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Tube Investments of India moves up as its arm acquires 50% stake in Jayem Automotives Tube Investments of India is currently trading at Rs. 2787.75, up by 17.25 points or 0.62% from its previous closing of Rs. 2770.50 on the BSE. The scrip opened at Rs. 2765.40 and has touched a high and low of Rs. 2811.75 and Rs. 2765.40 respectively. So far 1366 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3394.00 on 23-Jun-2023 and a 52 week low of Rs. 2053.50 on 25-Aug-2022. Last one week high and low of t...
Tube Investments of India moves up as its arm acquires 50% stake in Jayem Automotives
Tube Investments of India moves up as its arm acquires 50% stake in Jayem Automotives
Source: Accord Fintech
25/08/2023 10:42:21 AM
Tube Investments of India surges on reporting 15% rise in Q1 consolidated net profit Tube Investments of India is currently trading at Rs. 3078.65, up by 27.25 points or 0.89% from its previous closing of Rs. 3051.40 on the BSE. The scrip opened at Rs. 3094.95 and has touched a high and low of Rs. 3094.95 and Rs. 2982.55 respectively. So far 4601 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3394.00 on 23-Jun-2023 and a 52 week low of Rs. 2035.00 on 24-Aug-2022. Last one week high and low of t...
Tube Investments of India surges on reporting 15% rise in Q1 consolidated net profit
Tube Investments of India surges on reporting 15% rise in Q1 consolidated net profit
Source: Accord Fintech
3/08/2023 3:11:39 PM
Tube Investments of India rises on eyeing to tap huge opportunity for electric tractors Tube Investments of India is currently trading at Rs. 3216.00, up by 74.15 points or 2.36% from its previous closing of Rs. 3141.85 on the BSE. The scrip opened at Rs. 3197.95 and has touched a high and low of Rs. 3233.70 and Rs. 3145.85 respectively. So far 6955 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3394.00 on 23-Jun-2023 and a 52 week low of Rs. 1958.60 on 11-Jul-2022. Last one week high and low of t...
Tube Investments of India rises on eyeing to tap huge opportunity for electric tractors
Tube Investments of India rises on eyeing to tap huge opportunity for electric tractors
Source: Accord Fintech
11/07/2023 3:49:11 PM
Buy Tube Investments of India Limited For Target Rs.3,560 - Motilal Oswal Financial Services Recovery in Engineering business expected in FY24 EV businesses moving from investment to commercialization phase We met with the senior management team of Tube Investments (TIINDIA) to get an update on the company’s core businesses and TI-2 strategy. It expects a good recovery in the Engineering business in terms of revenue and margins. The Metal Formed business is expected to grow 10%, assuming no material recovery in the Railway business. EV businesses are moving from the investme...
Buy Tube Investments of India Limited For Target Rs.3,560 - Motilal Oswal Financial Services
Buy Tube Investments of India Limited For Target Rs.3,560 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
22/06/2023 1:10:01 PM
Tube Investments of India inches up on incorporating subsidiary Tube Investments of India is currently trading at Rs. 2748.40, up by 2.95 points or 0.11% from its previous closing of Rs. 2745.45 on the BSE. The scrip opened at Rs. 2700.10 and has touched a high and low of Rs. 2787.70 and Rs. 2700.10 respectively. So far 966 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3046.25 on 20-Dec-2022 and a 52 week low of Rs. 1458.70 on 20-Jun-2022. Last one week high and low of the...
Tube Investments of India inches up on incorporating subsidiary
Tube Investments of India inches up on incorporating subsidiary
Source: Accord Fintech
15/05/2023 10:19:13 AM
Tube Investments gains on signing SPA with Premji Invest to acquire 100% stake in Lotus Tube Investments of India is currently trading at Rs. 2529.25, up by 34.60 points or 1.39% from its previous closing of Rs. 2494.65 on the BSE. The scrip opened at Rs. 2494.75 and has touched a high and low of Rs. 2546.50 and Rs. 2487.15 respectively. So far 944 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3046.25 on 20-Dec-2022 and a 52 week low of Rs. 1458.70 on 20-Jun-2022. Last one week high and low of th...
Tube Investments gains on signing SPA with Premji Invest to acquire 100% stake in Lotus
Tube Investments gains on signing SPA with Premji Invest to acquire 100% stake in Lotus
Source: Accord Fintech
28/03/2023 2:56:42 PM
Murugappa`s Tube Investments and Premji Invest to acquire Lotus Surgicals Continuing its acquisitive drive, the Murugappa group through its flagship company Tube Investments of India Ltd along with Premji Invest (through PI Opportunities Fund I Scheme II) has decided to acquire Lotus Surgicals Private Ltd. According to Tube Investments, Lotus Surgicals with a turnover of Rs 116 crore is into manufacturing and supply of surgical sutures and other medical devices. Tube Investments and Premji Invest will acquire Lotus Surgicals from India Medical Consumables Hol...
Murugappa`s Tube Investments and Premji Invest to acquire Lotus Surgicals
Murugappa`s Tube Investments and Premji Invest to acquire Lotus Surgicals
Source: IANS
26/03/2023 9:20:14 AM
Murugappa group`s Tube Investments to enter pharma business Conglomerate and acquisitive Murugappa group is entering the pharmaceutical business through its listed Tube Investments of India Ltd at an outlay up to Rs 285 crore. According to Tube Investments, the company has signed an agreement with N.Govindarajan, an experienced industry professional to float a subsidiary. As per the agreement, Tube Investments will invest up to Rs 285 crore in the proposed contract development and manufacturing operations (CDMO) and active pharmaceutical ingredi...
Murugappa group`s Tube Investments to enter pharma business
Murugappa group`s Tube Investments to enter pharma business
Source: IANS
14/03/2023 2:35:52 PM
Tube Investments rises on inking pact to incorporate subsidiary for pursuing CDMO business Tube Investments of India is currently trading at Rs. 2735.00, up by 31.20 points or 1.15% from its previous closing of Rs. 2703.80 on the BSE. The scrip opened at Rs. 2683.00 and has touched a high and low of Rs. 2742.40 and Rs. 2683.00 respectively. So far 2602 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3046.25 on 20-Dec-2022 and a 52 week low of Rs. 1455.15 on 15-Mar-2022. Last one week high and low of t...
Tube Investments rises on inking pact to incorporate subsidiary for pursuing CDMO business
Tube Investments rises on inking pact to incorporate subsidiary for pursuing CDMO business
Source: Accord Fintech
14/03/2023 11:30:20 AM
India explores investment avenues in Argentine, Oz lithium mines With lithium considered as the new oil or IMFL, India as in the case of black gold -- crude oil -- is exploring opportunities for investment in lithium mines in Argentina and Australia, even as government-owned organisations continue their hunt within the country. The Khanij Bidesh India Ltd (KABIL), a joint venture of three central government owned companies -- National Aluminium Company Limited, Hindustan Copper Limited and Mineral Exploration Corporation Limited -- under the Ministry of...
India explores investment avenues in Argentine, Oz lithium mines
India explores investment avenues in Argentine, Oz lithium mines
Source: IANS
25/02/2023 3:12:42 PM
Tube Investments of India moves higher on acquiring equity shares of X2Fuels and Energy Tube Investments of India is currently trading at Rs.2550.00, up by 54.30 points or 2.18% from its previous closing of Rs. 2495.70 on the BSE. The scrip opened at Rs. 2510.90 and has touched a high and low of Rs. 2562.75 and Rs. 2510.90 respectively. So far 1403 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3046.25 on 20-Dec-2022 and a 52 week low of Rs. 1440.00 on 09-Mar-2022. Last one week high and low of th...
Tube Investments of India moves higher on acquiring equity shares of X2Fuels and Energy
Tube Investments of India moves higher on acquiring equity shares of X2Fuels and Energy
Source: Accord Fintech
24/02/2023 10:39:13 AM
Weekly Tech Picks: Larsen & Toubro Ltd,Godrej Consumer Products Ltd,Tube Investments of India Ltd,JK Lakshmi Cement Ltd By Axis Securities Larsen & Toubro Ltd. • L&T on the weekly time frame has decisively broken out above the “cup and handle” pattern as well as “multiple resistance zone” which was placed between 2100-2080 levels. • The breakout is accompanied with an increase in volume confirming participation at breakout level • The weekly “Bollinger band” generated a buy signal as stock closed above the upper Bollinger Band. • The weekly strength indi...
Weekly Tech Picks: Larsen & Toubro Ltd,Godrej Consumer Products Ltd,Tube Investments of India Ltd,JK Lakshmi Cement Ltd By Axis Securities
Weekly Tech Picks: Larsen & Toubro Ltd,Godrej Consumer Products Ltd,Tube Investments of India Ltd,JK Lakshmi Cement Ltd By Axis Securities
Source: Axis Securities Ltd
12/12/2022 1:01:52 PM
Tube Investments of India surges on acquiring 50% stake in X2Fuels and Energy Tube Investments of India is currently trading at Rs. 2685.65, up by 83.40 points or 3.20% from its previous closing of Rs. 2602.25 on the BSE. The scrip opened at Rs. 2634.75 and has touched a high and low of Rs. 2724.90 and Rs. 2602.25 respectively. So far 7560 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2968.00 on 07-Nov-2022 and a 52 week low of Rs. 1440.00 on 09-Mar-2022. Last one week high and low of t...
Tube Investments of India surges on acquiring 50% stake in X2Fuels and Energy
Tube Investments of India surges on acquiring 50% stake in X2Fuels and Energy
Source: Accord Fintech
25/11/2022 11:35:44 AM
Buy Tube Investments of India Limited For Target Rs.3250 - Motilal Oswal Financial Services Earnings above our estimates; cost pass-through and currencyrelated benefits drive margin Commercial launch of EVs in three segments to begin from December 22 * TIINDIA’s 2QFY23 performance was driven by benefit of cost pass-through and currency-related benefits, despite lower revenue. The traction in revenue is expected to continue, led by a recovery in underlying Auto volumes, though exports may be subdued in the near term. Its EV program is on track, with e-3W and e-HCV booking...
Buy Tube Investments of India Limited For Target Rs.3250 - Motilal Oswal Financial Services
Buy Tube Investments of India Limited For Target Rs.3250 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
21/11/2022 10:57:08 AM
Tube Investments of India surges on reporting 20% rise in Q2 consolidated net profit Tube Investments of India is currently trading at Rs. 2895.20, up by 11.10 points or 0.38% from its previous closing of Rs. 2884.10 on the BSE. The scrip opened at Rs. 2895.00 and has touched a high and low of Rs. 2968.00 and Rs. 2888.70 respectively. So far 9563 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2,968.00 on 07-Nov-2022 and a 52 week low of Rs. 1440.00 on 09-Mar-2022. Last one week high and low of ...
Tube Investments of India surges on reporting 20% rise in Q2 consolidated net profit
Tube Investments of India surges on reporting 20% rise in Q2 consolidated net profit
Source: IANS
7/11/2022 2:07:01 PM
Tube Investments of India rises as its arm acquires 65.2% stake in IPLTech Electric Tube Investments of India is currently trading at Rs. 2763.70, up by 31.65 points or 1.16% from its previous closing of Rs. 2732.05 on the BSE. The scrip opened at Rs. 2765.00 and has touched a high and low of Rs. 2771.95 and Rs. 2748.00 respectively. So far 2187 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2823.00 on 12-Sep-2022 and a 52 week low of Rs. 1281.00 on 07-Oct-2021. Last one week high and low of t...
Tube Investments of India rises as its arm acquires 65.2% stake in IPLTech Electric
Tube Investments of India rises as its arm acquires 65.2% stake in IPLTech Electric
Source: Accord Fintech
23/09/2022 10:57:36 AM
Tube Investments of India shines on reporting 71% rise in Q1 consolidated net profit Tube Investments of India is currently trading at Rs. 2214.20, up by 98.80 points or 4.67% from its previous closing of Rs. 2115.40 on the BSE. The scrip opened at Rs. 2130.00 and has touched a high and low of Rs. 2247.00 and Rs. 2127.50 respectively. So far 15009 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2359.95 on 21-Jul-2022 and a 52 week low of Rs. 1118.95 on 04-Aug-2021. Last one week high and low of ...
Tube Investments of India shines on reporting 71% rise in Q1 consolidated net profit
Tube Investments of India shines on reporting 71% rise in Q1 consolidated net profit
Source: Accord Fintech
4/08/2022 12:20:14 PM
Tube Investments Q1 net profit up 38.53% at Rs 134.32 cr The company reported standalone net profit of Rs 134.32 crore for the quarter ended June 30, 2022 as compared to Rs 96.96 crore in the same period last year, registering a year-on-year growth of 38.53 per cent. Net revenue of the company rose substantially by 46.29 per cent at Rs 1,838.44 crore in April-June quarter of this fiscal as against Rs 1,256.74 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 59.49 per cent to Rs 1,753.00 crore f...
Tube Investments Q1 net profit up 38.53% at Rs 134.32 cr
Tube Investments Q1 net profit up 38.53% at Rs 134.32 cr
Source: Dion Global Solutions Ltd
2/08/2022 4:25:28 PM
Buy Tube Investments of India Limited For Target Rs.2,230 - Motilal Oswal Financial Core business exports ramping-up well Plans launches in e-mobility in FY23, forays into new businesses TIINDIA’s FY22 annual report highlights: a) the progress made in the core business, particularly in exports, b) capability improvements in the core business, c) strategy on e-mobility, and d) its plans to foray into Medical Devices and Electronics under its TI-2 strategy. The management’s focus is on deliverance of four metrics – revenue growth (up 106% YoY in FY22), ...
Buy Tube Investments of India Limited For Target Rs.2,230 - Motilal Oswal Financial
Buy Tube Investments of India Limited For Target Rs.2,230 - Motilal Oswal Financial
Source: Motilal Oswal Financial Services Ltd
19/07/2022 11:21:26 AM
Tube Investments of India shines as its arm enters into agreements to acquire 65.2% stake in IPLT Tube Investments of India is currently trading at Rs. 2097.80, up by 87.30 points or 4.34% from its previous closing of Rs. 2010.50 on the BSE. The scrip opened at Rs. 2030.00 and has touched a high and low of Rs. 2118.60 and Rs. 2029.95 respectively. So far 8237 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2,118.60 on 19-Jul-2022 and a 52 week low of Rs. 1064.50 on 20-Jul-2021. Last one week high and low of ...
Tube Investments of India shines as its arm enters into agreements to acquire 65.2% stake in IPLT
Tube Investments of India shines as its arm enters into agreements to acquire 65.2% stake in IPLT
Source: Accord Fintech
19/07/2022 11:03:46 AM
Buy Tube Investments Of India Ltd For Target Rs. 1,900 - Motilal Oswal Reinvesting cash flows for sustained growth Proven management strength amplifies growth drivers | Initiate with BU Tube Investments (TIINDIA) is a flagship company of the Murugappa group. It has a diversified range of products under its three verticals – engineering (57% of S/A FY22 revenue), metal forming products (19%), bicycles (15%) and others (9%). It is the market leader in manufacturing precision steel tubes under engineering vertical with ~60% market share in telescopic fr...
Buy Tube Investments Of India Ltd For Target Rs. 1,900 - Motilal Oswal
Buy Tube Investments Of India Ltd For Target Rs. 1,900 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
25/06/2022 11:06:36 AM
Mid Cap: Buy Tube Investments Of India Ltd For Target Rs.1,746 - Geojit Financial Services Revenue in-line with estimates Tube Investment of India (TII) is a flagship company of Murugappa group. It is one of the leading product manufacture for major industries such as Automotive, Railway, Construction, Mining, etc. Q3FY22 revenue grew by 4.3%QoQ. This was largely driven by double digit growth from the export market and 8%QoQ from CG power and Industrials Despite inflated RM cost, TII margin improved 128bps QoQ owing to superior product mix and cost pass through benefit. ...
Mid Cap: Buy Tube Investments Of India Ltd For Target Rs.1,746 - Geojit Financial Services
Mid Cap: Buy Tube Investments Of India Ltd For Target Rs.1,746 - Geojit Financial Services
Source: Geojit Financial Services Ltd
14/03/2022 3:06:51 PM
Mid Cap - Buy Tube Investment of India Ltd For Target Rs. 1,306 - Geojit Financial Three pillar strategy for future growth... Tube Investment of India (TII) is a flagship company of Murugappa group. It is one of the leading product manufacturers for major industries such as Automotive, Railway, Construction, Mining, etc TIIs strategy to de-risk from the auto sector (Revenue mix of 70%) and concentrate more on industrial segments through acquisitions or inorganic growth, to support long term revenue visibility. * Acquisition of CG Industrial & Power Co, which pr...
Mid Cap - Buy Tube Investment of India Ltd For Target Rs. 1,306 - Geojit Financial
Mid Cap - Buy Tube Investment of India Ltd For Target Rs. 1,306 - Geojit Financial
Source: Geojit Financial Services
16/07/2021 2:28:42 PM