Prabhudas Lilladher is bullish on Apar Industries has recommended buy rating on the stock with a target price of Rs 3832 in its research report dated May 09, 2023.

Buy Apar Industries; target of Rs 3832: Prabhudas Lilladher

Apar Industries share price target: Prabhudas Lilladher said it has revised its FY25 estimates for Apar Industries by 11.2 per cent, given strong exports outlook with further penetration in high growth markets.

Apar Industries shares surge post 15% fall; where’s stock headed?

Shares of power equipment major Apar Industries slipped 24% from their record high today on profit-booking a day after the firm announced its Q4 and annual earnings for the March 2023 quarter. Apar Industries stock fell 24.05% to Rs 2503.60 on BSE against an all-time high of Rs 3296.40 hit on May 8…

Multibagger power stock slips 24% from record high; market cap falls below Rs 10,000 crore

Apar Industries witnesses a sharp fall in trade post profit booking following a strong Q4.
Sutaria Surabhi gets us the earnings fineprint & analyst commentary.

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Results Impact: Apar Industries Slips On Profit Taking | Midcap Radar | CNBC-TV18

Operating margin expanded to 10.7 percent in the quarter ended March 2023 from 6.1 percent in the corresponding period last year.

Apar Industries tanks 18% as investors rush to book profit from recent rally

In past one year, the stock zoomed 341 per cent, as against 14 per cent rise in the S&P BSE Sensex.

Apar Industries slips 18% on profit booking posts Q4 results

Shares of power equipment major Apar Industries Ltd hit a record high on Monday after the firm reported its March 2023 quarter and fiscal earnings. Apar Industries stock zoomed 12.09% to Rs 3,296.4 on BSE today. The stock opened flat at Rs 2,940 today against the previous close of Rs 2940.80 on BSE.…

Multibagger power stock hits record high as Q4 net profit zooms 194%

Multibagger stock: An amount of Rs 1 lakh invested in the shares of Apar Industries three years ago would have turned into Rs 10.29 lakh today.

Rs 294 to Rs 3,000: This power stock turned into a multibagger in three years, hit record high today

Apar Industries hit a new high today on the favourable medium-term demand outlook with increased demand from the end-users such as the power, infrastructure, railways, defence and marine sectors.

Stock of this conductor manufacturer has zoomed 100% in 2.5 months

Shares of Apar Industries Ltd have rallied 822% in the last three years. The mid cap stock, which closed at Rs 291 on April 3 rose to a record high of Rs 2,684 on the BSE today. An amount of Rs 1 lakh invested in the shares of Apar Industries three years ago would have turned into Rs 9.22 lakh today…

Apar Industries shares rose 800% in three years; hit record high today

Apar Industries’ margin profile is likely to improve significantly as the share of cables increases.

Apar Industries - Cables, Conductors To Drive Next Leg Of Growth: 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

The stock has a moderate number of red flags

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. 