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APL Apollo Tubes Ltd slips for fifth straight session

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Capital Market

The stock is quoting at Rs 1974, down 1.22% on the day as on 13:29 IST on the NSE. APL Apollo Tubes Ltd jumped 6.82% in last one year as compared to a 12.62% rally in NIFTY and a 22.94% spurt in the Nifty Metal index.

APL Apollo Tubes Ltd dropped for a fifth straight session today. The stock is quoting at 1974, down 1.22% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is down around 0.61% on the day, quoting at 10617.45. The Sensex is at 34928.92, down 0.63%.APL Apollo Tubes Ltd has lost around 9.38% in last one month.Meanwhile, Nifty Metal index of which APL Apollo Tubes Ltd is a constituent, has eased around 7.7% in last one month and is currently quoting at 3679.35, down 1.66% on the day. The volume in the stock stood at 3780 shares today, compared to the daily average of 19278 shares in last one month.

 

The PE of the stock is 47.59 based on TTM earnings ending December 17.

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First Published: May 18 2018 | 1:36 PM IST

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