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APL Apollo

Full company profile

uuid0004qce

Namestring
APL Apollo
Legal namestring
APL Apollo Tubes Limited
Websiteurl
aplapollo.com
Company typeenum
Public
Founded yearint
1986
Descriptiontext

APL Apollo Tubes Limited, founded in 1986 and headquartered in Ghaziabad, India, is the country's largest structural steel tubes and pipes manufacturer, with an estimated ~55% share of the Indian steel tubes market. It operates 11 manufacturing facilities with 4.5 million tonnes of installed capacity (planned to reach 8 million tonnes by FY28) and FY26 sales of Rs 22,383.62 crore across branded sub-lines including ApolloGalv, ApolloRoofing, ApolloStructural, ApolloColumn, ApolloReflector, ApolloFence, and ApolloInnovatione. The company leverages Direct Forming Technology (DFT) and Electric Resistance Welding (ERW) to produce custom-sized structural tubes without roll changes, enabling cost and lead-time advantages over traditional methods.

The company makes money primarily by manufacturing and selling steel tubes, pipes, and related building products (roofing, fencing, GI products, and pre-engineered building components) to B2B and B2C customers. Revenue is generated through per-unit quotations on bulk orders, distributed via an extensive pan-India dealer and distributor network supplemented by direct sales to large enterprise and government infrastructure accounts. Customer segments are broad and horizontal: infrastructure and construction (airports, stadiums, convention centers, bridges, high-rise), residential and agricultural applications, and industrial users.

The business is supported by marquee reference projects (Bharat Mandapam, Narendra Modi Stadium, Yashobhoomi, Noida International Airport, Tirupati Railway Station, Kempegowda International Airport), an MoU with IIT Roorkee for joint research, an MoU with Zamil Steel Buildings for PEB collaboration, six design patents on innovative products, and ongoing brand investment through celebrity endorsements and sports sponsorships. APL Apollo maintains a net cash balance sheet with negative working capital, and is publicly listed on NSE (APLAPOLLO) and BSE (533758) under the leadership of Chairman and Managing Director Sanjay Gupta.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersGhaziabad, India
HQ citystring
Ghaziabad
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
structural steel tubes, steel pipe manufacturing, pre-engineered buildings, galvanized iron products, construction steel solutions
Industry1 code
1Bridge & Infrastructure Steel Components
CodeIMADACALPrimaryYes
NAICS code1 code
  • Agriculture, Construction, and Mining Machinery Manufacturing3331
SIC code1 code
  • Steel Pipe & Tubes3317
Product category
Structural Steel Tubes Manufacturing
Social media profiles2 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Steel Tubes and Pipes Sales
TypeOne Time License
Description

APL Apollo generates revenue primarily from manufacturing and selling structural steel tubes, pipes, and related products including structural tubes, galvanized iron products, roofing solutions, fencing solutions, and pre-engineered building components. The company operates in B2B and B2C segments targeting construction, infrastructure, agriculture, and industrial sectors.

business-standard.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Pricing details1 tier
1B2B direct sales and distributor network pricing
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Prices determined through quotations for bulk orders; distributor and dealer network handles retail customers.

aplapollo.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 10 records shown
1ApolloGalv
Description

Range of Galvanized Iron (GI) products suitable for industrial and agricultural usage, including round, square, rectangular GI tubes and ERW steel tubes for structural applications in humid regions

aplapollo.com
+9 more records
Core offering1 text field

APL Apollo is India's largest structural steel tubes and pipes manufacturer, producing a wide range of structural tubes, galvanized iron products, roofing solutions, fencing solutions, and pre-engineered building components. The company operates 11 manufacturing facilities with 4.5 million tonnes installed capacity (expanding to 8 million tonnes by FY28), serving infrastructure, construction, agriculture, and industrial sectors.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • Construction time reduction of up to 95%
+4 more records
Scale indicator10 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierMinorTypeOthersAnnounced on2026-06-27
Description

Sale of wholly owned subsidiary Blue Ocean Projects Private Limited (BOPPL) to SG Realtor Private Limited for Rs 160 crore. Transaction approved by Board on June 27, 2026, expected to close by December 31, 2026. SG Realtor is a related party as APL Apollo promoters hold more than 20% equity in the buyer.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-06-06
Description

APL Apollo featured as a brand partner in Digikore Studios' 'Kaise Banta Hai' Season 3 documentary-style series showcasing manufacturing processes. The show streams on JioHotstar and features 11 episodes.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Landmark MoU signed in November 2019 for collaboration in joint research, training, and product development between APL Apollo and IIT Roorkee.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

MoU signed for collaboration in Pre-Engineered Buildings (PEB) segment, combining APL Apollo's steel tube manufacturing with Zamil Steel's building expertise.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1Maharashtra Seamless
TypeDirect peer
Description

Maharashtra Seamless is a leading manufacturer of seamless and ERW steel pipes and tubes in India, serving oil and gas, power, and construction sectors. It is a direct peer in the Indian steel tubes market with similar product technology and customer base.

TypeBroad incumbent
Description

Tata Steel is India's largest private-sector steel producer and offers steel tubes and structural products as part of a broad steel portfolio. While not specialized like APL Apollo, Tata Steel competes for large infrastructure project orders and downstream value-added steel products.

TypeDirect peer
Description

Ratnamani Metals & Tubes manufactures stainless steel and carbon steel pipes and tubes for industrial applications including construction and infrastructure. It is a direct peer in the Indian steel tubes market with comparable product categories.

TypeDirect peer
Description

Surya Roshni is one of India's largest steel pipe and tube manufacturers with a strong domestic distribution network, directly comparable to APL Apollo in structural steel tubes for construction and agriculture. Both companies compete in ERW steel tubes, GI pipes, and structural sections serving Indian infrastructure and residential markets.

TypeBroad incumbent
Description

JSW Steel is a leading Indian steel manufacturer with a broad product mix including value-added steel products for construction. As a broad incumbent, JSW competes for infrastructure and construction steel demand that overlaps with APL Apollo's core market.

TypeBroad incumbent
Description

SAIL is India's largest state-owned steel producer with extensive structural steel products for construction and infrastructure. As a broad incumbent, SAIL competes with APL Apollo in supplying government infrastructure and public sector construction projects.

TypeEmerging player
Description

Pennar Industries manufactures engineered products for infrastructure, including steel structures and pre-engineered buildings. It is an emerging player with partial overlap to APL Apollo's Apollo Innovatione PEB and structural steel offerings.

TypeEmerging player
Description

Everest Industries is an Indian building products company offering roofing, wall, and pre-engineered building solutions. It is an emerging player in the construction solutions space adjacent to APL Apollo's Apollo Roofing and Apollo Innovatione product lines.

TypeDirect peer
Description

Welspun Corp is a major Indian manufacturer of steel pipes and tubes serving infrastructure, water, and oil and gas sectors. It is directly comparable to APL Apollo in steel pipe manufacturing capabilities, although with more export and line-pipe orientation.

TypeBroad incumbent
Description

Jindal Steel and Power is a large Indian steel and mining conglomerate with a broad portfolio including structural steel products for construction. As a broad incumbent, it competes with APL Apollo for large infrastructure and construction orders.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers6 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles7 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors3 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment2 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

APL Apollo

Structural Steel Tubes Manufacturingaplapollo.com

What APL Apollo does

APL Apollo Tubes Limited, founded in 1986 and headquartered in Ghaziabad, India, is the country's largest structural steel tubes and pipes manufacturer, with an estimated ~55% share of the Indian steel tubes market. It operates 11 manufacturing facilities with 4.5 million tonnes of installed capacity (planned to reach 8 million tonnes by FY28) and FY26 sales of Rs 22,383.62 crore across branded sub-lines including ApolloGalv, ApolloRoofing, ApolloStructural, ApolloColumn, ApolloReflector, ApolloFence, and ApolloInnovatione. The company leverages Direct Forming Technology (DFT) and Electric Resistance Welding (ERW) to produce custom-sized structural tubes without roll changes, enabling cost and lead-time advantages over traditional methods.

The company makes money primarily by manufacturing and selling steel tubes, pipes, and related building products (roofing, fencing, GI products, and pre-engineered building components) to B2B and B2C customers. Revenue is generated through per-unit quotations on bulk orders, distributed via an extensive pan-India dealer and distributor network supplemented by direct sales to large enterprise and government infrastructure accounts. Customer segments are broad and horizontal: infrastructure and construction (airports, stadiums, convention centers, bridges, high-rise), residential and agricultural applications, and industrial users.

The business is supported by marquee reference projects (Bharat Mandapam, Narendra Modi Stadium, Yashobhoomi, Noida International Airport, Tirupati Railway Station, Kempegowda International Airport), an MoU with IIT Roorkee for joint research, an MoU with Zamil Steel Buildings for PEB collaboration, six design patents on innovative products, and ongoing brand investment through celebrity endorsements and sports sponsorships. APL Apollo maintains a net cash balance sheet with negative working capital, and is publicly listed on NSE (APLAPOLLO) and BSE (533758) under the leadership of Chairman and Managing Director Sanjay Gupta.

APL Apollo firmographics

Firmographics
Name
APL Apollo
Legal name
APL Apollo Tubes Limited
Website
https://aplapollo.com
Company type
Public
Founded year
1986
Operating status
Operating
Headcount range
1,001–5,000 employees
Ownership category
akta.pro rank

APL Apollo industry classification

Industry
Product category
Structural Steel Tubes Manufacturing
NAICS
Agriculture, Construction, and Mining Machinery Manufacturing (3331)
SIC
Steel Pipe & Tubes (3317)
akta.pro primary industry
Bridge & Infrastructure Steel Components (IMADACAL)

Keywords

  • Structural steel tubes
  • Steel pipe manufacturing
  • Pre-engineered buildings
  • Galvanized iron products
  • Construction steel solutions

Where APL Apollo is headquartered

Location

Headquarters

HQ city
Ghaziabad
HQ country
India
HQ region
Asia

Offices1 record

Markets served

APL Apollo business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

  1. Steel Tubes and Pipes Sales: APL Apollo generates revenue primarily from manufacturing and selling structural steel tubes, pipes, and related products including structural tubes, galvanized iron products, roofing solutions, fencing solutions, and pre-engineered building components. The company operates in B2B and B2C segments targeting construction, infrastructure, agriculture, and industrial sectors.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goB2B direct sales and distributor network pricing

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

APL Apollo product offering

Product offering

Core offering

APL Apollo is India's largest structural steel tubes and pipes manufacturer, producing a wide range of structural tubes, galvanized iron products, roofing solutions, fencing solutions, and pre-engineered building components. The company operates 11 manufacturing facilities with 4.5 million tonnes installed capacity (expanding to 8 million tonnes by FY28), serving infrastructure, construction, agriculture, and industrial sectors.

Differentiator

Problem solved

Functional benefit

Brands

  • ApolloGalv: Range of Galvanized Iron (GI) products suitable for industrial and agricultural usage, including round, square, rectangular GI tubes and ERW steel tubes for structural applications in humid regions
  • ApolloRoofing
  • ApolloForma
  • ApolloInnovatione
  • ApolloStructural
  • ApolloExclusive
  • ApolloStandard
  • ApolloColumn
  • ApolloReflector
  • ApolloFence

Quantifiable outcome

  • Construction time reduction of up to 95%
  • +4 more outcomes

Companies that use APL Apollo

Customer profile

Named customers6 records

Segments2 records

Ideal customer profiles3 records

APL Apollo technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

APL Apollo partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered minor and core.

  • SG Realtor Private LimitedminorOthers · 27 June 2026Sale of wholly owned subsidiary Blue Ocean Projects Private Limited (BOPPL) to SG Realtor Private Limited for Rs 160 crore. Transaction approved by Board on June 27, 2026, expected to close by December 31, 2026. SG Realtor is a related party as APL Apollo promoters hold more than 20% equity in the buyer.
  • Digikore StudiosminorStrategic or Co-development Partner · 6 June 2026APL Apollo featured as a brand partner in Digikore Studios' 'Kaise Banta Hai' Season 3 documentary-style series showcasing manufacturing processes. The show streams on JioHotstar and features 11 episodes.
  • IIT RoorkeecoreStrategic or Co-development PartnerLandmark MoU signed in November 2019 for collaboration in joint research, training, and product development between APL Apollo and IIT Roorkee.
  • Zamil Steel Buildings IndiacoreStrategic or Co-development PartnerMoU signed for collaboration in Pre-Engineered Buildings (PEB) segment, combining APL Apollo's steel tube manufacturing with Zamil Steel's building expertise.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

APL Apollo competitors and assessment

Company assessment

Direct peers

  • Maharashtra Seamless: Maharashtra Seamless is a leading manufacturer of seamless and ERW steel pipes and tubes in India, serving oil and gas, power, and construction sectors. It is a direct peer in the Indian steel tubes market with similar product technology and customer base.
  • Ratnamani Metals & Tubes: Ratnamani Metals & Tubes manufactures stainless steel and carbon steel pipes and tubes for industrial applications including construction and infrastructure. It is a direct peer in the Indian steel tubes market with comparable product categories.
  • Surya Roshni: Surya Roshni is one of India's largest steel pipe and tube manufacturers with a strong domestic distribution network, directly comparable to APL Apollo in structural steel tubes for construction and agriculture. Both companies compete in ERW steel tubes, GI pipes, and structural sections serving Indian infrastructure and residential markets.
  • Welspun Corp: Welspun Corp is a major Indian manufacturer of steel pipes and tubes serving infrastructure, water, and oil and gas sectors. It is directly comparable to APL Apollo in steel pipe manufacturing capabilities, although with more export and line-pipe orientation.

Broad incumbents

  • Tata Steel: Tata Steel is India's largest private-sector steel producer and offers steel tubes and structural products as part of a broad steel portfolio. While not specialized like APL Apollo, Tata Steel competes for large infrastructure project orders and downstream value-added steel products.
  • JSW Steel: JSW Steel is a leading Indian steel manufacturer with a broad product mix including value-added steel products for construction. As a broad incumbent, JSW competes for infrastructure and construction steel demand that overlaps with APL Apollo's core market.
  • Steel Authority of India Limited (SAIL): SAIL is India's largest state-owned steel producer with extensive structural steel products for construction and infrastructure. As a broad incumbent, SAIL competes with APL Apollo in supplying government infrastructure and public sector construction projects.
  • Jindal Steel and Power: Jindal Steel and Power is a large Indian steel and mining conglomerate with a broad portfolio including structural steel products for construction. As a broad incumbent, it competes with APL Apollo for large infrastructure and construction orders.

Emerging players

  • Pennar Industries: Pennar Industries manufactures engineered products for infrastructure, including steel structures and pre-engineered buildings. It is an emerging player with partial overlap to APL Apollo's Apollo Innovatione PEB and structural steel offerings.
  • Everest Industries: Everest Industries is an Indian building products company offering roofing, wall, and pre-engineered building solutions. It is an emerging player in the construction solutions space adjacent to APL Apollo's Apollo Roofing and Apollo Innovatione product lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

APL Apollo social profiles

Digital presence

APL Apollo financial estimates

Financial estimate

Revenue estimate

Valuation estimate

APL Apollo leadership team

Management profile

Number of profiles

Profiles7 records

APL Apollo subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

APL Apollo funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

APL Apollo M&A and investment

M&A and investment

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about APL Apollo

What does APL Apollo do?

APL Apollo is India's largest structural steel tubes and pipes manufacturer, producing a wide range of structural tubes, galvanized iron products, roofing solutions, fencing solutions, and pre-engineered building components. The company operates 11 manufacturing facilities with 4.5 million tonnes installed capacity (expanding to 8 million tonnes by FY28), serving infrastructure, construction, agriculture, and industrial sectors.

Is APL Apollo a public or private company?

APL Apollo is a public company. It is classified as public and is currently operating.

When was APL Apollo founded?

APL Apollo was founded in 1986. It employs 1,001 to 5,000 people.

Where is APL Apollo based?

APL Apollo is headquartered in Ghaziabad, India, in the Asia region.

How does APL Apollo make money?

One revenue line is on record: steel Tubes and Pipes Sales.

Who are APL Apollo's main competitors?

Direct peers on record are Maharashtra Seamless, Ratnamani Metals & Tubes, Surya Roshni and Welspun Corp. Broad incumbents are Tata Steel, JSW Steel, Steel Authority of India Limited (SAIL) and Jindal Steel and Power. Emerging players are Pennar Industries and Everest Industries.

Does APL Apollo have an API?

No public API is recorded for APL Apollo.

What industry is APL Apollo in?

APL Apollo's product category is Structural Steel Tubes Manufacturing. Its primary akta.pro industry code is IMADACAL, Bridge & Infrastructure Steel Components. Its NAICS code is 3331 and its SIC code is 3317.

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Live signals
BusinessLineTech Query: APL Apollo Tubes, Castrol India, Great Eastern Shipping Company (G E Shipping), Agarwal Industrial Corporation - What is the outlook? Where are these stocks headed?Technical analysis of four stocks: APL Apollo Tubes, Castrol India, Great Eastern Shipping, and Agarwal Industrial Corporation. APL Apollo Tubes faces a short-term fall to ₹1,850-₹1,830 before a potential rise to ₹2,300. Castrol India has positive support at ₹165-₹160 with a target of ₹400. Great Eastern Shipping is advised to stay out, while Agarwal Industrial Corporation is recommended to exit due to a strong downtrend.ScanXAPL Apollo Tubes Q2FY27 Results: Sales volume rises 13% YoY to record 963,143 tonsAPL Apollo Tubes reported a record Q2FY27 sales volume of 963,143 tons, up 13% year-over-year and 29% quarter-over-quarter. H1FY27 volume grew 4% to 1,707,966 tons, below the 15-20% annual target. The company must sustain growth in H2FY27 to meet its target.NDTV ProfitAPL Apollo Tubes Raises Product Prices; Further Hike From October 1APL Apollo Tubes raised prices of mild steel and galvanised products by Rs 1,000 per tonne, with a further Rs 1,500 increase from October 1, totaling Rs 2,500 per tonne. The blended hike is around 3-5% across key geographies, and the impact on margins will be closely watched.ScanXAPL Apollo approves ₹8.50 dividend, rejects SAR scheme extensionAPL Apollo Tubes shareholders approved a final dividend of ₹8.50 per share for FY26 at its AGM on September 15, 2026. Nine of ten resolutions passed, but the SAR scheme extension to associates failed at 72.26% due to institutional investor opposition. Voting participation was 86.47% of outstanding shares.Business StandardAPL Apollo Tubes incorporates SG Enterprise Soln to provide shared corporate servicesAPL Apollo Tubes incorporated SG Enterprise Solutions to provide shared corporate services, investing Rs 1 lakh for a 20% stake. The company reported a 10.9% rise in net profit to Rs 263.1 crore and revenue of Rs 5,606.7 crore in Q1 FY27, though sales volume fell 6% to 744,823 tons.ET NOWRs 29.74 Dividend Payout: APL Apollo Tubes, KDDL, Globus Spirits and other stocks turn ex-date today | Check full listEleven stocks turn ex-dividend on September 8, with dividends ranging from Rs 0.01 to Rs 8.50 per share. APL Apollo Tubes leads at Rs 8.50, followed by KDDL at Rs 8 and Globus Spirits at Rs 6.53, totaling Rs 29.74 per share across the companies.CNBCTV18Nuvama favours Venus Pipes, Welspun Corp, APL Apollo as pipe demand recovery nears - CNBC TV18Nuvama Institutional Equities is positive on Venus Pipes, Welspun Corp, and APL Apollo, citing capacity expansion and demand recovery. Venus Pipes' exports rose from under 5% in 2022 to about 30%, and Welspun Corp secured a ₹17,200-crore US oil and gas order. The brokerage expects domestic demand to recover after a slowdown.Business TodayAPL Apollo Tubes, KDDL, Globus Spirits among 11 stocks to turn ex dividend tomorrowAPL Apollo Tubes, KDDL, and Globus Spirits are among 11 stocks turning ex-dividend on September 8. APL Apollo Tubes announced a final dividend of Rs 8.50 per share, KDDL Rs 8, and Globus Spirits Rs 6.53, with payments on October 15.The Times of IndiaStocks to buy: What's the outlook for Nifty for September 7-September 11 week? Check list of top stock recommendationsSBI Securities analyst Sudeep Shah recommends APL Apollo Tubes and CMPDI as top stocks to buy for the week of September 7-11, 2026. He gives a bearish outlook for Nifty, citing geopolitical tensions and rising bond yields, with support at 23750-23700. Bank Nifty is expected to break out of its narrow range.MintBreakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today —7 September 2026Sumeet Bagadia recommends five stocks to buy on 7 September: TCPL Packaging, Innova Captab, Greenply Industries, Global Health, and Apl Apollo Tubes. He sets targets and stop-losses for each, citing technical levels and momentum indicators. The broader market remains cautious with Nifty and Bank Nifty trading below key moving averages.