I have 200 shares of APL Apollo tubes at 970 Rs. Should I wait for the price to go up or book a loss
Why APL Apollo Tubes share down?
APL Apollo Tubes, a leading structural steel tube manufacturer, today announced that October-December (Q3FY22) sales volume of 402,729 tons declined quarter on quarter (QoQ) due to channel de-stocking in anticipation of steel price correction and, extended monsoons, which impacted the construction activity.
Is APL Apollo giving bonus shares?
APL Apollo Tubes Ltd.
The last bonus that APL Apollo Tubes had announced was in 2021 in the ratio of 1:1. The share has been quoting ex-bonus from September 16, 2021.
Why Apollo Pipes share price increase?
The company reported a sales volume of 12,987 tonnes in the January-March period, a rise of 34% over the year earlier, it said in its quarterly business update released on the stock exchanges. This growth, it said, was driven by contribution from across product categories, including value-added products.
Who owns APL Apollo?
Sanjay Gupta
Chairman/Managing Director, Apl Apollo Tubes Ltd.
What is latest news of APL Apollo Tubes?
APL Apollo sales grow 27% to over 5.5 lakh tonne in Jan-Mar
For the entire 2021-22 fiscal, APL Apollo registered a sales of 17,54,963 tonne compared to 16,40,353 tonne in FY2020-21.
Which company will give bonus share in 2021?
Bonus
| COMPANY | Bonus Ratio | DATE |
|---|---|---|
| Apollo Tricoat | 1:1 | 16-09-2021 |
| APL Apollo | 1:1 | 16-09-2021 |
| Kanpur Plast | 1:2 | 15-09-2021 |
| Mahindra Life | 2:1 | 14-09-2021 |
What is business of APL Apollo Tubes?
APL Apollo Tubes Limited is a steel tube manufacturer. The Company is engaged in the business of production of electric resistance welded (ERW) steel tubes and pipes.
Who owns Apollo tubes?
APL Apollo Tubes, earlier known as Bihar Tubes was incorporated in 1986,founded by late Sudesh Kumar Gupta, and since then has carved an unparalleled position in the global market by making relentless endeavour to cater to its clients with premium quality pipes & tubes.