Apar Industries rallies 36% in 8 days on strong Q4 results

The management is optimistic to deliver a stronger performance in FY23

Shares of Apar Industries moved higher by 7 per cent to Rs 824.45 on the BSE in Tuesday’s intra-day trade, surging 15 per cent in the past two trading days, as the management remains optimistic on delivering a stronger performance in FY23.

In the past eight trading days, the stock of the electric equipment company has soared 36 per cent after it reported healthy earnings for the quarter ended March 2022 (Q4FY22).

At 02:02 PM, the stock was up 4 per cent at Rs 798 on the BSE. In comparison, the S&P BSE Sensex was down 1.19 per