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APL Apollo Tubes Ltd Has Declined For Five Sessions In Row

Apollo Tubes_EQ
Today was the fifth session that APL Apollo Tubes Ltd has seen losses

As of 13:18 IST on the NSE, the stock is quoted at Rs 1632, down 1% for the day. APL Apollo Tubes Ltd. is up for the third time in a row today in the past year, outperforming the NIFTY index, which is up 11.04% and the Nifty Metal index, which is down 2.55% and 1.9%.
Today was the fifth session that APL Apollo Tubes Ltd has seen losses. As of 13:18 IST on the NSE, the stock is trading at 1632, down 1% for the day. The benchmark NIFTY is currently trading at 10963.4, down about 0.16% on the day.
The Sensex is down 0.02% at 36365.93. In the past month, APL Apollo Tubes Ltd. has lost about 8.93%. The Nifty Metal index, which includes APL Apollo Tubes Ltd., has decreased by about 9.96% over the past month and is currently trading at 3121.1, down 0.2% today. Today’s volume in the stock was 2340 shares, down from the daily average of 28448 shares for the previous month.

Based on TTM earnings through March 18 and the PE of the company, which is 34.64.

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