Latest news with #APLApolloTubes
Business Upturn
12 hours ago
- Business
- Business Upturn
Stocks hitting 52-week highs today, June 6: SBI Cards, HDFC Bank, Manappuram Finance, Bharat Electronics and more
By Aman Shukla Published on June 6, 2025, 15:53 IST Indian equity markets closed strongly on June 6, 2025, following a surprise monetary easing by the Reserve Bank of India (RBI). The central bank slashed the repo rate by 50 basis points and reduced the Cash Reserve Ratio (CRR) by 100 basis points, boosting investor confidence and lifting market sentiment. The benchmark Sensex surged 746.95 points, or 0.92%, to close at 82,188.99, while the Nifty 50 index crossed the crucial 25,000 mark, rising 252.15 points (1.02%) to settle at 25,003.05. Several prominent stocks touched new 52-week highs today, reflecting strong buying interest amid the positive macroeconomic developments. Here are some key stocks that reached their highest price levels today. Company Market Price (₹) 52-Week High (₹) APL Apollo Tubes 1,920.90 1,924.80 JK Cement 5,876.50 5,900.00 SRF 3,123.50 3,139.00 Manappuram Finance 247.56 248.95 Fortis Healthcare 763.30 767.85 SBI Cards And Payment Services 993.10 999.45 AU Small Finance Bank 749.55 755.50 HDFC Bank 1,978.70 1,996.30 Muthoot Finance 2,446.20 2,470.00 KRBL 372.30 376.00 Maharashtra Scooters 14,303.00 14,482.00 Fiem Industries 1,881.20 1,906.00 HDFC Asset Management Company 5,087.50 5,157.80 LT Foods 477.35 483.95 Multi Commodity Exchange of India 7,418.00 7,531.00 Bharat Electronics 390.70 396.85 Shree Global Tradefin Ltd. 70.33 71.50 BSE 2,933.20 2,985.00 Abbott India 31,630.00 32,200.00 Godrej Industries 1,359.50 1,390.00 Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Bharat ElectronicsHDFC BankManappuram FinanceSBI CardsStock Market Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
3 days ago
- Business
- Business Upturn
Stocks hitting 52-week highs today, June 4: BSE, Garden Reach, Solar Industries, SBI Cards, Lloyds Metals and more
By Aman Shukla Published on June 4, 2025, 15:44 IST Indian equity markets ended on a positive note on June 4, 2025. The BSE Sensex gained 260.74 points (0.32%) to close at 80,998.25, while the Nifty 50 rose 77.70 points (0.32%) to settle at 24,620.20. Despite the overall rally, only select key stocks managed to touch new 52-week highs, highlighting investor interest in specific sectors and companies. Here's a look at notable stocks that hit fresh 52-week highs today: Company Market Price (₹) Change (%) 52-Week High (₹) Authum Investment & Infrastructure 2,525.00 2.08% 2,530.00 APL Apollo Tubes 1,894.40 4.34% 1,900.00 Solar Industries India 16,809.00 1.14% 16,879.00 SBI Cards And Payment Services 942.05 2.81% 946.50 BSE 2,797.10 1.16% 2,815.00 Fortis Healthcare 738.85 1.26% 744.95 Lloyds Metals & Energy 1,500.00 4.01% 1,515.00 GlaxoSmithKline Pharmaceuticals 3,420.00 5.39% 3,455.90 Hitachi Energy India 19,801.00 1.64% 20,190.00 Radico Khaitan 2,723.40 1.97% 2,786.90 GE Vernova T&D India 2,359.70 0.84% 2,422.00 CCL Products India 889.60 -0.16% 915.00 Bharti Hexacom 1,880.30 -0.37% 1,938.50 Garden Reach Shipbuilders & Engineers 3,356.50 6.54% 3,465.50 AstraZeneca Pharma India 9,493.50 1.68% 10,033.00 Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. BSEGarden ReachLloyds MetalsSBI CardsSolar IndustriesStock Market Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
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Business Standard
08-05-2025
- Business
- Business Standard
APL Apollo Tubes shares gain 3% after Q4 results; check details here
APL Apollo Tubes share price today: Shares of APL Apollo Tubes rose nearly 3 per cent to hit an intraday high of ₹1,709.90 per share on Thursday after the company reported strong fourth quarter (Q4 FY25) results led by healthy volumes and improved margins. At 11:30 AM Thursday, APL Apollo's stock was quoting at ₹1,699, up 2.18 per cent on the National Stock Exchange (NSE). In comparison, the benchmark Nifty50 index was trading flat at 24,413. The stock is just 1 per cent down from its 52-week high of ₹1,728.95, which it touched on May 22, 2024. The structural steel tubes company's total market capitalisation stood at ₹47,062.62 crore. On a year-to-date basis, the stock has surged around 6 per cent compared to a 3.2 per cent increase in the Nifty50 index. APL Apollo Tubes Q4 FY25 results update The company reported a net profit of ₹293 crore, up 72 per cent year-on-year (Y-o-Y) compared to ₹170.4 crore in the year-ago period. Revenue increased 15.6 per cent Y-o-Y to ₹5,508.6 crore from ₹4,765.7 crore in the March 2024 quarter. The company's earnings before interest, tax, depreciation and amortisation (Ebitda) came in at ₹413.7 crore, up 47.5 per cent from ₹280.4 crore in the corresponding quarter of the previous fiscal. The board of APL Apollo Tubes has reported a final dividend of ₹5.75 per share at a face value of ₹2 each for FY25. Analysts at brokerage Motilal Oswal Financial Services (MOFSL) expect sustained volume growth for APL Apollo, which will be led by capacity expansion in key markets, new product additions, and higher exports. The company's margin improvement would follow, driven by cost optimisation, increased automation, and a rising mix of value-added products, supporting stable growth in Ebitda per metric tonne. MOFSL has maintained a 'Buy' rating on the stock with a target price of ₹1,920. About APL Apollo Tubes APL Apollo is the largest producer of structural steel tubes in India. Based in Delhi, the company operates 10 manufacturing units across the country. It manufactures over 1,500 varieties of MS Black Pipes, Galvanised Tubes, Pre-Galvanised Tubes, Structural ERW Steel Tubes and Hollow Sections. It caters to several industries, including urban infrastructures, housing, irrigation, solar plants, greenhouses and engineering.
Business Standard
07-05-2025
- Business
- Business Standard
APL Apollo Tubes consolidated net profit rises 71.97% in the March 2025 quarter
Sales rise 16.57% to Rs 5324.35 crore Net profit of APL Apollo Tubes rose 71.97% to Rs 293.11 crore in the quarter ended March 2025 as against Rs 170.44 crore during the previous quarter ended March 2024. Sales rose 16.57% to Rs 5324.35 crore in the quarter ended March 2025 as against Rs 4567.68 crore during the previous quarter ended March 2024. For the full year,net profit rose 3.36% to Rs 757.06 crore in the year ended March 2025 as against Rs 732.44 crore during the previous year ended March 2024. Sales rose 14.22% to Rs 19996.29 crore in the year ended March 2025 as against Rs 17506.89 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 5324.354567.68 17 19996.2917506.89 14 OPM % 7.776.14 - 6.006.81 - PBDT 416.33267.81 55 1161.761153.65 1 PBT 358.73221.22 62 960.44977.72 -2 NP 293.11170.44 72 757.06732.44 3
Business Standard
07-05-2025
- Business
- Business Standard
APL Apollo Tubes rises as Q4 PAT climbs 72% YoY to Rs 293 cr
APL Apollo Tubes added 2.99% to Rs 1,662.85 after the company's consolidated net profit rallied 71.97% to Rs 293.11 crore, driven by a 16.57% jump in revenue from operations to Rs 5,324.35 crore in Q4 FY25 over Q4 FY24. Sales volume for the quarter stood at 850 thousand tons, up 25.18% from 679 thousand tons in the corresponding period last year. Profit before tax (PBT) rose 62.16% to Rs 358.73 crore in Q4 FY25 from Rs 221.22 crore in the same period a year ago. EBITDA grew 23.60% to Rs 413.7 crore, while EBITDA per ton improved by 17.72% to Rs 486.4 in Q4 FY25. Total expenses rallied 13.62% to Rs 5,184.79 crore in Q4 FY25, compared to Rs 4,563.09 crore reported in Q4 FY24. The cost of materials consumed stood at Rs 4,301.05 crore (up 12.93% YoY), and employee benefit expenses were at Rs 75.36 crore (up 7.58% YoY) during the period under review. On a full-year basis, the company's net profit jumped 3.36% to Rs 757.06 crore on a 14.22% rise in revenue to Rs 92.98 crore in FY24 over FY23. In a strategic move to boost production, the board approved a capital expenditure of Rs 1,500 crore to expand manufacturing capacity from 4.5 million tonnes to 6.8 million tonnes, indicating a positive growth outlook. Meanwhile, the company also announced a final dividend of Rs 5.75 per share for FY25. Sanjay Gupta, chairman of APL Apollo, said, The company has reported its strongest quarterly and yearly performance, achieving record-high sales volume, revenue, EBITDA, and net profit. This outstanding performance came despite the challenging macroeconomic environment, global trade uncertainty, and slowdown in Indian government spending. For FY25, the companys volume increased 21% YoY, which exceeded overall industry growth. We remain focused on innovation and delivering the best customer experience to further enhance our leadership position in the industry. We continue to remain prudent with our working capital management, which remains the best in the construction material sector. APL Apollo Tubes is Indias leading structural steel tube manufacturer. APL Apollos multi-product offerings include over 2,500 varieties for multiple building material structural steel applications. With state-of-the-art manufacturing facilities, APL Apollo serves as a one-stop shop for a wide spectrum of products, catering to an array of industry applications such as urban infrastructure and real estate, rural housing, commercial construction, greenhouse structures, and engineering applications.
