APL Apollo Tubes Ltd gained for a third straight session today. The stock is quoting at Rs 2086.7, up 2.02% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.31% on the day, quoting at 24272.2. The Sensex is at 78203, up 0.27%. APL Apollo Tubes Ltd has risen around 3.64% in last one month.
Meanwhile, Nifty Metal index of which APL Apollo Tubes Ltd is a constituent, has risen around 9.75% in last one month and is currently quoting at 12740.2, up 0.15% on the day. The volume in the stock stood at 2.11 lakh shares today, compared to the daily average of 6.56 lakh shares in last one month.
The benchmark April futures contract for the stock is quoting at Rs 2082.9, up 1.45% on the day. APL Apollo Tubes Ltd is up 30.46% in last one year as compared to a 0.61% spurt in NIFTY and a 47.45% spurt in the Nifty Metal index.
The PE of the stock is 115.24 based on TTM earnings ending December 25.