HDFC Life Insurance decreased its stake in APL Apollo Tubes from 1.11% to 1.09%, selling 80,580 shares. The value of the shares sold is approximately ₹16.63 crore, calculated at a share price of ₹2064.30.
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.
HDFC Life Insurance Company Limited, institutional investor in Indian equities
