Draft:Apar Industries
Submission declined on 12 September 2024 by DoubleGrazing (talk).
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Comment: See also Draft:Apar industries. -- DoubleGrazing (talk) 14:52, 12 September 2024 (UTC)
| Company type | Public |
|---|---|
| Industry | Electrical equipment |
| Founded | 1958 |
| Products | Electrical cables and conductors, Transformer oils, Polymer products |
| Revenue | ₹4,013.16 crore (December 2023) |
| Website | Official Website |
Apar Industries Limited is an Indian multinational corporation headquartered in Mumbai, Maharashtra. The company is involved in the manufacturing of electrical cables and conductors, transformer oils, and polymer products.
History
[edit]Founded in 1958, Apar Industries has developed into a major player in the Indian capital goods sector. The company's early focus was on electrical conductors and has since expanded its product portfolio and market presence.[1][2][3]
Products and Services
[edit]- Electrical Cables and Conductors: Apar Industries manufactures a range of cables and conductors used for power transmission and distribution.[4]
- Transformer Oils: The company produces transformer oils essential for cooling and insulating electrical transformers.[5]
- Polymer Products: Apar Industries also manufactures polymer products used in various industrial applications.[5]
Financial Performance
[edit]Apar Industries has demonstrated substantial financial growth. As of December 2023, the company reported consolidated net sales of ₹4,013.16 crore, reflecting a 1.8% increase from the previous year.[6]
Recent Developments
[edit]- Qualified Institutional Placement (QIP): In August 2023, Apar Industries launched a QIP to raise ₹1,000 crore to enhance its capital base and support expansion plans.[7]
- Stock Performance: The company's share price saw a significant rise from ₹3 to ₹5,700 between late 2023 and early 2024, highlighting its strong market performance.[1][2][3]
References
[edit]- ^ a b "Live Hindustan - Stock Performance".
- ^ a b "'या' कंपनीने केले मालामाल; 9 महिन्यात 1800 वरुन 5700 वर गेला शेअर". Lokmat. September 26, 2023.
- ^ a b "These five Nifty 500 stocks have gained up to 186% so far in 2023; here is what analysts suggest". Zee Business. September 6, 2023.
- ^ "Does APAR Industries (NSE:APARINDS) Have A Healthy Balance Sheet?". simplywall.st. August 21, 2023.
- ^ a b "MintGenie - Transformer Oils".
- ^ "MoneyControl - Financial Performance".
- ^ "MoneyControl - QIP".
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