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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 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.
APL Apollo Q4 Results: Profit up 21%, EBITDA rises 24%; Dividend declared
APL Apollo Tubes Limited posts strong Q4 results with higher profit, revenue and margins, announces final dividend. Shares of APL Apollo Tubes Ltd ended lower on Thursday, April 2, by 3.03% at 1,907.00 on the NSE.
CLSA says Nifty has given a new signal on the charts; check potential returns and top midcap 'buys'
Laurence Balanco of CLSA has shared five midcap ideas: BSE, MCX, Apollo Tubes, Dixon Technologies and Aurobindo Pharma.
APL Apollo shares cool sharply from highs after missing volume growth guidance
For the full financial year, APL Apollo reported an overall sales volume growth of 11% from last year to 34.91 lakh tonnes.