Stock Radar: Buy APL Apollo Tubes for a target of Rs 1200 in next 1 year, says Mohit Nigam
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Stock Radar: Buy APL Apollo Tubes for a target of Rs 1200 in next 1 year, says Mohit Nigam


APL Apollo Tubes, part of Iron & Steel Products industry, has fallen more than 20 per cent from the December 2021 highs but fundamentals suggest that a pickup in sales volume, margin expansion as well as fresh CAPEX plans could take the stock towards Rs 1,200 in next 1-2 year, Mohit Nigam, Head – PMS, Hem Securities, said.



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