Tube Investments of India Ltd (TIINDIA)
₹3955.4
Analyst Rating
based on 6 analysts
50.00%
Buy
16.67%
Hold
33.33%
Sell
Based on 6 analysts offering long term price targets for Tube Investments of India Ltd. An average target of ₹3944.17
Source: S&P Global Market Intelligence
Tube Investments of India Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹3,941₹4,06052 Week's Low
52 Week's High
₹2,758₹4,681.7
| Returns % | |
| 1 Month Return | -6.4 % |
| 3 Month Return | + 11.26 % |
| 1 Year Return | + 26.44 % |
| Market Stats | |
| Previous Close | ₹4,013.60 |
| Open | ₹4,027.00 |
| Volume | 2.08L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹77,629.40Cr |
Key Statistics
| P/E Ratio | 64.67 |
| PEG Ratio | 5.06 |
| Market Cap | ₹77,629.40 Cr |
| P/B Ratio | 18.17 |
| EPS | 16.67 |
Peer Comparison
Company Information
In the automotive components sector, TII manufactures and supplies a variety of products, such as transmission and axle components, engine components, and exhaust systems. In the cycles sector, TII manufactures and sells a variety of cycles and accessories, such as mountain bikes, road bikes, BMX bikes, and hybrid bikes. In the engineering sector, TII manufactures and supplies a variety of products, such as forgings, castings, and machined components. Finally, in the metal forming sector, TII manufactures and supplies a variety of products, such as tubes and pipes, cold rolled strips, and ERW tubes.
TII's top products include automotive components, cycles, engineering components, and metal forming products. Its popular brands include BSA, Hercules, Montra, Mach City, and TI Cycles.
Share Price: ₹3955.40 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹77,629.40Cr as of today
Revenue: ₹4,345.00Cr as on March 2024 (Q1 24)
Net Profit: ₹271.31Cr as on March 2024 (Q1 24)
Listing date: 02 Nov, 2017
Chairperson Name: M A M Arunachalam
| Organisation | Tube Investments of India Ltd |
| Headquarters | |
| Industry | Steel |
| E-voting on shares | Click here to vote |
Key events for Tube Investments of India Ltd
Tube Investments Announces Final Dividend - 23 Jul, 2024
Tube Investments of India has announced a final dividend of Rs 1.50 per share with an ex-date of July 23.
Tube Investments Plans Electric Vehicle Launches; Ex-Dividend Trading Set - 20 Jul, 2024
Tube Investments of India's subsidiary, TI Clean Mobility Pvt. Ltd, has raised ₹3,000 crore to support its diverse electric vehicle ventures, including the launch of electric cargo and e-rickshaw variants and e-bikes in FY25. Meanwhile, Tube Investments of India will trade ex-dividend on July 23, 2024.
Motilal Oswal Recommends Buy on Tube Investments of India Ltd. - 15 Jul, 2024
Motilal Oswal has recommended a buy call on Tube Investments of India Ltd. with a target price of Rs 4830, citing the company's strong financial performance and market position in the consumer durables sector. For Q4 2023, the company reported a consolidated total income of Rs 4573.48 crore and net profit after tax of Rs 271.46 crore. Promoters hold 45.1% stake in the company as of March 31, 2024, while FIIs own 28.33% and DIIs own 14.8%.
Tube Investments of India Reports Decrease in Net Income for FY 2024 - 12 Jul, 2024
Tube Investments of India reported a decrease in net income by 16% from FY 2023, with profit margin also decreasing due to higher expenses. However, revenue increased by 13%, driven by the Industrial Systems segment. EPS for FY 2024 was down from FY 2023. Revenue is expected to decline in the next 3 years while Auto Components industry revenues are expected to grow. Shares are down 1.8% from a week ago.
Tube Investments of India Expands Medical Arms with New Manufacturing Facility and R&D Centre - 10 Jul, 2024
Tube Investments of India is expanding its medical arms, including Contract Development and Manufacturing Operations (CDMO), by establishing a manufacturing facility in Andhra Pradesh and an R&D centre in Chennai. The company aims to capitalize on opportunities in the Active Pharmaceutical Ingredients (API) segment as CDMO becomes one of the fastest-growing segments in the pharmaceutical industry. Tube Investments has diversified into new sectors, including electric mobility and medical segments, after acquiring medical consumables manufacturer Lotus Surgicals in May 2023.
Tube Investments of India Subsidiary Reports Loss Before Tax for FY24 - 08 Jul, 2024
Tube Investments of India subsidiary, TI Clean Mobility Private Ltd (TICMPL), reported a loss before tax for FY24. However, TICMPL has completed its targeted fund raise of ₹3,000 crore to support its diverse electric vehicle ventures.
Tube Investments Share Price Falls by 1.87% - 05 Jul, 2024
Tube Investments of India Ltd's share price fell by 1.87% to Rs 4232.95 with a bearish signal from the MACD. The company reported consolidated sales of Rs 4573.48 crore in Q4FY24, up 7.48% QoQ.
Insights on Tube Investments of India Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 9.98% to 10.36% in Jun 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 11.32% to 11.60% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Samvardhana Motherson International Ltd has given 98.6% return, outperforming this stock by 72.2%
- NO EFFECT
Against Peers
In the last 3 years, Cummins India Ltd has given 319.9% return, outperforming this stock by 55.7%
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 531.75 Cr → 189.53 Cr (in ₹), with an average decrease of 64.4% per quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 4.80K Cr → 4.57K Cr (in ₹), with an average decrease of 4.8% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 28.32% to 27.40% in Jun 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 month, TIINDIA stock has moved down by -6.4%
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 45.10% to 45.04% in Jun 2024 quarter
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹4,345.00Cr | ↑7.20% |
Net Income | ₹271.31Cr | ↓67.11% |
Net Profit Margin | 6.24% | ↓69.34% |
| 2024 | Y/Y Change | |
|---|---|---|
Revenue | ₹16,890.33Cr | ↑12.87% |
Net Income | ₹1,722.53Cr | ↑30.00% |
Net Profit Margin | 10.20% | ↑15.25% |
| 2024 | Y/Y Change | |
|---|---|---|
Total Assets | ₹5,776.26Cr | ↑17.64% |
Total Liabilities | ₹1,805.82Cr | ↑11.64% |
| 2024 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹594.11Cr | ↓4.91% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 45.04% | ||
| Foreign Institutions | 27.4% | ||
| Mutual Funds | 10.36% | 3.82 | |
| Retail Investors | 11.6% | 2.48 | |
| Others | 5.59% | 5.94 |
Key Indicators
Tube Investments of India Ltd Valuation
Tube Investments of India Ltd in the last 5 years
Lowest (15.86x)
April 1, 2020
Industry (28.16x)
July 23, 2024
Today (64.67x)
July 23, 2024
Highest (113.46x)
March 10, 2021
Earnings and Dividends
Tube Investments of India Ltd Earnings Results
Tube Investments of India Ltd’s net profit fell -39.21% since last year same period to ₹189.53Cr in the Q4 2023-2024. On a quarterly growth basis, Tube Investments of India Ltd has generated -64.36% fall in its net profits since last 3-months.
Read More about Earnings ResultsTube Investments of India Ltd Dividends May,2024
In the quarter ending March 2024, Tube Investments of India Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.13%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Tube Investments of India Ltd is currently in a Bearish trading position according to technical analysis indicators.
Frequently Asked Questions
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Tube Investments of India Ltd (TIINDIA) share price today is ₹3955.4
Tube Investments of India Ltd is listed on NSE
Tube Investments of India Ltd is listed on BSE
- Today’s highest price of Tube Investments of India Ltd is ₹4060.
- Today’s lowest price of Tube Investments of India Ltd is ₹3941.
PE Ratio of Tube Investments of India Ltd is 64.67
PE ratio = Tube Investments of India Ltd Market price per share / Tube Investments of India Ltd Earnings per share
Today’s traded volume of Tube Investments of India Ltd(TIINDIA) is 2.08L.
Today’s market capitalisation of Tube Investments of India Ltd(TIINDIA) is ₹77629.4Cr.
| Tube Investments of India Ltd(TIINDIA | Price |
|---|---|
52 Week High | ₹4681.7 |
52 Week Low | ₹2758 |
Tube Investments of India Ltd(TIINDIA) share price is ₹3955.4. It is down -15.51% from its 52 Week High price of ₹4681.7
Tube Investments of India Ltd(TIINDIA) share price is ₹3955.4. It is up 43.42% from its 52 Week Low price of ₹2758
| Tube Investments of India Ltd(TIINDIA | Returns |
|---|---|
1 Day Returns | -58.2% |
1 Month Returns | -6.4% |
3 Month Returns | 11.26% |
1 Year Returns | 26.44% |