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

Apollo Z, the company’s rust-proof structures segment and its second-biggest business, posted a 7% drop in sales volume

APL Apollo Tubes misses Q3 profit view on higher raw material costs

Among the small caps, Rama Steel Tubes has generated the highest return of 167%, followed by Hi-Tech Pipes (71%) and JTL Industries (45%) while midcap stock APL Apollo Tubes has returned almost 25% over the same period.

Infra spends aid small cap pipe makers generate big returns

PNC Infratech, Finolex Cables, APL Apollo, Hi-tech Pipes, Gati, Mahindra Logistics and Macrotech Developers are among Sharekhan’s midcap and smallcap picks.

Budget 2023 stock picks: L&T, Dabur, M&M, HAL, PNC Infratech, Finolex Cables, Gati, Mahindra Logistics

Net Sales are expected to increase by 19.9 percent Y-o-Y (down 2.4 percent Q-o-Q) to Rs. 3,872 crore, according to Sharekhan.

APL Apollo Tubes Q3 PAT seen up 51.1% YoY to Rs. 175 cr: Sharekhan

Broker’s Call: APL Apollo Tubes (Buy)

Motilal Oswal is bullish on APL Apollo Tubes recommended buy rating on the stock with a target price of Rs 1400 in its research report dated January 06, 2022.

Buy APL Apollo Tubes; target of Rs 1400: Motilal Oswal

Stocks like HDFC Bank, Hindustan Unilever, Max Healthcare Institute, Krishna Institute of Medical Sciences, Chalet Hotels, Lemon Tree, Kajaria Ceramics, APL Apollo, Westlife FoodWorld are some of her top stock picks for 2023

Nifty, Sensex selloff: How to make money in this market

Apollo Tyres may report strong margin and free cash flow (FCF) performance, with upside potential to Street estimates, IIFL said. For JB Chemicals, it believes market share gains through geographic expansion

Midcap stocks to buy: Apollo Tyres, JB Chemicals, Cummins and APL Apollo are IIFL’s 4 picks for 2023

he research analysts of the broking firm have assigned buy call ratings on the shares of Jindal Steel, Jindal Stainless Steel, SMEL and APL Apollo.

Top picks: ICICI Securities recommend these metal, mining stocks

The brokerage is also positive on the counter as being a downstream player, it is relatively insulated from adverse price movements.

Buy APL Apollo Tubes, target price Rs 1225: ICICI Securities

APL Apollo Tubes on the weekly time frame has decisively broken out above the multiple resistance zone, which was placed in the Rs 1,150-1,177 range

APL Apollo Tubes, Dalmia Bharat, Coforge & L&T Finance Holdings are Axis Securities top 4 technical picks

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

APL Apollo Tubes misses Q3 profit view on higher raw material costs

Infra spends aid small cap pipe makers generate big returns

Budget 2023 stock picks: L&T, Dabur, M&M, HAL, PNC Infratech, Finolex Cables, Gati, Mahindra Logistics

APL Apollo Tubes Q3 PAT seen up 51.1% YoY to Rs. 175 cr: Sharekhan

Broker’s Call: APL Apollo Tubes (Buy)

Buy APL Apollo Tubes; target of Rs 1400: Motilal Oswal

Nifty, Sensex selloff: How to make money in this market

Midcap stocks to buy: Apollo Tyres, JB Chemicals, Cummins and APL Apollo are IIFL’s 4 picks for 2023

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

APL Apollo Tubes misses Q3 profit view on higher raw material costs

Infra spends aid small cap pipe makers generate big returns

Budget 2023 stock picks: L&T, Dabur, M&M, HAL, PNC Infratech, Finolex Cables, Gati, Mahindra Logistics

APL Apollo Tubes Q3 PAT seen up 51.1% YoY to Rs. 175 cr: Sharekhan

Broker’s Call: APL Apollo Tubes (Buy)

Buy APL Apollo Tubes; target of Rs 1400: Motilal Oswal

Nifty, Sensex selloff: How to make money in this market

Midcap stocks to buy: Apollo Tyres, JB Chemicals, Cummins and APL Apollo are IIFL’s 4 picks for 2023

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