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Apar Industries hits new high; zooms 98% in 6 months on positive outlook

In the past one year, the stock has skyrocketed 145 per cent, as against a marginal 0.24 per cent rise in the S&P BSE Sensex

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SI Reporter Mumbai
Shares of Apar Industries hit a new high of Rs 1,864 as they rallied 5 per cent on the BSE in Thursday's intra-day trade, in an otherwise a weak market, on positive outlook. At 12:27 PM, it was trading 4 per cent higher at Rs 1,835, as compared to 0.55 per cent decline in the S&P BSE Sensex.

In the past six months, stock of the world's largest conductor manufacturer, third largest transformer oil manufacturer, and India's largest renewable cables manufacturer has zoomed 98 per cent. In comparison, the S&P BSE Sensex has gained 14 per cent. Further, in