Latest news with #TubeInvestmentsofIndiaLtd
Business Standard
20-05-2025
- Automotive
- Business Standard
Quick Wrap: Nifty Auto Index declines 2.17%, NIFTY Tumbles 1.05%
Nifty Auto index ended down 2.17% at 23531.2 today. The index is up 10.00% over last one month. Among the constituents, Tube Investments of India Ltd slipped 4.06%, Hero MotoCorp Ltd shed 3.33% and Bajaj Auto Ltd dropped 3.23%. The Nifty Auto index is up 1.00% over last one year compared to the 9.70% surge in benchmark Nifty 50 index. In other indices, Nifty India Consumption index is down 1.77% and Nifty MNC index is down 1.39% on the day. In broad markets, the Nifty 50 is down 1.05% to close at 24683.9 while the SENSEX is down 1.06% to close at 81186.44 by Capital Market - Live News
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Business Standard
16-05-2025
- Business
- Business Standard
Tube Investments Q4 results: Consolidated PAT of ₹158 cr on higher income
Tube Investments of India Ltd has reported a consolidated profit after tax of Rs 158.19 crore for the January-March 2025 quarter, the company said on Friday. The company, part of the city-based diversified conglomerate, Murugappa Group, had registered a net profit of Rs 274.46 crore during the corresponding quarter of last year. For the year ending March 31, 2025 the profit after tax stood at Rs 1,054.29 crore, as compared to Rs 1,732.99 crore registered in the year-ago period, a press release said. The consolidated total income for the quarter under review grew to Rs 5,308.21 crore, from Rs 4,573.48 crore registered during the corresponding quarter of the last fiscal. For the financial year ending March 31, 2025 the total income stood at Rs 19,835.71 crore, as against Rs 17,142.04 crore registered in the year-ago period. The Board of Directors has recommended a final dividend of Rs 1.50 per share for the financial year 2024-25. An interim dividend of Rs 2 per share was declared in February 2025, and it was paid to shareholders in March. Engineering division of the company garnered revenue for the full year ending March 31, 2025 at Rs 5,029 crore as compared to Rs 4,921 crore registered in the year-ago period. Metal Formed products division earned total revenue of Rs 1,565 crore as compared to Rs 1,519 crore registered in the year-ago period. The Mobility business vertical reported a revenue of Rs 671 crore for the full year ending March 31, 2025 as compared to Rs 664 crore clocked in the year-ago period. On the performance of group companies, Tube Investments Ltd said its subsidiary CG Power and Industrial Solutions Ltd registered a consolidated revenue of Rs 9,909 crore for the year ending March 31, 2025 as against Rs 8,046 crore registered in the previous year. Shanthi Gears Ltd, another subsidiary company of Tube Investments Ltd and engaged in the manufacturing of gear and gear products, registered a revenue of 605 crore for the year ending March 31, 2025 as against Rs 536 crore, recorded in the year-ago period.
Business Standard
14-05-2025
- Automotive
- Business Standard
Tube Investments of India Ltd soars 1.39%, up for third straight session
Tube Investments of India Ltd is quoting at Rs 3035.5, up 1.39% on the day as on 12:49 IST on the NSE. The stock is down 19.84% in last one year as compared to a 10.82% gain in NIFTY and a 2.24% gain in the Nifty Auto index. Tube Investments of India Ltd rose for a third straight session today. The stock is quoting at Rs 3035.5, up 1.39% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.1% on the day, quoting at 24602.8. The Sensex is at 80985.3, down 0.2%. Tube Investments of India Ltd has added around 18.08% in last one month. Meanwhile, Nifty Auto index of which Tube Investments of India Ltd is a constituent, has added around 9.53% in last one month and is currently quoting at 23167.25, up 0.45% on the day. The volume in the stock stood at 1.68 lakh shares today, compared to the daily average of 5.72 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 3039.5, up 1.36% on the day. Tube Investments of India Ltd is down 19.84% in last one year as compared to a 10.82% gain in NIFTY and a 2.24% gain in the Nifty Auto index. The PE of the stock is 79.21 based on TTM earnings ending December 24.
Business Standard
14-05-2025
- Business
- Business Standard
Volumes jump at Tube Investments of India Ltd counter
Tube Investments of India Ltd witnessed volume of 1.52 lakh shares by 10:47 IST on BSE, a 25.4 times surge over two-week average daily volume of 6002 shares Godrej Properties Ltd, KIOCL Ltd, Glaxosmithkline Pharmaceuticals Ltd, Garden Reach Shipbuilders & Engineers Ltd are among the other stocks to see a surge in volumes on BSE today, 14 May 2025. Tube Investments of India Ltd witnessed volume of 1.52 lakh shares by 10:47 IST on BSE, a 25.4 times surge over two-week average daily volume of 6002 shares. The stock increased 1.39% to Rs.3,033.40. Volumes stood at 7304 shares in the last session. Godrej Properties Ltd witnessed volume of 3.02 lakh shares by 10:47 IST on BSE, a 7.9 times surge over two-week average daily volume of 38297 shares. The stock increased 1.08% to Rs.2,124.10. Volumes stood at 23707 shares in the last session. KIOCL Ltd registered volume of 53849 shares by 10:47 IST on BSE, a 7.33 fold spurt over two-week average daily volume of 7343 shares. The stock rose 9.32% to Rs.277.40. Volumes stood at 5927 shares in the last session. Glaxosmithkline Pharmaceuticals Ltd notched up volume of 22989 shares by 10:47 IST on BSE, a 6.72 fold spurt over two-week average daily volume of 3418 shares. The stock rose 4.83% to Rs.2,925.00. Volumes stood at 5395 shares in the last session. Garden Reach Shipbuilders & Engineers Ltd recorded volume of 12.23 lakh shares by 10:47 IST on BSE, a 5.79 times surge over two-week average daily volume of 2.11 lakh shares. The stock gained 16.84% to Rs.2,237.55. Volumes stood at 2.24 lakh shares in the last session.
Business Standard
14-05-2025
- Automotive
- Business Standard
Tata Motors Ltd Slides 2.8%
Tata Motors Ltd has added 15.64% over last one month compared to 12.16% gain in BSE Auto index and 8.3% rise in the SENSEX Tata Motors Ltd fell 2.8% today to trade at Rs 688.1. The BSE Auto index is down 0.48% to quote at 51654.29. The index is up 12.16 % over last one month. Among the other constituents of the index, Hero MotoCorp Ltd decreased 2.36% and Tube Investments of India Ltd lost 1.5% on the day. The BSE Auto index went down 0.75 % over last one year compared to the 11.34% surge in benchmark SENSEX. Tata Motors Ltd has added 15.64% over last one month compared to 12.16% gain in BSE Auto index and 8.3% rise in the SENSEX. On the BSE, 2.08 lakh shares were traded in the counter so far compared with average daily volumes of 14.88 lakh shares in the past one month. The stock hit a record high of Rs 1179.05 on 30 Jul 2024. The stock hit a 52-week low of Rs 542.55 on 07 Apr 2025.
