APL Apollo Tubes Achieves All-Time High, Reflecting Strong Industry Performance and Growth

APL Apollo Tubes has reached a significant milestone today, hitting an all-time high of Rs. 1853.5. This achievement underscores the company's robust performance in the iron and steel products sector. Despite a slight underperformance of -0.38% today compared to the Sensex's -0.26%, APL Apollo Tubes has shown impressive growth over the past month, with a 13.74% increase, significantly outpacing the Sensex's 1.39%.
The stock has demonstrated high volatility today, with an intraday volatility of 119.11%. However, it remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong technical position. Over the past three years, APL Apollo Tubes has delivered a remarkable 111.11% return, showcasing its consistent performance.

Financially, the company boasts a solid return on capital employed (ROCE) of 26.81% and a low debt-to-EBITDA ratio of 0.34, reflecting its strong ability to manage debt. With high institutional holdings at 48.52%, APL Apollo Tubes continues to be a standout performer in its industry, ranking among the top 1% of companies rated by MarketsMojo.