A total of 799 shares changed hands on the counter till time (IST).

Tube Investments shares up 0.62% as Nifty gains

Motilal Oswal is bullish on Tube Investments of India recommended buy rating on the stock with a target price of Rs 3644 in its research report dated August 04, 2023.

Buy Tube Investments of India; target of Rs 3655: Motilal Oswal

TI-1 revenue to grow ~15% YoY over the next few years.

Tube Investments of India Q1 Results Review - Operationally Weak, Led By Lower Revenue Growth: Motilal Oswal

Tube Investments of India Ltd. (TII) standalone net profit for the June quarter rose 10% from the year-earlier period to ₹148 crore.

Tube Investments Q1 net rises 10% to ₹148 cr.

TICMPL, a subsidiary of Tube Investments of India, has incorporated a wholly owned subsidiary, Tivolt Electric Vehicles Pvt. Ltd., to broaden its product and business portfolio in the electric vehicle sector. The new subsidiary will enable TICMPL to make small electric commercial vehicles (e-SCV). T…

TI Clean Mobility floats arm to make small e-CVs

Domestic cyclicals, internet stocks drive earnings upgrades; defensive sectors, commodities see downgrades. Bank of Baroda, Varun Beverages, Tube Investments, Zomato, ABB, Canara Bank, Trent, Coal India, Bajaj Finserv, M&M, GIC, PB Fintech, Union Bank, Indian Hotels, Bank of India, Apar Industries, …

ICICI Securities: Bulk PAT downgrades led by metals, Reliance, telecom, healthcare, and IT

On the technical charts, the RSI of the stock stood at 57.22.

Tube Investments shares drop 1.64% as Sensex rises

TI Clean Mobility Pvt. Ltd., a subsidiary of Tube Investments India Ltd. (TII), has started setting up production facilities for the manufacture of electric tractors for agriculture segment in Chennai and electric trucks for commercial segment at Manesar, said its executive chairman M.A.M Arunachala…

TII starts building factories for e-tractors, e-trucks in Chennai, Manesar

TI Clean Mobility (TICMPL) is planning to launch at least three electric tractors during this fiscal as the electric vehicle arm of Murugappa Group’s engineering company Tube Investments of India (TII) believes that the tractor segment is ripe for disruption due to favourable cost economics in batte…

Murugappa Group’s EV arm to launch 3 electric tractors this fiscal

Jindal Steel & Power, Punjab National Bank, IDBI Bank, Canara Bank, TVS Motor Co, Tube Investments and Mankind Pharma have entered into the large cap category from midcap

Mankind, TVS, IDBI becomes largecaps; Nykaa, JSW Energy, Page Industries down to midcap bracket

Tube said that TICMPL will establish a new subsidiary company dedicated to the commercialization of small commercial electric vehicles (EVs).

Tube Investments gains 1% on entering small commercial EV segment

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Tube Investments of India Limited is an India-based mobility focused manufacturing company