10 Jun 2025

Apollo Pipes Gains on BSE; Increases Stake in Subsidiary Kisan Mouldings

Apollo Pipes is currently trading at RS. 434.30, up by 3.75 points or 0.87% from its previous closing price of RS. 430.55 on the BSE.

The stock opened at RS. 438.10 and recorded an intraday high of RS. 438.25 and a low of RS. 426.30. A total of 23,091 shares have been traded so far.

Classified under the BSE group 'B', the stock has a face value of RS. 10. It touched a 52-week high of RS. 679.95 on September 5, 2024, and a 52-week low of RS. 313.05 on March 3, 2025. In the last one week, the scrip has seen a high of RS. 463.35 and a low of RS. 422.90. The current market capitalization of the company stands at RS. 1983.53 crore.

Promoters hold 46.84% stake in the company, while institutions and non-institutions hold 17.55% and 35.61% respectively.

Apollo Pipes has increased its strategic investment in subsidiary Kisan Mouldings (KML) by acquiring an additional 1.01% equity stake through a secondary purchase. With this move, the company has raised its holding in KML from 57.59% to 58.60%.

Headquartered in Delhi, Apollo Pipes is a key player in the manufacturing and trading of PVC pipes and fittings. It operates under the well-known brand name APL Apollo and holds a strong market presence in the piping and related products segment.