APL Apollo Tubes Ltd Hits New 52-Week High of Rs.2069.9

Strong Momentum Drives New High

On 23 Jan 2026, APL Apollo Tubes Ltd surged to an intraday peak of Rs.2069.9, representing a 4.94% increase on the day and outperforming its sector by 3.31%. This marks the highest price level the stock has achieved in the past 52 weeks, surpassing its previous peak and signalling sustained investor confidence in the company’s trajectory.

The stock has recorded gains for two consecutive sessions, delivering an impressive 8.7% return over this short period. This upward trend is supported by the stock trading above all key moving averages – including the 5-day, 20-day, 50-day, 100-day, and 200-day averages – underscoring a strong technical foundation.

Comparative Market Context

While the broader Sensex index opened flat and edged slightly lower by 0.04% to 82,275.36 points, APL Apollo Tubes Ltd’s performance stood out. The Sensex remains 4.72% below its own 52-week high of 86,159.02, and is currently trading below its 50-day moving average, though the 50DMA remains above the 200DMA, indicating a cautiously positive medium-term outlook for the market.

Mid-cap stocks have been leading the market today, with the BSE Mid Cap index gaining 0.13%. Within this environment, APL Apollo Tubes Ltd’s outperformance highlights its relative strength and resilience amid mixed market conditions.

Robust Financial Performance Underpinning Growth

APL Apollo Tubes Ltd’s ascent to a new 52-week high is supported by strong financial metrics and consistent growth. The company has demonstrated a healthy long-term growth trajectory, with net sales expanding at an annual rate of 23.85% and operating profit growing at 26.46%. This growth is reflected in the company’s latest quarterly results, which recorded the highest net sales of Rs.5,815.13 crores and a peak PBDIT of Rs.471.79 crores.

Net profit growth has been particularly notable, rising by 42.9% in the most recent quarter, contributing to a series of four consecutive quarters of positive results. The company’s return on capital employed (ROCE) remains strong at 27.96% on average, with the half-year ROCE reaching 27.53%, indicating efficient utilisation of capital resources.

Valuation and Debt Metrics

APL Apollo Tubes Ltd maintains a conservative debt profile, with a low Debt to EBITDA ratio of 0.35 times, signalling a strong ability to service its obligations. The company’s return on equity (ROE) stands at 22.8%, complemented by a price-to-book value of 11.9, which suggests a fair valuation relative to its peers.

Despite the strong performance, the stock is trading at a discount compared to the average historical valuations of its sector peers, offering a valuation gap that reflects its growth and profitability metrics.

Market Position and Institutional Confidence

APL Apollo Tubes Ltd is ranked among the top 1% of companies rated by MarketsMojo across a universe of over 4,000 stocks, holding the third position within the mid-cap segment and across the entire market. Its Mojo Score of 88.0 and an upgraded Mojo Grade to Strong Buy from Buy as of 13 Oct 2025 further attest to its strong fundamentals and market standing.

Institutional investors hold a significant 53.03% stake in the company, reflecting confidence from entities with extensive analytical capabilities and resources. This institutional backing often correlates with sustained stock performance and market credibility.

Long-Term Outperformance and Sector Leadership

Over the past year, APL Apollo Tubes Ltd has delivered a total return of 28.90%, significantly outperforming the Sensex’s 7.52% gain over the same period. The stock’s 52-week low was Rs.1273.3, highlighting the substantial appreciation it has achieved within the last twelve months.

Its market-beating performance extends beyond the one-year horizon, with the stock outperforming the BSE500 index over the last three years, one year, and three months. This consistent outperformance underscores the company’s leadership within the Iron & Steel Products sector and its ability to generate shareholder value over multiple time frames.

APL Apollo Tubes Ltd’s PEG ratio of 0.7 further indicates that its earnings growth is favourably aligned with its price appreciation, reinforcing the stock’s strong growth fundamentals.

Summary of Key Metrics

To summarise, the stock’s key performance indicators include:

• New 52-week high price: Rs.2069.9


• Consecutive two-day gain of 8.7%


• Mojo Score: 88.0 with Strong Buy grade


• Annual net sales growth: 23.85%


• Annual operating profit growth: 26.46%


• Net profit growth in latest quarter: 42.9%


• ROCE average: 27.96%


• Debt to EBITDA ratio: 0.35 times


• Institutional holdings: 53.03%


• One-year stock return: 28.90%


• Sensex one-year return: 7.52%

These figures collectively illustrate the company’s robust financial health and market performance, which have propelled the stock to its current peak.

Technical Strength Reinforces Positive Trend

The stock’s position above all major moving averages confirms a strong technical trend. Trading above the 200-day moving average is often viewed as a long-term bullish indicator, while surpassing shorter-term averages such as the 5-day and 20-day moving averages signals positive momentum in the near term.

This technical strength, combined with the company’s fundamental performance, has contributed to the stock’s ability to reach and sustain new highs.

Sector and Industry Context

Within the Iron & Steel Products sector, APL Apollo Tubes Ltd stands out for its consistent growth and financial discipline. The sector has faced varied market conditions, yet the company’s ability to maintain strong sales growth and profitability highlights its competitive positioning and operational efficiency.

Its market capitalisation grade of 2 reflects a solid mid-cap status, balancing growth potential with established market presence.

Conclusion

APL Apollo Tubes Ltd’s achievement of a new 52-week high at Rs.2069.9 is a testament to its sustained growth, strong financial metrics, and positive market momentum. The stock’s outperformance relative to the broader market and its sector peers underscores its leadership position and robust fundamentals. Supported by strong institutional ownership and a favourable technical setup, the company continues to demonstrate resilience and strength in a competitive industry landscape.

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