APL Apollo Tubes gains on HDFC Securities 'buy' rating upgrade

APL Apollo Tubes shares rose as much as 2.15% to 2,144.90 rupees after HDFC Securities upgraded the stock to 'buy' from 'add' and raised its price target to 2,350 rupees. The brokerage cited the company's strong traction in premium pipes and roofing sales in the September quarter following a dip in June.