APL Apollo Tubes (APLAPOLLO) Share Price Falls 2.18% to Rs 2,169.40

APL Apollo Tubes Share Price fell to Rs 2,169.40 on 03 September 2026, down 2.18% for the day, taking the Large Cap company’s market capitalisation to Rs 61,641.55 crore. The stock opened at Rs 2,223.00, touched an intraday high of Rs 2,234.70 and then slipped to its day low of Rs 2,169.40 by the time of this update.

For investors tracking the stock today, the verified data confirms the price move but does not establish a company-specific catalyst behind the fall. Focus has therefore shifted to price action, valuation and industry context. The stock remains above its 50-day moving average of Rs 2,063.57 and 200-day moving average of Rs 1,978.38, while RSI stands at 70.07.

From a fundamental perspective, the company trades at a P/E of 50.10 and a P/B of 11.08, with ROE at 25.35%, ROCE at 31.83%, EPS at Rs 44.26, book value at Rs 200.23 and dividend yield at 0.38%.

APL Apollo Tubes (APLAPOLLO) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 2,169.4
Previous Close	Rs 2,217.8
Today's Move	-Rs 48.40 (-2.18%)
Open	Rs 2,223
High	Rs 2,234.7
Low	Rs 2,169.4
Turnover	Rs 0.78 crore
Market Capitalisation	Rs 61,641.55 crore
Market Cap Category	Large Cap

APL Apollo Tubes Share Price Today shows a sharp intraday reversal. The stock opened above the previous close, moved up briefly and then weakened through the morning session.

The stock was at Rs 2,169.40 versus the previous close of Rs 2,217.80, translating into a loss of Rs 48.40 or 2.18%. It opened at Rs 2,223.00, climbed to Rs 2,234.70 and later declined to Rs 2,169.40. Since the current price matched the day low at publication, the numbers indicate sellers were in control after the opening phase.

Turnover stood at Rs 0.78 crore. For a Large Cap stock, a decline of this kind often prompts a closer look at whether the move is only intraday weakness or whether it changes the technical and valuation discussion around the counter.

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 Fundamental Analysis shows a business with strong return ratios, but also a stock trading at valuation multiples well above much of its industry. That combination helps explain why today’s move is drawing attention.

At a market capitalisation of Rs 61,641.55 crore, the company is one of the larger listed names in Steel & Iron Products. The stock trades at a P/E ratio of 50.10 and a P/B ratio of 11.08, indicating a premium relative to earnings and accounting net worth. At the same time, profitability metrics remain strong, with ROE at 25.35% and ROCE at 31.83%.

EPS stands at Rs 44.26, book value per share is Rs 200.23 and dividend yield is 0.38%. Taken together, the data suggests that profitability supports market interest, while the premium valuation keeps the stock under scrutiny when the price comes under pressure.

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 sector data places the company in a broad Iron & Steel universe. The comparison helps show whether the stock’s valuation and return profile sit above or below the industry baseline.

APL Apollo Tubes operates in the Iron & Steel sector and the Steel & Iron Products industry. The benchmark snapshot covers 138 companies in the same industry. Within that group, the company’s P/E of 50.10 is above the sector median P/E of 20.66 and the average of 31.26. The wider P/E range runs from 0.28 to 218.48 across 119 companies with available data.

The valuation premium is also visible on book value multiples. The company has a P/B of 11.08, versus the benchmark median of 1.63 and average of 2.35 across 137 companies. Yet profitability is stronger than the industry central tendency. ROE of 25.35% is above the median ROE of 9.56% and average of 2.15%, while ROCE of 31.83% is above the median of 12.19% and average of 8.85%.

Market-cap context adds another layer. At Rs 61,641.55 crore, the company is well above the industry median market cap of Rs 294.48 crore and the average of Rs 8,181.48 crore, though still below the benchmark maximum of Rs 3,20,109.92 crore. In short, the stock is being assessed as a large and profitable industry player that also commands a significant premium to the same-industry benchmark.

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 comparison shows that APL Apollo Tubes sits between the largest steel majors and mid-sized listed names by market capitalisation, while its valuation and return metrics stand apart from several of them.

Among supplied peers, JSW Steel has the largest market capitalisation at Rs 3,20,109.92 crore, followed by Tata Steel at Rs 2,29,633.17 crore. APL Apollo Tubes, at Rs 61,641.55 crore, is smaller than both and also below Steel Authority of India at Rs 79,368.04 crore, but it is close to Welspun Corp at Rs 67,357.62 crore and slightly above Jindal Stainless at Rs 60,450.57 crore.

Valuation is where the contrast becomes sharper. The stock trades at a P/E of 50.10, compared with 12.89 for JSW Steel, 20.77 for Tata Steel, 18.98 for Steel Authority of India, 28.81 for Welspun Corp and 18.62 for Jindal Stainless. Its P/B of 11.08 is also above the peer set, where values range from 1.31 to 6.95. Profitability, however, is comparatively strong. ROE of 25.35% is below JSW Steel’s 28.54% but above Tata Steel’s 11.44%, Steel Authority of India’s 5.66%, Welspun Corp’s 19.55% and Jindal Stainless’ 17.51%. ROCE of 31.83% is higher than all five listed peers in this set.

Why Investors Are Watching APL Apollo Tubes

• The stock declined 2.18% to Rs 2,169.40 after opening at Rs 2,223.00 and reversing from Rs 2,234.70.
• RSI is 70.07, while the price remains above the 50-day moving average of Rs 2,063.57 and the 200-day moving average of Rs 1,978.38.
• The company combines a premium P/E of 50.10 and P/B of 11.08 with strong ROE of 25.35% and ROCE of 31.83%.
• Its market capitalisation of Rs 61,641.55 crore is much larger than the same-industry median of Rs 294.48 crore.
• Peer data shows stronger ROCE than JSW Steel, Tata Steel, Steel Authority of India, Welspun Corp and Jindal Stainless, but at a richer valuation.

About APL Apollo Tubes

APL Apollo Tubes is tracked within the Iron & Steel sector and the Steel & Iron Products industry. Based on the supplied market data, it is a large listed player in its industry, with a market capitalisation of Rs 61,641.55 crore. Its inclusion alongside peers such as JSW Steel, Tata Steel, Steel Authority of India, Welspun Corp and Jindal Stainless places it within a competitive listed universe where valuation and return ratios are closely watched.

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On Univest, investors can track APL Apollo Tubes Share Price through daily price action, moving averages, RSI, valuation ratios, profitability metrics, sector comparisons and peer benchmarks. That helps place today’s decline in context rather than viewing it as a standalone move.

For now, the verified data shows a clear decline in APL Apollo Tubes Share Price, but not a confirmed company-specific trigger. That leaves investors watching whether the stock continues to hold above its medium- and long-term moving averages, and how its premium valuation is viewed against sector and peer benchmarks.

Frequently Asked Questions

Why is APL Apollo Tubes Share Price falling today?

Ans. APL Apollo Tubes Share Price was down 2.18% at Rs 2,169.40 versus the previous close of Rs 2,217.80. The supplied data confirms the decline, but it does not establish a company-specific catalyst behind today’s move.

What is APL Apollo Tubes Share Price Today?

Ans. APL Apollo Tubes Share Price Today stood at Rs 2,169.40 at the time of the update. The stock was down Rs 48.40, or 2.18%, from its previous close of Rs 2,217.80.

How did APL Apollo Tubes trade during the session?

Ans. The stock opened at Rs 2,223.00, moved up to an intraday high of Rs 2,234.70 and later declined to Rs 2,169.40. That day low also matched the current quoted price in this update.

What are the key valuation ratios for APL Apollo Tubes?

Ans. APL Apollo Tubes trades at a P/E ratio of 50.10 and a P/B ratio of 11.08. Both figures place the stock at a premium relative to several supplied sector and peer benchmarks.

How profitable is APL Apollo Tubes based on supplied data?

Ans. The company’s ROE stands at 25.35% and ROCE at 31.83%, indicating strong returns on equity and capital employed. EPS is Rs 44.26, while book value per share is Rs 200.23.

How does APL Apollo Tubes compare with its industry benchmark?

Ans. In the same-industry benchmark of 138 companies, APL Apollo Tubes has a higher P/E than the median 20.66 and average 31.26. Its ROE and ROCE are also above industry medians of 9.56 and 12.19.

How does APL Apollo Tubes compare with peers like JSW Steel and Tata Steel?

Ans. APL Apollo Tubes has a higher P/E than JSW Steel, Tata Steel, Steel Authority of India, Welspun Corp and Jindal Stainless. However, its ROCE of 31.83% is higher than each of those supplied peers.

What should investors monitor next in APL Apollo Tubes Stock News?

Ans. Investors may track whether the stock holds above Rs 2,063.57 and Rs 1,978.38, how the premium P/E of 50.10 is viewed against peers, and whether further price action confirms or stabilises today’s decline.