APL Apollo Tubes Ltd soars 2.09%

APL Apollo Tubes Ltd is up for a third straight session in a row. The stock is quoting at Rs 1945, up 2.09% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.09% on the day, quoting at 25754.85. The Sensex is at 83636.15, up 0.01%. APL Apollo Tubes Ltd has risen around 11.84% in last one month.

Meanwhile, Nifty Metal index of which APL Apollo Tubes Ltd is a constituent, has risen around 10.51% in last one month and is currently quoting at 11355.2, up 2.7% on the day. The volume in the stock stood at 3.61 lakh shares today, compared to the daily average of 5.94 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 1952.7, up 2.42% on the day. APL Apollo Tubes Ltd is up 28.53% in last one year as compared to a 10.95% spurt in NIFTY and a 40.83% spurt in the Nifty Metal index.

The PE of the stock is 115.08 based on TTM earnings ending September 25.

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