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

Not a good time to invest, stock is in overbought zone

Entry Point

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

No Red Flags

Apollo Tricoat Tubes tumbled 6.04% to Rs 835.70 after the company reported 10% fall in net profit to Rs 30.8 crore despite a 77% increase in revenue to Rs 830.5 crore in Q4 FY22 over Q4 FY21.

Apollo Tricoat Tubes slumps after weak Q4 performance

Apollo Tricoat Tubes standalone net profit declines 10.33% in the March 2022 quarter

Apollo Tricoat Tubes declined 3.29% to Rs 794.35 after the company’s standalone net profit dropped 26.8% to Rs 27.73 crore on a 43% jump in net sales to Rs 719.91 crore in Q3 FY22 over Q3 FY21.

Apollo Tricoat Tubes skids after Q3 PAT falls 27% YoY to Rs 28 cr

Apollo Tricoat Tubes standalone net profit declines 26.81% in the December 2021 quarter

Apollo Tricoat Tubes Ltd, Dhanuka Agritech Ltd, APL Apollo Tubes Ltd and Indoco Remedies Ltd are among the other losers in the BSE’s ‘A’ group today, 03 January 2022.

Surya Roshni Ltd leads losers in ‘A’ group

Apollo Tricoat Tubes standalone net profit rises 40.40% in the September 2021 quarter

Board of Apollo Tricoat Tubes approves bonus issue of 1:1

Apollo Tricoat Tubes standalone net profit rises 432.25% in the June 2021 quarter

In another bulk deal, PGIM India Small Cap Fund has acquired 50,000 equity shares in Anup Engineering at Rs1,024.77 per share on the NSE, the bulk deals data showed.

Bulk Deal: Equitas Holdings to Apollo Tricoat Tubes

The boards of directors of the respective companies are scheduled to meet on August 6, 2021, to consider and approve the proposal for issue of bonus shares on the equity shares.

APL Apollo, Apollo Tricoat Tubes hit new highs on bonus issue plan

Apollo Tricoat Tubes standalone net profit rises 208.63% in the March 2021 quarter

The company is a manufacturer of tricoat tubes and other architectural metal works. The Company is also engaged in marketing and distribution of steel products, such as TMT bars, rolled products, billets, ingots, and steel pipe and tubes.

Apollo Tricoat Tubes Ltd

Apollo Tricoat 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

Apollo Tricoat Tubes slumps after weak Q4 performance

Apollo Tricoat Tubes standalone net profit declines 10.33% in the March 2022 quarter

Apollo Tricoat Tubes skids after Q3 PAT falls 27% YoY to Rs 28 cr

Apollo Tricoat Tubes standalone net profit declines 26.81% in the December 2021 quarter

Surya Roshni Ltd leads losers in ‘A’ group

Apollo Tricoat Tubes standalone net profit rises 40.40% in the September 2021 quarter

Board of Apollo Tricoat Tubes approves bonus issue of 1:1

Apollo Tricoat 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

Apollo Tricoat Tubes slumps after weak Q4 performance

Apollo Tricoat Tubes standalone net profit declines 10.33% in the March 2022 quarter

Apollo Tricoat Tubes skids after Q3 PAT falls 27% YoY to Rs 28 cr

Apollo Tricoat Tubes standalone net profit declines 26.81% in the December 2021 quarter

Surya Roshni Ltd leads losers in ‘A’ group

Apollo Tricoat Tubes standalone net profit rises 40.40% in the September 2021 quarter

Board of Apollo Tricoat Tubes approves bonus issue of 1:1

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