Steel Tube maker company APL Apollo tube reported highest sales volume of 6.02 lakh tonnes in Q2FY23

The growth is up to 41% year on year and growing 42% sequentially

For the financial year 2023 first half, the sales volume was 10.25 lakh tones

In same period last year it was 8 lakh tonnes

Because of ramp up in new Raipur plant, company believes sales volume would get further boost.

On 3rdOct, with the positive news Apollo tubes share was trading at the level of 1071,

With the news impact today share is trading 3.2% above from previous close

Research firm warns, 98% chance of a global recession