APL Apollo Tubes, a leading manufacturer and exporter of steel pipes and tubes, witnessed a rise in share price on Friday after it has launched new steel door and window frames, to support the low cost housing initiatives of the Modi Government.
The company also launched wielding electrodes and zinc spray under its own brand, to support the fabrications using its steel products.
Shares of the comapny are trading at Rs 375, up Rs 23.6, or 6.72% at the Bombay Stock Exchange (BSE) on Friday at 11:19 a.m.
The scrip has touched an intra-day high of Rs 381.10 and low of Rs 348. The total volume of shares traded at the BSE is 12,389.