Chart Check: After record high in August, this structural steel maker could see further 50% upside in 6 months

Chart Check: After record high in August, this structural steel maker could see further 50% upside in 6 months

APL Apollo Tubes, a producer of structural in India, hit a record high earlier in August 2022, and experts and technical indicators suggest that the upside is still intact. The stock with a market capitalisation of more than Rs 26,000 crore hit a record high of Rs 1,146 on August 16, 2022, on the BSE. … Read more

Chart Check: 30% in a month! This capital goods stock just gave a breakout from double bottom pattern

Chart Check: 30% in a month! This capital goods stock just gave a breakout from double bottom pattern

APL Apollo Tubes, part of the capital goods space, rose more than 30 per cent in a month which helped the stock to hit a fresh record high last week, and experts are of the view that momentum is likely to extend towards Rs 1,500. The stock price rallied from Rs 859 recorded on July … Read more