Apollo Pipes has a well-established position in the domestic polyvinyl chloride (PVC) pipes industry, supported by its expansive product profile and a strong dealership network. Capacity expansion, an aggressive sales strategy, and implementation of cash-and-carry model is likely to kickstart structural growth in profitability, says Narendra Solanki of Anand Rathi Shares.     


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Fundamental Radar: Three major factors set to drive structural growth in Apollo Pipes profitability

Apollo Pipes’ stock shows a bullish trend, with a potential rally expected. Consider buying at ₹722.50, add more at ₹706, and set a stop-loss at ₹690. Book profits at ₹770 or tighten stop-loss at ₹715 if it rises above ₹750. Axis Bank’s stock rally remains positive above trendline support at ₹925. R…

Technical Analysis: Apollo Pipes, Axis Bank and Sunteck Realty

CRISIL Ratings expects APL’s revenue to grow by 11-12 per cent in the current fiscal 2024 supported by healthy demand, with Ebitda margin improving to 10-12 per cent

Apollo Pipes soars 6% to hit new high on healthy outlook; up 42% in 2023

YES Securities is bullish on Apollo Pipes has recommended buy rating on the stock with a target price of Rs 757 in its research report dated May 09, 2023.

Buy Apollo Pipes; target of Rs 757: YES Securities

Apollo Pipes Standalone March 2023 Net Sales at Rs 251.94 crore, up 1.81% Y-o-Y

Stocks to watch out for today: Aarti Industries, Pidilite Industries, Birlasoft, Raymond, Nazara Tech, Apollo Pipes and more

Pidilite, Birlasoft, Raymond, Nazara Tech among stocks to watch out for today

UPL, Canara Bank, Indian Bank, Aarti Industries, Apollo Pipes, Birlasoft, CG Power and Industrial Solutions, Craftsman Automation, Exide Industries, Happiest Minds Technologies and others will be in focus ahead of quarterly earnings on May 8.

Stocks to watch: Coal India, Adani Transmission, Adani Total Gas, Paytm, Britannia, Lupin, Ajanta Pharma, Marico | The Financial Express

The Board of Directors of Allcargo Logistics Limited at its meeting held on March 6, 2023 approved the declaration of an interim dividend of Rs 3.25 per share

Allcargo Logistics, CG Power to trade ex-dividend today; Apollo Pipes to issue preferential shares

Board of Apollo Pipes approves change in directorate

Board of Apollo Pipes approves allotment of warrants for Rs 259.60 cr

Stocks to watch out for today: Tata Chemicals, Mahindra CIE Automotive, Sona BLW Precision Forgings, Lupin, GAIL, Apollo Pipes and more

Stocks in news: Tata Chemicals, Sona BLW Precision, Lupin, GAIL, Apollo Pipes and more

Hasn't fared well - amongst the low performers

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

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Apollo Pipes Limited, formerly Amulya Leasing and Finance Limited, is an India-based company, which is focused on the development, manufacturing and distribution of plastic piping systems. 

Apollo Pipes Ltd