The brokerage believes that the stock is a long-term compounder and should be accumulated at every dip.

Apar Industries Q1 Results Review - Exports To Drive Both Growth, Margins In Near Term: Nirmal Bang

Shares of CAMS, Fine Organic Industries, Nykaa, Jindal Saw, Nuvama Wealth Management, Deepak Fertilisers, and Apar Industries among others witnessed strong buying interest from market participants as they scaled their fresh 52-week highs, signaling bullish sentiment.

Ahead of Market: 10 things that will decide stock action on Wednesday

Apar Industries consolidated net profit rises 2.59% in the June 2024 quarter

The round was led by Balamurugan Arumugam, chief growth officer at cashflow management software maker Klarity. The family office of Apar Industries promoters and existing investors—the Haran family office, Dr A Velumanis family office, and the Vasavi family office—participated.

Electric scooter maker Simple Energy raises $20 million in primary equity funding

The company received various LOIs from Apar Industries Limited worth around Rs. 4.5 crore (excluding taxes). The project sites of Apar Industries are situated at their Khanvel Unit and Rakholi Unit, UT of DNH & DD.

Shashijit Infraprojects receives LoIs for civil work of Rs 8.5 cr

Net Sales are expected to decrease by 2.3 percent Y-o-Y (down 2 percent Q-o-Q) to Rs 3,848.9 crore, according to Prabhudas Lilladher.

Apar Industries Q3 PAT seen up 2.1% YoY to Rs 173.5 cr: Prabhudas Lilladher

So far this year, the stock of this transmission cable manufacturer has rallied 223 percent as against 8 percent surge in the benchmark Sensex

Apar Industries scales record highs as board plans to weigh raising funds

Benchmark indices Sensex and Nifty 50 down 0.6% each; BSE Metal, Oil & Gas, Bankex down; BSE Power, Consumer Durables up. Cochin Shipyard (22.6%), Alok Industries (9%) top gainers; Apar Industries (16.96%), Mishra Dhatu Nigam (12.18%) also up. Govt. sanction of ₹19,000 cr for fleet support ships, RI…

Cochin Shipyard, Alok Industries, Apar Industries, Mishra Dhatu Nigam: Stocks that outperformed in the week ending August 18

Prabhudas Lilladher recommended accumulate rating on Apar Industries with a target price of Rs 4100 in its research report dated August 01, 2023.

Accumulate Apar Industries; target of Rs 4100: Prabhudas Lilladher

Domestic cyclicals, internet stocks drive earnings upgrades; defensive sectors, commodities see downgrades. Bank of Baroda, Varun Beverages, Tube Investments, Zomato, ABB, Canara Bank, Trent, Coal India, Bajaj Finserv, M&M, GIC, PB Fintech, Union Bank, Indian Hotels, Bank of India, Apar Industries, …

ICICI Securities: Bulk PAT downgrades led by metals, Reliance, telecom, healthcare, and IT

Net Sales are expected to increase by 22.8 percent Y-o-Y (down 7.1 percent Q-o-Q) to Rs. 3,798.9 crore, according to Nirmal Bang.

Apar Industries Q1 PAT seen up 31.5% YoY to Rs. 161 cr: Nirmal Bang

The creamy layer - amongst the top performing stocks

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Apar Industries Limited (Apar) is engaged in the business of manufacture of conductors, transformer/specialty oils and power/telecom cables. 