APL Apollo Tubes rises on raising Rs 50 crore through Commercial Paper
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APL Apollo Tubes is currently trading at Rs. 1061.05, up by 9.70 points or 0.92% from its previous closing of Rs. 1051.35 on the BSE.
The scrip opened at Rs. 1060.00 and has touched a high and low of Rs. 1065.80 and Rs. 1058.60 respectively. So far 2330 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1146.25 on 16-Aug-2022 and a 52 week low of Rs. 742.50 on 24-Aug-2021.
Last one week high and low of the scrip stood at Rs. 1093.65 and Rs. 1040.00 respectively. The current market cap of the company is Rs. 26313.24 crore.
The promoters holding in the company stood at 34.52%, while Institutions and Non-Institutions held 35.82% and 29.66% respectively.
APL Apollo Tubes has raised Rs 50 crore through the allotment of Commercial Paper on August 23, 2022. The date of maturity of said commercial paper will be September 27, 2022 and will be listed on BSE.
APL Apollo Tubes is a leading manufacturer and exporter of Steel Pipes & Tubes, Aluminised Steel Tubes, Black Steel Tubes, Hot Dipped & Pre Galvanised Steel Tubes, Fence Tubes and Structural Steel.
