APAR Industries Hits Fresh Record High on Saudi Aramco Deal

$APARINDS continues its stellar 2026 run, with the stock surging 3.49% on 23 June 2026 to touch a fresh all-time high of ₹16,736 after a significant international business win. The rally was triggered by its subsidiary, APAR Industries Middle East, KSA, signing an agreement with Saudi Aramco Base Oil Company to supply base oils within the lubeHub Value Park in Yanbu. The development strengthens APAR’s presence in the Middle East lubricants ecosystem and reinforces its global growth strategy. Investors have rewarded the stock handsomely, with APAR delivering a remarkable 100% return in calendar year 2026, while its market capitalization has also doubled. The latest contract underscores the company's expanding international footprint and long-term earnings potential. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.