APL Apollo Tubes Limited announces sales volume of 481,115 tons in Q2FY21

APL Apollo Tubes Limited (APL Apollo), India's leading branded building material steel products company, today announced its sales volume performance for the quarter ending September 30, 2020. The Company registered a sales volume of 481,115 ton in Q2FY21. The volume improved by 32% YoY and 102% on QoQ.

As a special disclosure during COVID-19 pandemic, the company also announced provisional net debt figure which stands at Rs2,970mn as at 30 September 2020. The net debt was Rs3,544mn as at 30 June 2020 and Rs7,881mn as at 31 March 2020.

Shares of APL APOLLO TUBES LTD. was last trading in BSE at Rs.2873 as compared to the previous close of Rs. 2892.25. The total number of shares traded during the day was 6503 in over 1156 trades.

The stock hit an intraday high of Rs. 2935 and intraday low of 2860. The net turnover during the day was Rs. 18973342.

Source : Equity Bulls

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