NSE: APLAPOLLO · 23 October 2026
- APL Apollo Tubes Ltd (APLAPOLLO) fell 1.45% during the trading session on October 23, 2026, closing at ₹2022.60 compared to its previous close of ₹2052.40. The stock traded within a day's range of ₹1994.10 and ₹2060.00, opening at ₹2044.00.
- APL Apollo Tubes reported its sales volume for Q2FY27, registering the highest-ever quarterly sales volume of 963,143 tons compared to 855,037 tons in Q2FY26. For H1FY27, total sales volume reached 1,707,966 tons, marking a 4% increase year-on-year. Growth was led by strong performances in the core APL Apollo brand and roofing products.
- Trading volume was 1.39 times the 20-day average daily volume.
Why is Apl Apollo Tubes share price falling on 23 October 2026?
APL Apollo Tubes Ltd (APLAPOLLO) fell 1.45% during the trading session on October 23, 2026, closing at ₹2022.60 compared to its previous close of ₹2052.40. The stock traded within a day's range of ₹1994.10 and ₹2060.00, opening at ₹2044.00.
The broader market and sectoral backdrop reflected pronounced downward pressure. The benchmark Nifty declined by 0.90%, while the Nifty Metal sector index dropped sharply by 2.95%, making APL Apollo's modest 1.45% decline appear relatively resilient against a weak sectoral trend. Over a broader horizon, the stock has experienced recent downward momentum, registering a 5-day return of -5.44% and a 20-day return of -7.85%.
Additionally, the company recently scheduled a board meeting for October 26, 2026, to review and approve its standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2026, alongside ongoing investor engagement activities.
6.88 lakh shares traded by 23 October 2026 · 03:00 PM IST. This compares with a 20-day average daily volume of 4.93 lakh shares (1.39 times). The five-day average daily volume was 3.97 lakh shares. Separately, the NSE report for 22 October 2026 showed 3.95 lakh shares delivered, representing 60.81% of that day’s traded volume. The same report recorded 20,253 trades.
The decline of 1.45% aligns with broader weakness in metal sector benchmarks and prior short-term negative returns (-5.44% over 5 days), accompanied by moderately elevated trading volume.
Latest Company Developments
APL Apollo Tubes reported its sales volume for Q2FY27, registering the highest-ever quarterly sales volume of 963,143 tons compared to 855,037 tons in Q2FY26. For H1FY27, total sales volume reached 1,707,966 tons, marking a 4% increase year-on-year. Growth was led by strong performances in the core APL Apollo brand and roofing products.
Robust sales volume expansion highlights underlying structural demand and capacity utilization across building material product lines.
The company informed stock exchanges that a meeting of the Board of Directors is scheduled for October 26, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.
Upcoming financial disclosures will provide detailed profitability, margin trends, and financial performance figures for the latest quarter.
Following board approval, APL Apollo Tubes participated in the incorporation of a Group Shared Services Company named SG Enterprise Solutions Private Limited on September 10, 2026. APL Apollo holds a 20% equity stake, investing ₹1,00,000 by subscribing to 10,000 equity shares at ₹10 each.
The associate entity will provide centralized corporate support services to participating group entities, streamlining operations.
APL Apollo Tubes Limited has received various order of revised demand from Deputy Commissioner (Appeals), Hosur under Section 74 of the CGST Act, 2017.
APL Apollo Tubes Limited has submitted to the Exchange, the financial results for the period ended June 30, 2026.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 16.83% on 30 September 2026. This compares with 14.14% on 30 June 2026, a change of +2.69 percentage points.
The filing reported 41 MF/UTI holders.
Research & Brokerage Views
What to Watch Next
- Upcoming financial results for the quarter and half year ended September 30, 2026, scheduled for October 26, 2026
- Execution progress and realization on the reported Q2FY27 sales volume of 963,143 tons
- Performance trends in the Nifty Metal sector benchmark
- Cash market delivery percentage and institutional trading participation levels
Other Dated Coverage
- Apl Apollo Tubes Share Price Today: Why APLAPOLLO Is Falling 0.70% | 22 October 2026 — 22 October 2026
- Apl Apollo Tubes Share Price Today: Why APLAPOLLO Is Falling 3.49% | 21 October 2026 — 21 October 2026
- Why APL Apollo Shares Are Rising 2.49% Today | 6 October 2026 — 6 October 2026
More Apl Apollo Tubes news and dated analysis →
Frequently Asked Questions
What is the latest Apl Apollo Tubes company news?
APL Apollo Tubes reported its sales volume for Q2FY27, registering the highest-ever quarterly sales volume of 963,143 tons compared to 855,037 tons in Q2FY26. For H1FY27, total sales volume reached 1,707,966 tons, marking a 4% increase year-on-year. Growth was led by strong performances in the core APL Apollo brand and roofing products.
How strong was Apl Apollo Tubes’s trading volume?
6.88 lakh shares traded, 1.39 times the 20-day average daily volume. The price and volume data are dated 23 October 2026 · 03:00 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.