APL Apollo Tubes Ltd
APLAPOLLO

899.00

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908.00

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Buy
Reco. Price
Rs 902.00

Last updated on 02-Dec-2016

We recommend BUY on the stock based on revenue growth driven by traction in new products and capacity expansion. Combined with new technology driven cost savings this is expected to drive future earnings. We see upside potential on FY18E P/E of 10.9x. (Target Price -Rs. 1022.6)
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50 DMA (.)
897.53
100 DMA (.)
922.40
200 DMA (.)
850.80
Weekly Range (.)
870.00
948.00
Monthly Range (.)
821.00
952.50
52 Weeks Range (.)
555.00
1,010.00
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