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Stock Radar: Apollo Hospitals, Bharat Dynamics, Muthoot Finance, BGR Energy, Tube Investments in focus on Friday

Sun Pharma accepted preferential offer to acquire 14.28% shares of Indian Foundation for Quality Management, while Jio Financial Services launched JioFinance App in a Beta version.

Hold Tube Investments of India; target of Rs 3933: Asit C Mehta

Asit C Mehta recommended hold rating on Tube Investments of India with a target price of Rs 3933 in its research report dated May 15 2024.

Tube Investments of India Ltd. engages in the manufacture of engineered and metal formed mobility products for automotive, railway, construction, and agriculture industries. It operates through the following segments: Engineering, Metal Formed Products, and Mobility. The Engineering segment consists of cold rolled steel strips and precision steel tube, cold drawn welded tubes and electric resistance welded tubes. The Metal Formed Products segment comprises automotive chains, fine blanked products, stamped products, roll-formed car doorframes, and cold rolled formed sections for railway wagons and passenger coaches. The Mobility segment refers to standard bi-cycles, special bi-cycles including alloy bikes, and specialty performance bikes and fitness equipment. The company was founded on October 6, 2008 and is headquartered in Chennai, India.

Tube Investments of India Ltd.

Volume	222,412.00
52-Wk High	4,681.70
52-Wk Low	2,758.00

TIINDIA.NSE Tube Investments of India Ltd.

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