APL Apollo Tubes (APLAPOLLO) Share Price Falls 2.48% Today
- September 3, 2026
- Posted by: Harsh Piplani
- Category: News
APL Apollo Tubes Share Price fell to Rs 2,162.85 on 03 September 2026, down 2.48% or Rs 54.95 from the previous close of Rs 2,217.80. The stock opened at Rs 2,223.00, touched a high of Rs 2,234.70, and slipped to a low of Rs 2,162.85, which was also the prevailing price at the time of the update. With a market capitalisation of Rs 61,641.55 crore, the company remains a Large Cap name within the Iron & Steel space.
For readers tracking APL Apollo Tubes Share Price Today, the price move is clear but the dataset does not identify a company-specific trigger. What the numbers do show is a combination that often attracts attention after a down session: the stock trades at premium valuation multiples, profitability metrics remain strong, and the price is still above important moving averages. The supplied figures include a P/E of 50.10, P/B of 11.08, ROE of 25.35%, ROCE of 31.83%, EPS of 44.26, book value of Rs 200.23, dividend yield of 0.38%, RSI of 70.07, 50-day moving average of 2,063.57, and 200-day moving average of 1,978.38.
APL Apollo Tubes (APLAPOLLO) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 2,162.85 |
| Previous Close | Rs 2,217.8 |
| Today's Move | -Rs 54.95 (-2.48%) |
| Open | Rs 2,223 |
| High | Rs 2,234.7 |
| Low | Rs 2,162.85 |
| Turnover | Rs 1.46 crore |
| Market Capitalisation | Rs 61,641.55 crore |
| Market Cap Category | Large Cap |
APL Apollo Tubes Share Price spent the session weakening after a slightly stronger start. The stock opened above the previous close, briefly moved up to Rs 2,234.70, and then gave up ground through the session to reach Rs 2,162.85. That left the price below the prior close and exactly at the intraday low when this article was published.
In rupee terms, the move amounted to a decline of Rs 54.95. Turnover stood at Rs 1.46 crore. For a company of this size, that is enough to keep the stock on active watchlists, but the data by itself does not explain why the move happened. A factual reading is simply that the session saw selling pressure after the opening phase and that the stock ended up near the weakest point of the day.
APL Apollo Tubes (APLAPOLLO) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 61,641.55 crore |
| P/E Ratio | 50.1x |
| P/B Ratio | 11.08x |
| ROE | 25.35% |
| ROCE | 31.83% |
| EPS | Rs 44.26 |
| Book Value Per Share | Rs 200.23 |
| Dividend Yield | 0.38% |
APL Apollo Tubes Share Price is tied to a business that shows strong profitability but also demanding valuation multiples. The P/E ratio of 50.10 and P/B ratio of 11.08 place the stock at elevated levels on both earnings and book-value measures. Those numbers do not say whether the stock is mispriced, but they do indicate that the market assigns a premium to the company compared with many industry players.
On operating quality, the supplied data is stronger. ROE stands at 25.35% and ROCE at 31.83%, both of which suggest efficient use of shareholder capital and operating capital. EPS is Rs 44.26, while book value per share is Rs 200.23. Dividend yield is 0.38%, which is a backward-looking ratio based on historical payout relative to price, not a forward commitment.
This mix matters because a premium stock can often be more closely watched during a fall. When valuation is high and profitability is also high, even a single-session decline can prompt investors to revisit whether the premium remains justified relative to peers and sector averages.
Technical Snapshot
From a trend perspective, APL Apollo Tubes Share Price remains above both key moving averages in the dataset. The current price of Rs 2,162.85 is above the 50-day moving average of 2,063.57 and the 200-day moving average of 1,978.38. That means the short-term and longer-term reference levels cited here have not yet been broken by today’s move.
The RSI is 70.07. This indicates strong momentum in the recent period, even though the stock was down in today’s trade. RSI on its own does not forecast the next move, but it does add context: the decline came while the stock still showed relatively elevated momentum based on this indicator.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 50.1x |
| Benchmark Median P/E | 20.66x |
| Benchmark Average P/E | 31.26x |
| Benchmark P/E Range | 0.28x to 218.48x |
| Company P/B Ratio | 11.08x |
| Benchmark Median P/B | 1.63x |
| Benchmark Average P/B | 2.35x |
| Company ROE | 25.35% |
| Benchmark Median ROE | 9.56% |
| Benchmark Average ROE | 2.15% |
| Company ROCE | 31.83% |
| Benchmark Median ROCE | 12.19% |
| Benchmark Average ROCE | 8.85% |
| Company Market Capitalisation | Rs 61,641.55 crore |
| Benchmark Median Market Cap | Rs 294.48 crore |
| Benchmark Average Market Cap | Rs 8,181.48 crore |
The company operates in Iron & Steel, specifically Steel & Iron Products. The benchmark used in the supplied dataset covers 138 companies from the same industry, which gives useful context for evaluating valuation and profitability.
On valuation, the company stands above broad industry norms. Its P/E of 50.10 is higher than the industry median of 20.66 and average of 31.26 across 119 companies. Its P/B of 11.08 is also above the industry median of 1.63 and average of 2.35 across 137 companies. That confirms the premium is not just visible against a few large peers but also across a wider industry sample.
On profitability, the picture is stronger. ROE of 25.35% is well above the industry median of 9.56% and average of 2.15%. ROCE of 31.83% is also above the industry median of 12.19% and average of 8.85%. In size terms, the company’s market capitalisation of Rs 61,641.55 crore is far above the median industry market cap of Rs 294.48 crore and also well above the average of Rs 8,181.48 crore.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| JSW Steel | JSWSTEEL | 3,20,109.92 | 12.89 | 3.06 | 28.54 | 20.67 |
| Tata Steel | TATASTEEL | 2,29,633.17 | 20.77 | 2.23 | 11.44 | 12.7 |
| Steel Authority Of India | SAIL | 79,368.04 | 18.98 | 1.31 | 5.66 | 7.08 |
| Welspun Corp | WELCORP | 67,357.62 | 28.81 | 6.95 | 19.55 | 23.94 |
| Jindal Stainless | JSL | 60,450.57 | 18.62 | 2.96 | 17.51 | 19.19 |
Peer data reinforces the same message. APL Apollo Tubes Share Price reflects a higher earnings multiple than JSW Steel, Tata Steel, SAIL, Welspun Corp, and Jindal Stainless, whose P/E ratios range from 12.89 to 28.81 in the supplied set. Its P/B of 11.08 is also above every listed peer in this comparison.
Profitability, however, is comparatively strong. ROE of 25.35% is above Tata Steel, SAIL, Welspun Corp, and Jindal Stainless, though below JSW Steel’s 28.54%. ROCE of 31.83% is higher than all five peers listed here. In market-cap terms, APL Apollo sits below JSW Steel, Tata Steel, and SAIL, while remaining close to Welspun Corp and Jindal Stainless.
Why Investors Are Watching APL Apollo Tubes
- The stock fell 2.48% to Rs 2,162.85 and was trading at the day’s low at the time of the update.
- The current price is still above both the 50-day and 200-day moving averages.
- RSI of 70.07 suggests momentum had been elevated despite today’s decline.
- Profitability metrics remain strong, with ROE at 25.35% and ROCE at 31.83%.
- Valuation remains rich versus both broad industry benchmarks and key peers.
About APL Apollo Tubes
APL Apollo Tubes is classified in the Iron & Steel sector and the Steel & Iron Products industry. Within the supplied peer set, it is compared with companies such as JSW Steel, Tata Steel, SAIL, Welspun Corp, and Jindal Stainless. The key takeaway from the data is straightforward: the business sits in the large-cap bracket, shows stronger profitability than many peers, and trades at a clear premium on valuation ratios.
Track APL Apollo Tubes Share Price on Univest
UseAPL Apollo Tubes (APLAPOLLO) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.
On Univest, investors can monitor APL Apollo Tubes Share Price alongside daily price action, moving averages, RSI, valuation ratios, market capitalisation, and peer comparison. That helps frame a short-term fall within a broader fundamental and sector context without assuming a reason not confirmed by the dataset.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is APL Apollo Tubes Share Price falling today?
Ans. The data confirms a 2.48% fall to Rs 2,162.85 from the previous close of Rs 2,217.80. However, the supplied dataset does not identify a company-specific catalyst. The intraday range extended from Rs 2,162.85 to Rs 2,234.7.
What is APL Apollo Tubes Share Price today?
Ans. APL Apollo Tubes Share Price today is Rs 2,162.85 at the time of the update, down Rs 54.95 for the session. The previous close was Rs 2,217.8. The stock moved 2.48% lower during the session.
How does it compare with key peers?
Ans. It trades at a higher P/E than JSW Steel, Tata Steel, SAIL, Welspun Corp, and Jindal Stainless, while its ROCE is higher than all five supplied peers. Comparable listed companies include JSW Steel, Tata Steel, Steel Authority Of India.
