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Wait for better entry points in metal stocks, JSW Steel and Hindalco top picks: Axis Securities
Aditya Welekar, Senior Research Analyst- Metals, Axis Securities, ranked JSW Steel as his preferred ferrous stock and Hindalco as the top non-ferrous pick. The brokerage also expects aluminium prices to remain around $3,000 per tonne in FY27 and continues to recommend APL Apollo Tubes with a target price of ₹2,250.
Hot Stocks: 3 stocks that may give returns between 16-24%
Brokerages initiated coverage on three Indian companies with positive ratings. Kirloskar Oil Engines has a price target implying a twenty-four percent upside. APL Apollo Tubes is seen as a strong play in building materials. Union Bank of India offers a sixteen percent potential return. These recommendations suggest significant future growth prospects for the firms.
Here's the Metal stock that BoFA Securities is expecting to see gains of 21%
Of the 21 analysts who have coverage on the APL Apollo Tubes stock, 19 have a "buy" rating and one each have "hold" and "sell" ratings.
APL Apollo Tubes’ profitability in focus after volumes fail to impress
Weak demand, Dubai disruptions and steel price volatility dragged APL Apollo's Q1 volumes well below guidance, shifting investor focus to whether margins can hold up.
APL Apollo Tubes Q1 sales volume falls 6% amid softer dispatches
APL Apollo Tubes reported a 6% year-on-year decline in Q1FY27 sales volume to 7.45 lakh tonnes, while introducing a revised product segmentation framework to improve business reporting.
APL Apollo Tubes approves sale of wholly owned subsidiary for ₹160 crore
APL Apollo Tubes to sell subsidiary Blue Ocean Projects Private to related party SG Realtor for ₹160 crore, citing independent valuation and SEBI compliance.
APL Apollo Tubes Ltd gains for fifth session
APL Apollo Tubes Ltd is quoting at Rs 1850.3, up 0.45% on the day as on 12:44 IST on the NSE. The stock is up 2.86% in last one year as compared to a 3.09% fall in NIFTY and a 41.61% fall in the Nifty Metal.
APL Apollo Tubes Ltd soars 1.71%, rises for third straight session
APL Apollo Tubes Ltd is quoting at Rs 1839.3, up 1.71% on the day as on 12:49 IST on the NSE. The stock is down 4.25% in last one year as compared to a 6.52% fall in NIFTY and a 40.26% fall in the Nifty Metal index.
APL Apollo, Star Cement Among Stocks Trading Below Historical Valuations With Up To 36% Upside
An NDTV Profit analysis of Bloomberg data shows six stocks now trade below their five-year average valuations despite buy ratings exceeding 65% and upside potential of as much as 35.9%.
Metals Q4 results: Strong operational performance sustains amid elevated metal prices; Hindalco, APL Apollo top picks
Metals and mining sector showed resilience in Q4 FY26, supported by high commodity prices and strong demand. Most companies met or surpassed expectations, with APL Apollo Tubes and Hindalco receiving 'Buy' ratings from Axis Direct, highlighting their robust performance and strategic growth plans.
APL Apollo Tubes Ltd down for fifth straight session
APL Apollo Tubes Ltd is quoting at Rs 1751.6, down 2.05% on the day as on 13:19 IST on the NSE. The stock tumbled 3.53% in last one year as compared to a 4.38% slide in NIFTY and a 48.51% spurt in the Nifty Metal index.
Q4 Results: Avenue Supermarts (DMart) Profit, Revenue Rise 19%; Kotak Mahindra Profit Beats Estimates
Q4 Results live updates: Track revenue, profit, margin and outlook from 26 companies including Avenue Supermarts, Kotak Mahindra Bank and APL Apollo Tubes.