APL Apollo Tubes Limited
Government Pension Fund Global (Norway) sold 1,15,634 shares of APL Apollo Tubes, trimming its stake from 2.44% to 2.40%.
One of India's leading manufacturers of branded steel products, APL Apollo produces a comprehensive range of MS black pipes, galvanised tubes, pre-galvanised tubes, structural ERW steel tubes, and hollow sections. Operating ten manufacturing facilities across Delhi NCR, the company serves diverse sectors including urban infrastructure, housing, irrigation, solar plants, greenhouses, and engineering applications. Its extensive product portfolio and established manufacturing footprint distinguish it in the Indian steel tubes sector.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.