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 |
|---|---|
| NSE: APARINDS | |
| Industry | Electrical and Industrial Products |
| Founded | 1958 |
| Founder | Dharmsinh D. Desai |
Key people | Kushal N. Desai (Chairman and Managing Director) |
| Products | Conductors, Specialty Oils, Cables, Lubricants |
| Revenue | ₹14,872.41 crore (FY 2023) |
| Website | www |
Apar Industries Ltd. is an Indian multinational company that manufactures a wide range of electrical and industrial products. Founded in 1958, Apar has grown into a key player in the power transmission, distribution, and automotive sectors.[1]
History
[edit]Apar Industries was founded in 1958 by Dharmsinh D. Desai. Initially starting as a small enterprise, the company expanded into several product categories, including conductors, specialty oils, and cables.[2]
Products and Services
[edit]Apar Industries provides a diverse range of products that serve industries worldwide: Conductors: The company is one of the largest manufacturers of conductors used in power transmission and distribution networks. Specialty Oils: Apar is a leading supplier of transformer oils and other industrial lubricants. Cables: Apar manufactures power cables and telecom cables for a variety of industries. Lubricants: The company produces lubricants for both automotive and industrial applications.[3]
Financial Performance
[edit]For the financial year 2023, Apar Industries reported revenues of ₹14,872.41 crore, driven by its global expansion and diversified product portfolio.[4]
Stock Market Performance
[edit]In 2023, Apar Industries’ stock price saw a significant increase, rising from ₹1,800 to ₹5,700 within nine months.[5] This surge was attributed to the company’s strong financial performance and growing market presence.
References
[edit]- ^ "Apar Industries: Premiumisation, Exports to Propel Strong Growth". BQ Prime. 2023-06-30.
- ^ "Apar Industries H1 FY2023-24 Result Highlights". Equitymaster. 2023-08-10.
- ^ "Apar Introduces Premium Transformer Oil". Cable Community. 2023-07-12.
- ^ "Apar Industries Reports Record Revenue Growth in FY23". Business World. 2023-07-31.
- ^ "Apar Industries Share Price: Multibagger Returns in 2023". Business Today. 2023-08-07.
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