Apollo Pipes announces Sales Volume of 10,633 MTPA in Q1FY21

The COVID-19 Pandemic had led to nationwide lockdown starting 24th March 2020. Apollo Pipes Ltd (the company), among the top 10 leading piping solution providing Company in India, complied with the directives issued by the Central Government and the respective State Governments to combat the pandemic. The operations and manufacturing activities at all offices and plants had been temporarily closed till the government announced relaxations. The company resumed operations at its plants gradually from 24th April 2020 onwards from Dadri(U.P.).

The company today announced its sales volume performance for the quarter ending June 30, 2020. It registered sales volume of 10,633 tons in Q1FY21 (76% of Q1FY20 volume and 109% of Q4FY20 volume).

Shares of Apollo Pipes Ltd was last trading in BSE at Rs.316.5 as compared to the previous close of Rs. 317.1. The total number of shares traded during the day was 1282 in over 162 trades.

The stock hit an intraday high of Rs. 324.9 and intraday low of 306.1. The net turnover during the day was Rs. 406524.

Source : Equity Bulls

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