Shares of Apar Industries have delivered over 370% return to its shareholders in just one year. The stock is up over 2,230% in the last 10 years
Apar Industries Limited is a manufacturer and supplier of conductors, a variety of cables, specialty oils, polymers and lubricants. The company’s segments include conductor, transformer & specialties oils and power/telecom cables
Apar Industries' net profit zoomed 194% to Rs 242.73 crore in Q4 against Rs 82.61 crore in the March 2022 quarter. The firm reported a 35.4% rise in sales to Rs 4,056.53 crore in the March 2023 quarter against Rs 3,003.90 crore in the same quarter a year ago
The company recommended a dividend for the financial year 2022-23 at Rs 40 per share aggregating to Rs 153.07 crore on 38,268,619 equity shares of Rs 10/- each fully paid
Prabhudas Lilladher has maintained its bullish stance because of an increasing share of premiumisation & exports along with strong volume growth across segments, expanding international footprints and a strong outlook for the cable business
Going forward, the conductors and cables business is likely to witness strong traction from exports led by increased infrastructure spending in key markets such as the USA, Europe etc., says Prabhudas Lilladher
Shares of Apar Industries hit an all-time high of Rs 3,296.40 on BSE on May 8, 2023. The market cap of the firm rose to Rs 11,681.11 crore
Shares of Apar Industries hit a 52-week high of Rs 3,296.40 on May 8, 2023, and a 52-week low of Rs 558.60 on May 11, 2022
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