HDFC Securities has rated APL Apollo 'Add', setting a target price of INR 2,070. The rating is based on projected accelerated Annual EPS growth (CAGR) for FY25-28, driven by robust fundamental strengths within the company.
APL Apollo Tubes Limited
APLAPOLLORecent Discussions
Nuvama maintains a 'Buy' rating for APL Apollo and has adjusted its price target to ₹2,617, a slight decrease from the previous ₹2,638.
APL Apollo Tubes has reported a 9% year-on-year increase in their Q4 sales volume for FY26, reaching 924,881 tons. This boosted the total sales volume for FY26 to 3,491,243 tons, signifying an 11% year-on-year growth.
APL Apollo Tubes' Q4 sales increased by 9% compared to the same quarter last year, reaching approximately 925,000 tons. For the entire fiscal year 2026, sales volume grew by 11%, and the company has expanded its capacity to 4.5 million tons.
APL Apollo's Q4 volume rose by 8.7%, yet it fell below the anticipated 20% target, indicating a less-than-expected performance in the final quarter of 2021.
APL Apollo Tubes reported a significant jump in Q4 sales for FY26, with an impressive figure of 9.24 lakh tonnes. This marks a strong finish to the fiscal year.
APL Apollo fell short of its Q4 volume targets, potentially affecting overall expectations, while Lloyds Metals posted impressive results in their latest quarterly update, showcasing strong business performance.
APL Apollo experienced a 5% drop in share price today due to failing to meet Q4 volume growth expectations, which were set at 20% year-over-year. Despite reporting an 11% increase in full-year sales to 34.91 lakh tonnes, the stock has declined by 13% over the past month.