APL Apollo Tubes, a leading manufacturer and exporter of steel pipes and tubes, has launched new steel door and window frames, to support the low cost housing initiatives of the Modi Government.

Sanjay Gupta, executive chairman of the company, said, ''Prime Minister Narendra Modi has pledged to provide low cost housing to all. We are contributing our bit by developing economical and greener steel products.''

The company also launched wielding electrodes and zinc spray under its own brand, to support the fabrications using its steel products.

Shares of the company gained Rs 23.6, or 6.72%, to trade at Rs 375. The total volume of shares traded was 12,389 at the BSE (11.28 a.m., Friday).