [Source](https://www.thehindubusinessline.com/markets/brokerages-favour-domestic-growth-capex-led-stocks-in-samvat-2083/article71661180.ece)
- 2026-10-29 — The Hindu: **Sensex today | Stock Market Live: Stock to buy today: APL Apollo Tubes (₹2,165)** — Sensex, Nifty, Share Prices Live: APL Apollo Tubes eyes a breakout above ₹2,260 as bullish momentum returns; traders can consider buying with stops below ₹2,020 — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-29-october-2026/article71635535.ece)
- 2026-10-29 — The Hindu: **Stock to buy today: APL Apollo Tubes (₹2,165)** — Bullish APL Apollo Tubes stock outlook with potential breakout to ₹2,400; buy now ranges, risk controls, and target levels. — [Source](https://www.thehindubusinessline.com/portfolio/technical-analysis/stock-to-buy-today-apl-apollo-tubes2165/article71635725.ece)
- 2026-10-27 — CNBC-TV18: **Axis Securities' Diwali picks: 9 stocks to watch after market correction** — Uttam Kumar Srimal, Deputy Head-Fundamental Research at Axis Securities sees opportunities after the market correction, favouring private banks, metals, quick commerce, autos and hotels. DCB Bank and Coforge feature among its Diwali picks. — [Source](https://www.cnbctv18.com/market/stocks/axis-securities-diwali-stock-picks-dcb-bank-indian-hotels-coforge-eternal-hindalco-apl-apollo-ashok-leyland-20020355.htm)
- 2026-10-27 — Mint: **Top Diwali 2026 Muhurat stocks to buy: Axis Securities lists 9 shares for Samvat 2083 | Check target, upside | Stock Market News** — Top Diwali 2026 Muhurat stocks to buy: Brokerage firm Axis Securities said that returns over Diwali 2026 to Diwali 2027 will increasingly depend on buying the right businesses at sensible valuations, monitoring earnings delivery and avoiding excessive concentration in expensive or speculative ideas. — [Source](https://www.livemint.com/market/stock-market-news/top-diwali-2026-muhurat-stocks-to-buy-axis-securities-lists-9-shares-for-samvat-2083-check-target-upside-11793090694908.html)
- 2026-10-26 — The Hindu: **Q2 Results Today Live: APL Apollo Tubes Q2 PAT jumps, Paytm, Tata Consumer, Dalmia Bharat, KFin Tech, Mankind Pharma, IOB, BOM, TMB, Ather Energy, Aegis, Sona BLW, Nazara, ITC Hotels, Aequs to announce Q2 results** — Q2 Results Today, 26th October 2026 Live Updates: Stay tuned to businessline for more Q2 updates — [Source](https://www.thehindubusinessline.com/markets/q2-results-today-live-updates-paytm-tata-consumer-mankind-pharma-rec-itc-hotels-iob-ather-aegis-logistics-supreme-ind-aequs-nazara-sona-blw-tmb-bom-infosys-kotak-idfc-results-26-october-2026/article71625561.ece)
- 2026-10-26 — CNBC-TV18: **Q2 Results LIVE Updates: Infosys, Kotak Bank react to earnings; Tata Consumer, Paytm report today** — Q2 Results LIVE Updates: Tata Consumer Products, APL Apollo Tubes, Dalmia Bharat, ITC Hotels, Bank of Maharashtra, Mankind Pharma, Paytm, Nazara Tech, Kfin Tech, REC, Sona BLW, Indian Overseas Bank, Aegis Logistics, Aditya Birla Real Estate, are among the companies reporting their earnings today. Watch for all the LIVE updates. — [Source](https://www.cnbctv18.com/market/q2-results-live-updates-infosys-tata-consumer-kotak-au-sfb-paytm-rec-sona-blw-idfc-iob-bank-of-mah-aegis-abrel-torrent-sona-kfin-share-price-liveblog-20018894.htm)
- 2026-10-25 — Mint: **Stock market prediction for Monday Oct 26: Sensex, Nifty levels, top stocks to watch - Will bulls dance again?** — The Nifty 50 fell nearly 2% last week as geopolitical tensions and crude oil volatility weighed on markets, taking year-to-date losses to 13.56%. Analysts see support near 22,300 and resistance at 22,850–22,900. Infosys, Kotak Mahindra Bank and Reliance Industries will be among stocks in focus. — [Source](https://www.livemint.com/market/stock-market-news/stock-market-prediction-for-monday-oct-26-sensex-nifty-levels-top-stocks-to-watch-will-bulls-dance-again-11792934825551.html)
- 2026-10-06 — Mint: **APL Apollo’s Q2 volume growth rebounds. Can it still meet FY27 targets?** — Sustained volume growth, including incremental volumes from new capacities, alongside margins protection would determine APL Apollo’s trajectory hereon — [Source](https://www.livemint.com/market/mark-to-market/apl-apollo-tubes-q2-results-stock-price-analysis-11791263847446.html)
- 2026-09-30 — BUSINESSTODAY: **Metals relief rally: As investors count losses, six stocks trading at 52-week highs; price targets and more** — Metal stocks, Shyam Metalics, Welspun Corp, APL Apollo Tubes, JSW Steel, Kalyani Steels, Sambhv Steel Tubes — [Source](https://www.businesstoday.in/markets/trending-stocks/story/metals-relief-rally-as-investors-count-losses-six-stocks-trading-at-52-week-highs-price-targets-and-more-558675-2026-09-30)
- 2026-09-30 — MONEYCONTROL: **Trade Spotlight: How should you trade Azad Engineering, Lloyds Metals and Energy, Gland Pharma, Indian Hotels, and others on September 30?** — Trade Spotlight, Buy Ideas,Top Buy Ideas,Top Picks,Stock Picks,Top Stock Picks,Share Tips,Share Market Tips,Stock Tips,Stock Market Tips,Azad Engineering,Knowledge Marine and Engineering Works,Lloyds Metals and Energy, Gland Pharma,Indian Hotels Company,APL Apollo Tubes — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-azad-engineering-lloyds-metals-and-energy-gland-pharma-indian-hotels-and-others-on-september-30-14041526.html)
- 2026-09-29 — Mint: **Nifty Metal slips 5% in September post 29% 1 yr rally, October comeback ahead? Hindustan Zinc, NMDC, NALCO may shine** — Nifty Metal has dropped nearly 5% in the past month, with notable declines from companies like NALCO and Vedanta. Experts suggest October may be more stock-specific rather than a broad rally — [Source](https://www.livemint.com/market/stock-market-news/nifty-metal-slips-5-in-september-post-29-1-yr-rally-october-comeback-ahead-hindustan-zinc-nmdc-nalco-may-shine-11790662544556.html)
- 2026-09-22 — BUSINESS: **Crisil Rating assigns 'AA-/A1+' rating to credit facilities of SG Finserve** — SG Finserve said that Crisil Rating has assigned its 'Crisil AA-/Stable/Crisil A1+' ratings to the bank facilities of the company. — [Source](https://www.business-standard.com/markets/capital-market-news/crisil-rating-assigns-aa-a1-rating-to-credit-facilities-of-sg-finserve-126092200748_1.html)
- 2026-09-21 — BUSINESSTODAY: **SAIL likely to hike steel prices again, say sources** — SAIL, Steel Authority of India, steel prices, steel price hike, steel stocks, Nifty Metal, flat steel, long steel, Tata Steel, JSW Steel, Vedanta, Hindalco Industries, Jindal Stainless, APL Apollo Tubes, Nalco — [Source](https://www.businesstoday.in/markets/stocks/story/sail-likely-to-hike-steel-prices-again-say-sources-556783-2026-09-21)
- 2026-09-18 — BUSINESS: **Indices end sideways; metal shares shine for 3rd day** — In the primary market, the NSE IPO was fully subscribed, while investors continued to track subscription trends in other ongoing issues and monitor the listing performance of recently listed companies. — [Source](https://www.business-standard.com/markets/capital-market-news/indices-end-sideways-metal-shares-shine-for-3rd-day-126091800788_1.html)
- 2026-09-17 — BUSINESS: **Crisil Ratings upgrades ratings of SG Mart to 'AA-/A1+' with 'stable' outlook** — SG Mart said that Crisil Ratings has removed its ratings on the bank facilities of the company from 'rating watch with positive implications' and upgraded the ratings to 'Crisil AA-/Crisil A1+' from 'Crisil A/Crisil A1'. — [Source](https://www.business-standard.com/markets/capital-market-news/crisil-ratings-upgrades-ratings-of-sg-mart-to-aa-a1-with-stable-outlook-126091700779_1.html)
- 2026-09-11 — BUSINESS: **Nifty ends below 23,400 as crude surge, rising yields pressure equities** — The key equity indices ended lower on Friday after a gap-down opening, as escalating tensions in the Middle East and a sharp rise in crude oil prices weighed on investor sentiment. The sell-off eased from the day's lows, but the Nifty remained below the 23,400 level, dragged by weakness in metal and auto shares. Brent crude surged amid concerns over supply disruptions, while the US 10-year Treasury yield moved close to 5%, adding to pressure on risk assets. — [Source](https://www.business-standard.com/markets/capital-market-news/nifty-ends-below-23-400-as-crude-surge-rising-yields-pressure-equities-126091100942_1.html)
- 2026-09-11 — BUSINESS: **Sensex settles 121 pts lower; Nifty ends tad below 23,400 level** — As per provisional closing data, the S&P BSE Sensex tanked 120.83 points or 0.16% to 74,781.76. The Nifty 50 index lost 79.70 points or 0.34% to 23,398.10. — [Source](https://www.business-standard.com/markets/capital-market-news/sensex-settles-121-pts-lower-nifty-ends-tad-below-23-400-level-126091100824_1.html)
- 2026-09-11 — BUSINESS: **Nifty below 23,350; metal shares under pressure** — At 11:30 IST, the barometer index, the S&P BSE Sensex, tanked 385.82 points or 0.52% to 74,518.60. The Nifty 50 index lost 135.50 points or 0.58% to 23,342.30. — [Source](https://www.business-standard.com/markets/capital-market-news/nifty-below-23-350-metal-shares-under-pressure-126091100434_1.html)
- 2026-09-11 — BUSINESS: **APL Apollo Tubes incorporates SG Enterprise Soln to provide shared corporate services** — APL Apollo Tubes announced that it has incorporated an associate company, SG Enterprise Solutions, which will provide common corporate support services to participating group entities through a centralised shared services model. — [Source](https://www.business-standard.com/markets/capital-market-news/apl-apollo-tubes-incorporates-sg-enterprise-soln-to-provide-shared-corporate-services-126091100114_1.html)
- 2026-09-07 — Economic Times: **Nifty Outlook: Analysts pick key levels and stocks to watch** — Nifty has experienced a decline for four straight weeks, breaking through the crucial 24,000 support level. Experts recommend adopting a market-neutral approach to capitalize on expected volatility. Among the stocks to watch are APL Apollo Tubes and One 97 Communications, which may offer promising returns. The Bank Nifty indicates upward trends, encouraging investors to buy on dips around 56,400. Additionally, Hindustan Oil Exploration Company and Engineers India present attractive opportunities... — [Source](https://economictimes.indiatimes.com/markets/stocks/news/nifty-extends-losing-streak-breaks-24000-support/articleshow/133859423.cms)
- 2026-09-07 — Mint: **Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today —7 September 2026** — Breakout stocks to buy or sell: Sumeet Bagadia recommends five breakout stocks to buy today — TCPL Packaging, Innova Captab, Greenply Industries, Global Health, and Apl Apollo Tubes. — [Source](https://www.livemint.com/market/stock-market-news/breakout-stocks-to-buy-or-sell-sumeet-bagadia-recommends-five-shares-to-buy-today-7-september-2026-11788742187187.html)
- 2026-09-06 — BUSINESSTODAY: **APL Apollo, GNFC, Apar, Force Motors among stocks to turn ex-dividend next week; big payouts in focus** — Apar Industries, Empire Industries, Force Motors, TVS Srichakra, Gujarat Narmada Valley Fertilizers & Chemicals, Transpek Industry, Naperol Investments, Jyoti Resins & Adhesives, Gujarat Energy, APL Apollo Tubes — [Source](https://www.businesstoday.in/markets/stocks/story/apl-apollo-gnfc-apar-force-motors-among-stocks-to-turn-ex-dividend-next-week-big-payouts-in-focus-553318-2026-09-06)

## Business profile

**Strategic vision:** Manufactures structural steel tubes and steel solutions.

### Business segments
- **Structural Steel Tubes:** Manufactures a wide array of steel solutions, including structural steel tubes and GI pipe solutions, catering to construction, infrastructure, and industrial sectors.

### Competitive strengths
- Extensive distribution and supply network
- State-of-the-art manufacturing facilities
- Broad portfolio of steel solutions

## Related stocks

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- [JINDAL STEEL LIMITED (Metals)](https://faxioms.com/stocks/jindalstel) — +1.31%
- [Jindal Stainless Limited (Metals)](https://faxioms.com/stocks/jsl) — +2.06%
- [Lloyds Metals And Energy Limited (Metals)](https://faxioms.com/stocks/lloydsme) — -1.41%
- [National Aluminium Company Limited (Metals)](https://faxioms.com/stocks/nationalum) — -1.59%

## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/aplapollo
Markdown representation: https://faxioms.com/stocks/aplapollo?render=md