Apar Industries (APARINDS) Share Price Falls 2.34% Today; Valuation, Sector and Peer Check
- September 2, 2026
- Posted by: Harsh Piplani
- Category: News
Apar Industries Share Price fell to Rs 16,990 on 02 September 2026 at 9:54:33 AM IST, down 2.34% for the day. The stock was lower by Rs 407.35 from the previous close of Rs 17,397.35, while the company’s market capitalisation stood at Rs 74,132.67 crore. That kept the large-cap counter in focus within the Capital Goods sector.
The supplied data shows the stock opened at Rs 17,549.45, which also marked the day’s high, and then moved down to an intraday low of Rs 16,978. Turnover stood at Rs 2.32 crore at the time of the update. The data does not identify a company-specific trigger for the decline, so the most useful way to assess the move is through price action, valuation, profitability and peer comparison.
For readers tracking Apar Industries Share Price Today, the main questions are practical: how weak the intraday structure looks, whether the stock remains expensive against industry benchmarks, and how its return profile stacks up against major listed peers. The sections below review those points using only the verified figures provided.
Apar Industries (APARINDS) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 16,990 |
| Previous Close | Rs 17,397.35 |
| Today's Move | -Rs 407.35 (-2.34%) |
| Open | Rs 17,549.45 |
| High | Rs 17,549.45 |
| Low | Rs 16,978 |
| Turnover | Rs 2.32 crore |
| Market Capitalisation | Rs 74,132.67 crore |
| Market Cap Category | Large Cap |
Apar Industries Share Price Today reflects a clear retreat from the opening level. Because the open and high were both Rs 17,549.45, the session started at the strongest observed point and then weakened. By the captured time, the stock had slipped to Rs 16,990, only slightly above the day’s low of Rs 16,978.
That intraday pattern matters because it suggests selling pressure remained visible after the start of trade rather than appearing only briefly. The gap between the current price and previous close was Rs 407.35, equal to a 2.34% decline. Turnover of Rs 2.32 crore confirms active traded value during the move, while the company’s large-cap status means even routine daily swings attract attention from a wider group of market participants.
Another useful observation is range positioning. With the price hovering near the low of the day, the stock was trading close to the weaker end of its intraday band at the time of the update. The data does not tell us what happened after that point, but it does offer a clean snapshot of a session that opened firm and then turned softer.
Apar Industries (APARINDS) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 74,132.67 crore |
| P/E Ratio | 61.66x |
| P/B Ratio | 8.75x |
| ROE | 19.81% |
| ROCE | 31.84% |
| EPS | Rs 282.17 |
| Book Value Per Share | Rs 1,989.31 |
| Dividend Yield | 0.34% |
Apar Industries Fundamental Analysis presents a mix of strong return ratios and premium valuation multiples. The company is valued at 61.66 times earnings and 8.75 times book value. EPS stands at Rs 282.17, book value per share is Rs 1,989.31 and dividend yield is 0.34%.
On profitability, ROE is 19.81% and ROCE is 31.84%. Those numbers indicate the business has been generating healthy returns on shareholder equity and on capital employed. In simple terms, the company does not look weak on return metrics even though the stock was down on the day.
The tension between returns and valuation is central here. A higher P/E or P/B can sometimes be supported by stronger profitability, scale or market positioning, but richer multiples also mean the stock enters any weak session with less room for complacency. That does not explain the day’s price move, because no catalyst is supplied, but it does explain why valuation remains an important lens for interpreting the decline.
Technical Context
The supplied data includes an RSI of 59.83, a 50-day moving average of Rs 16,388.92 and a 200-day moving average of Rs 12,451.86. Those figures place the current price of Rs 16,990 above both the 50-DMA and the 200-DMA at the captured time.
Even after the day’s decline, the stock remained above these medium- and long-term reference levels. That is a factual observation from the supplied numbers, not a prediction of what comes next. It simply means the stock’s latest traded price was still above both moving averages despite the intraday weakness.
RSI at 59.83 suggests momentum was not at an extreme level based on the supplied reading. Since only a single time-stamped value is available, it should be read as context rather than a standalone signal.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Capital Goods |
| Industry | Electric Equipment |
| Benchmark Scope | same industry |
| Company P/E Ratio | 61.66x |
| Benchmark Median P/E | 34.37x |
| Benchmark Average P/E | 51.72x |
| Benchmark P/E Range | 4.37x to 727.44x |
| Company P/B Ratio | 8.75x |
| Benchmark Median P/B | 4.27x |
| Benchmark Average P/B | 6.53x |
| Company ROE | 19.81% |
| Benchmark Median ROE | 17.18% |
| Benchmark Average ROE | -16.61% |
| Company ROCE | 31.84% |
| Benchmark Median ROCE | 21.42% |
| Benchmark Average ROCE | 22.09% |
| Company Market Capitalisation | Rs 74,132.67 crore |
| Benchmark Median Market Cap | Rs 955.37 crore |
| Benchmark Average Market Cap | Rs 13,747.79 crore |
Apar Industries operates in the Capital Goods sector and Electric Equipment industry. The supplied benchmark covers 99 companies in the same industry, which makes it a useful frame for comparing multiples and return ratios.
The company’s P/E of 61.66 is above the industry median of 34.37 and also above the industry average of 51.72 across 89 companies with available P/E data. Its P/B of 8.75 is above the same-industry median of 4.27 and average of 6.53 across 98 companies. On valuation alone, the stock sits above typical benchmark levels.
Profitability tells a stronger story. ROE of 19.81% is above the industry median of 17.18%, while ROCE of 31.84% is comfortably above the median of 21.42% and the average of 22.09%. That means the company combines premium valuation with above-median return ratios.
Scale is another differentiator. The company’s market capitalisation of Rs 74,132.67 crore is far above the industry median of Rs 955.37 crore and above the average of Rs 13,747.79 crore. So, within its industry snapshot, it stands out not only for valuation but also for size.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| ABB India | ABB | 1,57,447.92 | 52.43 | 16.77 | 22.39 | 30.18 |
| Hitachi Energy India | POWERINDIA | 1,46,062.96 | 126.97 | 26.7 | 21.04 | 28.73 |
| Siemens | SIEMENS | 1,43,683.94 | 43.72 | 10.1 | 15.64 | 21.42 |
| CG Power and Industrial Solutions | CGPOWER | 1,41,317.87 | 111.54 | 16.97 | 20.43 | 27.94 |
| SIEMENS ENERGY INDIA | ENRIN | 1,12,936.5 | 75.9 | 21.5 | 29.23 | 40.19 |
The peer basket in the supplied data includes ABB India, Hitachi Energy India, Siemens, CG Power and Siemens Energy India. On market capitalisation, Apar Industries at Rs 74,132.67 crore is smaller than each of those peers, which range from Rs 1,12,936.50 crore to Rs 1,57,447.92 crore.
Valuation is mixed rather than uniformly high. The company’s P/E of 61.66 is above ABB India’s 52.43 and Siemens’ 43.72, but below Hitachi Energy India’s 126.97, CG Power’s 111.54 and Siemens Energy India’s 75.90. Its P/B of 8.75 is below every named peer in the table, including Siemens at 10.10.
Profitability is competitive. ROE of 19.81% is above Siemens’ 15.64% but below ABB India, Hitachi Energy India, CG Power and Siemens Energy India. ROCE of 31.84% is above ABB India’s 30.18, Hitachi Energy India’s 28.73, Siemens’ 21.42 and CG Power’s 27.94, though below Siemens Energy India’s 40.19. So the company’s peer positioning can be described as solid on operating returns, premium on earnings multiple versus some peers, and relatively lower on book-value multiple than this peer set.
Why Investors Are Watching the Stock
- The stock was down 2.34% at Rs 16,990 from the previous close of Rs 17,397.35.
- It opened at Rs 17,549.45, which was also the day’s high, and then slipped close to the intraday low of Rs 16,978.
- Return metrics remain healthy, with ROE at 19.81% and ROCE at 31.84%.
- Valuation remains above same-industry medians, with P/E at 61.66 and P/B at 8.75.
- The company’s market capitalisation of Rs 74,132.67 crore makes it one of the larger names in its industry universe.
About Apar Industries
Apar Industries is classified in the Capital Goods sector and Electric Equipment industry. Based on the supplied peer set and benchmark snapshot, it sits in a segment that includes several large listed engineering and electrical equipment companies. Its scale is well above the industry median, while its valuation and profitability metrics place it among the more closely watched names in the group.
Track Apar Industries on Univest
Readers who want the latest market data can visit the Apar Industries share price page on Univest for the stock’s live market page referenced in the supplied 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 Apar Industries Share Price falling today?
Ans. The stock was down 2.34% at Rs 16,990 compared with the previous close of Rs 17,397.35. The supplied data confirms the decline and intraday weakness, but it does not provide a company-specific reason for the move.
What is Apar Industries Share Price Today?
Ans. Apar Industries Share Price Today stood at Rs 16,990 at 9:54:33 AM IST on 02 September 2026. That was Rs 407.35 below the previous close, equivalent to a 2.34% decline.
How did the stock trade intraday?
Ans. The stock opened at Rs 17,549.45, which was also the day’s high, and then moved down to a low of Rs 16,978. At the captured time, it was trading near the lower end of that intraday range.
What is the market capitalisation of Apar Industries?
Ans. The company’s market capitalisation was Rs 74,132.67 crore at the time of the update. It is classified as a Large Cap stock. The company operates in the Capital Goods sector.
Does the company trade above industry valuation benchmarks?
Ans. Yes, based on the supplied same-industry benchmark. Its P/E of 61.66 is above the industry median of 34.37 and average of 51.72, while its P/B of 8.75 is above the median of 4.27 and average of 6.53.
How profitable is Apar Industries on return ratios?
Ans. ROE is 19.81% and ROCE is 31.84%. Both are above the same-industry medians provided in the dataset. ROE stands at 19.81%. ROCE stands at 31.84%. The relevant peer median ROE is 17.18%.
How does it compare with peers?
Ans. The company is smaller by market capitalisation than ABB India, Hitachi Energy India, Siemens, CG Power and Siemens Energy India. Its P/E is lower than some peers and higher than others, while its P/B is below all five peers listed.
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