23 Jun 2026
Apar Industries signed an MoU with Saudi Aramco unit Luberef to study a transformer oil and white oil plant at Saudi Arabia's Yanbu LubeHub.
The plant would sit beside Luberef's refinery with piped base oil supply, extending Apar's Middle East oils footprint that already includes a UAE unit.
10 Jun 2026
Apar Industries guided to conductor EBITDA of 40,000 rupees per tonne alongside 10 percent volume growth, signalling pricing discipline in its largest business.
The margin target rides India's transmission capex wave and export demand, positioning Apar against peers like KEC and Sterlite as grids expand for renewables.
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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.