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An amount of Rs 5 lakh invested in this multibagger stock a year ago would have turned into Rs 14.49 lakh today.

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Apollo Tricoat Tubes Ltd posts net profit of Rs 47 69 crores in Q1FY22

Apollo Tricoat Tubes Ltd posts net profit of Rs 47 69 crores in Q1FY22
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Apollo Tricoat Tubes Ltd Q4FY21 PAT drops QoQ to Rs 34 34 crore

Apollo Tricoat Tubes Ltd Q4FY21 PAT drops QoQ to Rs 34 34 crore
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APL Apollo Q4 sales volume rises 8 6% YoY

The branded structural steel tube company on Thursday registered an 8.67% rise in sales volume to 435,348 ton in Q4 FY21 compared with 400,616 ton in Q4FY20.The company registered sales volume of growth of 0.43% to 16,40,353 ton in FY21 from 16,33,310 ton recorded in FY20, despite Covid-19 disruptions. This highlights APL Apollo s strength in maintaining its dominant leadership in structural steel tubes market and increasing its market share to 50% from 40% since March 2020, the company said in a press release. On a sequential basis, total sales declined 10.34% last quarter from 485,579 ton reported in Q3FY21. Shares of APL Apollo Tubes were trading 5.33% lower at Rs 1325.90 on BSE.

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