Draft:Apar Industries
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
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
- 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
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
- 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
- ^ 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".