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APL Apollo Tubes Ltd sees double digit losses

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Capital Market
Last Updated : Mar 12 2020 | 2:04 PM IST

APL Apollo Tubes Ltd is quoting at Rs 1541.65, down 11.03% on the day as on 13:24 IST on the NSE. The stock tumbled 48.1% in last one year as compared to a 13.97% slide in NIFTY and a 38.24% fall in the Nifty Metal index.

APL Apollo Tubes Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1541.65, down 11.03% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 6.7% on the day, quoting at 9757.8. The Sensex is at 33357.1, down 6.56%.APL Apollo Tubes Ltd has lost around 23.72% in last one month.Meanwhile, Nifty Metal index of which APL Apollo Tubes Ltd is a constituent, has eased around 30.46% in last one month and is currently quoting at 1986.95, down 7.2% on the day. The volume in the stock stood at 77436 shares today, compared to the daily average of 45850 shares in last one month.

The PE of the stock is 31.22 based on TTM earnings ending December 19.

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First Published: Mar 12 2020 | 1:35 PM IST

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