Tube Investments of India Ltd

  • BSE Code : 540762
  • NSE Symbol : TIINDIA
  • ISIN : INE974X01010
  • Industry :STEEL - LARGE

up-arrow 3,765.10 -21.70(-0.57%)

Open Price ()

3,798.00

Prev. Close ()

3,786.80

Volume (No’s)

472,768

Market Cap ()

72,817.87

Low Price ()

3,685.95

High Price ()

3,819.50

 

Corporate Announcement

14-May-2024 Tube Investments of India Limited - Analysts/Institutional Investor Meet/Con. Call Updates
13-May-2024 Tube Investments of India Limited - Press Release
10-May-2024 Tube Investments of India Limited - Disclosure under SEBI Takeover Regulations
09-May-2024 Tube Investments of India Limited - Loss of Share Certificates
07-May-2024 Tube Investments of India Limited - Agreement

Stock Summary

Market Cap(₹Cr.)

73,040.28

P/E (TTM)

99.44

Book value ()

205.29

Div Yield (%)

0.11

EPS (TTM)

37.98

Face Value ()

1.00

Technical Analysis

Key Level

Resistance 1

3,830.65

Resistance 2

3,874.50

Support 1

3,724.60

Support 2

3,662.40

Moving Average

30 Days

3,702.72

50 Days

3,666.05

100 Days

3,685.27

200 Days

3,418.52

Peers Group

Company Market Cap (₹in Cr.) P/E (x) P/B(x) EV / EBITDA(x) Dividend Yield(%) EPS
Tube Investments of India.. 72,777.25 99.08 14.92 1044.85 0.11 37.98
JSW Steel Ltd 216,752.81 22.24 3.25 16943 0.47 39.86
Tata Steel Ltd 207,101.72 11.88 0.95 30248.67 2.12 13.97
Jindal Steel & Power Ltd 102,549.46 19.45 1.35 6323.79 0.2 51.69
Steel Authority of India .. 67,596.05 22.17 0.66 9636.9 0.92 7.38

Return Calculator

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If I had made investment of

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My investment would be worth 95,664.50 with a Loss of -4.34%

Share Holding

CATEGORY NO. OF SHARES PERCENTAGE (%)
Total Foreign 56129947 29.02
Total Institutions 28634249 14.81
Total Govt Holding 868813 0.45
Total Non Promoter Corporate Holding 2384727 1.23
Total Promoters 87221467 45.10
Total Public & others 18163013 9.40
Total 193402216 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

Corporate Actions

About Company

Tube Investments of India Limited was originally incorporated as TI Financial Holdings Limited on 6th October 2008 under the Companies Act, 1956, as a wholly owned subsidiary of erstwhile Tube Investments of India Limited (Demerged Company). Pursuant to the Scheme of Arrangement approved by NCLT, the Manufacturing Business Undertaking of the Demerged Company was vested in/transferred to the Company with effect from 1st August 2017, being the appointed date, 1st April 2016 and the name of the Company was changed to 'Tube Investments of India Limited'. The Company operate manufacturing plants across the country and has 4 product segments, Engineering, Metal Formed Products, Gear and Gear Products and Mobility.

During FY 2017, Shanthi Gears Ltd (SGL), a subsidiary of the company, renewed its focus on re-establishing itself in the market and gaining new customers.

TI Tsubamex Private Limited' (TTPL) focus during the year was in setting up the manufacturing system and establishing a vendor base for supply of castings with rough machining.

Tube Investments invested an aggregate Rs.10 Cr. in the equity share capital of TI Absolute Concepts Private Limited (TIACPL), with the joint venture partner also making an equal contribution as envisaged under the Joint Venture Agreement...

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