Apar Industries Ltd., a multi-bagger stock, has rallied over 2,000% in the last five years. Even as the scrip has delivered a negative return of 23% on a year-to-date basis, the five-year return of the stock stands at 2,280%.
The analyst's take on the counter is upbeat, as four out of seven analysts tracking the stock have a 'buy' call. Two others have a 'hold' rating, whereas one recommends a 'sell', according to Bloomberg data.
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Analysts at Nomura and Nuvama, among others, have a 'buy' rating on the stock, while Mirae Asset Securities and Nirmal Bang Institutional Equities have a 'hold' rating for the counter. The target price for the stock is set at Rs 8,264, implying a 5.3% potential upside.
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Apar Industries Share Price In The Last Five Years
The scrip had slipped to a low of Rs 282 in December 2020 before it saw a steady climb. The share price then rose to Rs 11,666 in December 2023, marking the high point in the five-year period.
The share price saw a slip after the high, especially in January 2025. This was following the disappointing third quarter results, which had pulled the stock down to a seven-month low.
Shares of Apar Industries saw a sharp decline of over 19% on Jan. 28, after the company reported disappointing earnings for the third quarter of the financial year 2024-25.
During that quarter, it posted a 19.6% drop in net profit, which fell to Rs 175 crore compared to Rs 218 crore in the same quarter last year. However, the company reported a rise in revenue, which increased by 17.7% to Rs 4,716 crore from Rs 4,009 crore in the previous year.
Apar Industries also saw a decline in Ebitda, which fell by 12.1% to Rs 356 crore, and the margin saw a contraction, which stood at 7.6%.
Apar Industries Share Price In The Last Year
Apar Industries: Buy, Sell Or Hold?
In an earlier conversation with NDTV Profit, Mahesh Ojha from Hensex Securities noted that investors should enter at their own risk.
Ojha has a 'hold' rating, expecting that the shares could reach Rs 8,500 to Rs 9,000 levels in the near term. He also added that the fundamentals look good for the stock.
Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.
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