Tube Investments of India Ltd

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Stock Performance
52 Week Low - High
Today’s Low - High

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Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
New 52W High today
21
TTM PE Ratio
High in industry
69.5
Price to Book Ratio
High in industry
12.4
Dividend yield 1yr %
Low in industry
0.1
TTM PEG Ratio
PEG TTM is much higher than 1
2.7
RSI
RSI Overbought
71.2
MFI
MFI is mid-range
54

Tube Investments of India Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Tube Investments of India Ltd shareholding Pattern

Promoter
45.1%
Foreign Institutions
28.3%
Mutual Funds
10%
Domestic Institutions
15.3%
Public
11.3%
Promoter
45.1%
Foreign Institutions
28.8%
Mutual Funds
10.2%
Domestic Institutions
14.6%
Public
11.5%
Promoter
46.1%
Foreign Institutions
30.4%
Mutual Funds
9.1%
Domestic Institutions
11.9%
Public
11.5%
Promoter
46.1%
Foreign Institutions
29.4%
Mutual Funds
10.5%
Domestic Institutions
12.7%
Public
11.8%
Promoter
46.2%
Foreign Institutions
28.9%
Mutual Funds
10.3%
Domestic Institutions
12.2%
Public
12.6%
Promoter
46.4%
Foreign Institutions
28.8%
Mutual Funds
10.4%
Domestic Institutions
12.2%
Public
12.5%

Tube Investments of India Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
4,148.90
10Day EMA
4,030.70
12Day EMA
4,001.10
20Day EMA
3,927.60
26Day EMA
3,893.70
50Day EMA
3,813.70
100Day EMA
3,713.20
200Day EMA
3,523.40
5Day SMA
4,130.70
10Day SMA
3,976.40
20Day SMA
3,860.20
30Day SMA
3,876.60
50Day SMA
3,767.20
100Day SMA
3,717.00
150Day SMA
3,659.20
200Day SMA
3,517.30
Delivery & Volume
Resistance & Support
4,269.02
Pivot
Resistance
First Resistance
4,357.98
Second Resistance
4,408.97
Third Resistance
4,497.93
Support
First Support
4,218.03
Second support
4,129.07
Third Support
4,078.08
Relative Strength Index
71.21
Money Flow Index
53.97
MACD
107.35
MACD Signal
53.74
Average True Range
156.49
Average Directional Index
19.74
Rate of Change (21)
14.39
Rate of Change (125)
14.44
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Tube Investments of India Ltd Company background

Founded in: 2008
Managing director: Mukesh Ahuja
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 reestablishing 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.The Companys Large Diameter Tube manufacturing plant got stabilized during the FY 2017. The Company continues to invest in facilities with a view to servicing its customers in a more timely and efficient manner, modernizing its assets and aims to be the best in class. The new greenfield bicycle plant at Punjab with a production capacity of 2,50,000 bicycles per month was inaugurated during the year. The Company also started construction of a new plant in Rajpura, Punjab to manufacture precision tubes. During FY 201718, TTPL completed and delivered varied projects for different auto OEMs and their Tier 1 suppliers. The highlight was delivery of skin panel dies for an auto majors new project. The company was able to attract, recruit and train tool die engineers from reputed polytechnics such as Nettur Technical Training Foundation (NTTF) and Murugappa Polytechnic.During FY 2018, the Company had invested in the aggregate Rs. 3.75 Cr. in the equity share capital of TIACPL, with the joint venture partner also making an equal contribution as envisaged under the Joint Venture Agreement. The Company presently holds 50% of TIACPLs equity capital. Ciclo Cafes operated by TIACPL are functioning at Kotturpuram (Chennai), Hyderabad and Bengaluru.Further, consequent to the demerger, sanctioned by the National Company Law Tribunal, Chennai vide its Order dated 17th July, 2017 and effective 1st April 2016, the Appointed Date under the Scheme of Arrangement (Demerger), Cholamandalam Investment and Finance Company Limited ceased to be an Associate of the Company, Cholamandalam MS General Insurance Company Limited ceased to be subsidiary of the Company and Cholamandalam MS Risk Services Limited ceased to be the Joint Venture of the Company.The Company established a Global Depository Receipts (GDR) Programme by executing a Depository Agreement on 29th January, 2018 with Bank of New York Mellon, New York, USA (BNYM) pursuant to which BNYM acts as the Depository for the GDRs issued in respect of 42,23,460 (representing 2.25% of the Companys paid up capital) underlying equity shares of the Company allotted pursuant to the Scheme of Arrangement for Demerger between TI Financial Holdings Limited (formerly Tube Investments of India Limited Demerged Company) and the Company (the Resulting Company).On 9 March 2018, the Group acquired 80% shares in Great Cycles (Private) Limited and Creative Cycles (Private) Limited, bicycle and component manufacturing companies based out of Sri Lanka for a consideration of Rs.16.98 Cr. (USD 2.61 Million) and Rs.6.47 Cr. (USD 0.99 Million) respectively and accounted a capital reserve of Rs.0.38 Cr. The acquisition is part of the Group strategy for securing the backend supply chain in the mass premium and super premium segments of its bicycles business.In 201718, 67 new model bicycles were launched and 60 old models were refreshed, contributing to 41% of the turnover from such new products and refreshes. Multiple innovations were introduced for the first time in the industry, notable among them being the AntiSlip Chain and a range of ergonomic handlebars. In FY 201920, 70 new model bicycles were launched, and 53 older models were refreshed. In FY 202021, new plant for manufacturing Opto Electronic Products and Solutions at Sri City, in Andhra Pradesh, became operational during the year. The business commenced supplies of optic solution products for Automated Driver Assisted Systems in new generation cars, to overseas customers. It acquired controlling interest in M/s. CG Power and Industrial Solutions Limited and took over its business. In 202021, 43 new model bicycles were launched, and 54 older models were refreshed. In FY 2021 22, Company formed a whollyowned subsidiary, TI Clean Mobility Private Limited (TICMPL) on 12th February 2022 and acquired 69.95% stake in Cellestial E Mobility Private Limited, a manufacturer of Electric Tractors. The assets of threewheeler electric vehicle business were moved from the Company to TICMPL. Further, another new Company viz., M/s. Cellestial ETrac Private Limited was incorporated as a wholly owned subsidiary on 25th February 2022. In 202122, 66 new model bicycles were launched, and 23 models were refreshed. It invested stake in M/s. Aerostrovilos Energy Private Limited (AEPL), a Chennai based startup engaged in development of microgas turbine technology and became an associate Company with effect from 24th November 2021.During 202223, the Company acquired remaining 30.04% equity shares on 27th January 2023, making it a whollyowned subsidiary of the Company. Thereafter, the Company acquired 33,61,902 equity shares representing 67% of the share capital for about Rs 233 Cr. and Premji Invest acquired 16,55,862 equity shares representing 33% of the share capital for about Rs 115 Cr. on 10th May 2023. The Company acquired 20,66,628 equity shares representing 76% of the share capital of M/s. Moshine Electronics Private Limited on 23rd September 2022. In 202223, 49 new model bicycles were launched, and 55 models were refreshed. 20+ new bicycle models were launched across the segments City, MTB, Kids and Kits. The Company acquired 65.2% stake in IPLTech Electric Private Limited (IPLTech) a manufacturer of EMHCV.
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Tube Investments of India Ltd FAQs

Tube Investments of India Ltd shares are currently priced at 4307 on NSE and 4308.95 on BSE as of 6/13/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Tube Investments of India Ltd [TIINDIA] share was 51.96. The Tube Investments of India Ltd [TIINDIA] share hit a 1-year low of Rs. 2758 and a 1-year high of Rs. 4320.

The market cap of Tube Investments of India Ltd is Rs. 83299.77 Cr. as of 6/13/2024 12:00:00 AM.

The PE ratios of Tube Investments of India Ltd is 113.45 as of 6/13/2024 12:00:00 AM.

The PB ratios of Tube Investments of India Ltd is 20.98 as of 6/13/2024 12:00:00 AM

The Mutual Fund Shareholding was 9.98% at the end of 6/13/2024 12:00:00 AM.

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