Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

APL Apollo Tubes, part of Iron & Steel Products industry, has fallen more than 20 per cent from the December 2021 highs but fundamentals suggest that a pickup in sales volume, margin expansion as well as fresh CAPEX plans could take the stock towards Rs 1,200 in next 1-2 year, Mohit Nigam, Head – PMS, Hem Securities, said.

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Stock Radar: Buy APL Apollo Tubes for a target of Rs 1200 in next 1 year, says Mohit Nigam

APL Apollo Tubes Ltd is quoting at Rs 991.3, up 0.61% on the day as on 12:44 IST on the NSE. The stock is up 48.58% in last one year as compared to a 5.65% jump in NIFTY and a 1.35% jump in the Nifty Media.

APL Apollo Tubes Ltd soars 0.61%, gains for fifth straight session

APL Apollo Tubes (₹984.55): BUY

APL Apollo Tubes - Set To Benefit From Growth In The Structural Steel Tubes Industry: Motilal Oswal

APL Apollo Tubes - Best Placed To Benefit From Growth In The Structural Steel Tubes Industry: Motilal Oswal

Motilal Oswal is bullish on APL Apollo Tubes recommended buy rating on the stock with a target price of Rs 1270 in its research report dated May 22, 2022.

Buy APL Apollo Tubes; target of Rs 1270: Motilal Oswal

Motilal Oswal is bullish on APL Apollo Tubes recommended buy rating on the stock with a target price of Rs 1270 in its research report dated May 14, 2022.

APL Apollo Tubes Q4 Review - Volume Led Growth: Centrum Broking

Results Review for SBI, Bandhan Bank, Aditya Birla Capital, APL Apollo, CESC

Board of APL Apollo Tubes approves change in directorate

The brokerage’s top midcap stocks picks include Ashok Leyland, Macrotech Developers, APL Apollo Tubes

Top midcap, smallcap stocks to buy: Here are Motilal Oswal’s picks

APL Apollo Tubes Ltd is quoting at Rs 970, up 2.83% on the day as on 12:54 IST on the NSE. The stock is up 60.12% in last one year as compared to a 22.63% jump in NIFTY and a 55.13% jump in the Nifty Metal index.

APL Apollo Tubes Ltd rises for third straight session

APL Apollo Tubes Limited (APL) is engaged in manufacturing of steel tubes and pipes. The Company is engaged in the manufacturing of black pipe, galvanized pipe and pre galvanized pipe.

APL Apollo Tubes Ltd

APL Apollo Tubes Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Stock Radar: Buy APL Apollo Tubes for a target of Rs 1200 in next 1 year, says Mohit Nigam

APL Apollo Tubes Ltd soars 0.61%, gains for fifth straight session

APL Apollo Tubes (₹984.55): BUY

APL Apollo Tubes - Best Placed To Benefit From Growth In The Structural Steel Tubes Industry: Motilal Oswal

Buy APL Apollo Tubes; target of Rs 1270: Motilal Oswal

Buy APL Apollo Tubes; target of Rs 1270: Motilal Oswal

APL Apollo Tubes Q4 Review - Volume Led Growth: Centrum Broking

Results Review for SBI, Bandhan Bank, Aditya Birla Capital, APL Apollo, CESC

APL Apollo Tubes Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Stock Radar: Buy APL Apollo Tubes for a target of Rs 1200 in next 1 year, says Mohit Nigam

APL Apollo Tubes Ltd soars 0.61%, gains for fifth straight session

APL Apollo Tubes (₹984.55): BUY

APL Apollo Tubes - Best Placed To Benefit From Growth In The Structural Steel Tubes Industry: Motilal Oswal

Buy APL Apollo Tubes; target of Rs 1270: Motilal Oswal

Buy APL Apollo Tubes; target of Rs 1270: Motilal Oswal

APL Apollo Tubes Q4 Review - Volume Led Growth: Centrum Broking

Results Review for SBI, Bandhan Bank, Aditya Birla Capital, APL Apollo, CESC

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock