Tube Investments of India Limited is an Indian company engaged in the engineering and manufacturing sectors, with a specific focus on bicycles, metal formed products, and chains. The company is headquartered in Chennai and operates as part of the Murugappa Group. Originally established as TI Cycles of India Limited in 1949, it was formed as a joint venture company.
The company focuses on three primary areas of expertise: Engineering, Metal Formed Products, and Bicycles.
(TII) holds a prominent position as a leading manufacturer of a diverse array of products catering to major industries like Automotive, Railway, Construction, Mining, Agriculture, and more. The company operates through three primary verticals, namely Engineering, Metal Formed Products, and Bicycles. Emphasizing its growth-oriented approach, TII has ventured into the TMT bars and Truck Body Building business. Furthermore, the company is actively exploring prospects in the Auto industry, including optic lens and other vision systems.
The objective of this article is to examine the projected share price target of Tube Investments of India Limited from 2024 to 2030, while also evaluating the potential of the company as an attractive investment opportunity.
TUBE INVESTMENTS OF INDIA Q3 Highlight
- Tube Investments of India Ltd. (TII) Q3 standalone net profit rose by 14% to ₹158 crore.
- Total revenue from operations increased to ₹1,898 crore.
- Engineering division and metal formed products division contributed ₹1,229 crore and ₹392 crore, respectively.
- Mobility division contracted to ₹147 crore from ₹174 crore.
- TII emphasized cost reduction initiatives, operational efficiency, and declared an interim dividend of ₹2 per equity share.
HOW TO BUY TUBE INVESTMENTS OF INDIA SHARES ?
You can buy Tube Investments of India shares from the following trading platforms:
- Zerodha
- Upstox
- Groww
- AngleOne
- ICICIDirect
SHARE PRICE PREDICTION OF TUBE INVESTMENTS OF INDIA: 2024 TO 2030
TUBE INVESTMENTS OF INDIA SHARE PRICE PREDICTION 2024
| When | Maximum Price | Minimum Price |
| February 2024 | ₹3,641.00 | ₹3,166.09 |
| March 2024 | ₹3,715.31 | ₹3,230.70 |
| April 2024 | ₹3,607.09 | ₹3,136.60 |
| May 2024 | ₹3,553.79 | ₹3,090.25 |
| June 2024 | ₹3,681.72 | ₹3,201.50 |
| July 2024 | ₹3,644.91 | ₹3,169.48 |
| August 2024 | ₹3,790.70 | ₹3,296.26 |
| September 2024 | ₹3,942.33 | ₹3,428.11 |
| October 2024 | ₹,865.03 | ₹3,360.90 |
| November 202 | ₹3,980.98 | ₹3,461.72 |
| December 2024 | ₹4,080.50 | ₹3,548.26 |
In February 2024, Tube Investments is anticipated to experience fluctuations in its stock prices, with the maximum price projected at ₹3,641.00 and the minimum at ₹3,166.09. As March unfolds, investors can expect further variability, with Tube Investments’ shares reaching a maximum of ₹3,715.31 and a minimum of ₹3,230.70. The trend continues throughout the year, culminating in December 2024, where the maximum and minimum prices are estimated to be ₹4,080.50 and ₹3,548.26, respectively.
TUBE INVESTMENTS OF INDIA SHARE PRICE PREDICTION 2025
| When | Maximum Price | Minimum Price |
| January 2025 | ₹4,162.11 | ₹3,201.63 |
| February 2025 | ₹4,268.84 | ₹3,283.72 |
| March 2025 | ₹4,435.32 | ₹3,411.78 |
| April 2025 | ₹4,348.35 | ₹3,344.89 |
| May 2025 | ₹4,221.70 | ₹3,247.46 |
| June 2025 | ₹4,411.68 | ₹3,393.60 |
| July 2025 | ₹4,325.18 | ₹3,327.06 |
| August 2025 | ₹4,458.94 | ₹3,429.96 |
| September 2025 | ₹4,615.01 | ₹3,550.01 |
| October 2025 | ₹4,735.00 | ₹3,642.31 |
| November 2025 | ₹4,853.37 | ₹3,733.36 |
| December 2025 | ₹4,974.71 | ₹3,826.70 |
Tube Investments of India is poised to see fluctuations in its stock prices in January 2025, with an expected range of ₹3,201.63 to ₹4,162.11. As February progresses, investors can anticipate further variability, with the share prices reaching a maximum of ₹4,268.84 and a minimum of ₹3,283.72. The trend continues throughout the year, culminating in December 2025, where the share prices are estimated to fluctuate between ₹3,826.70 and ₹4,974.71.
TUBE INVESTMENTS OF INDIA SHARE PRICE PREDICTION 2026
| When | Maximum Price | Minimum Price |
| January 2026 | ₹5,123.95 | ₹3,941.50 |
| February 2026 | ₹5,255.33 | ₹4,042.56 |
| March 2026 | ₹5,460.29 | ₹4,200.22 |
| April 2026 | ₹5,353.22 | ₹4,117.86 |
| May 2026 | ₹5,197.30 | ₹3,997.93 |
| June 2026 | ₹5,431.18 | ₹4,177.83 |
| July 2026 | ₹5,324.69 | ₹4,095.92 |
| August 2026 | ₹5,489.37 | ₹4,222.59 |
| September 2026 | ₹5,681.50 | ₹4,370.38 |
| October 2026 | ₹5,829.22 | ₹4,484.01 |
| November 2026 | ₹5,974.95 | ₹4,596.11 |
| December 2026 | ₹6,124.32 | ₹4,711.02 |
TUBE INVESTMENTS OF INDIA SHARE PRICE PREDICTION 2027
| When | Maximum Price | Minimum Price |
| January 2027 | ₹6,246.81 | ₹4,805.24 |
| February 2027 | ₹6,406.98 | ₹4,928.45 |
| March 2027 | ₹6,656.86 | ₹5,120.66 |
| April 2027 | ₹6,526.33 | ₹5,020.25 |
| May 2027 | ₹6,336.24 | ₹4,874.03 |
| June 2027 | ₹6,621.37 | ₹5,093.36 |
| July 2027 | ₹6,491.54 | ₹4,993.49 |
| August 2027 | ₹6,692.31 | ₹5,147.93 |
| September 2027 | ₹6,926.54 | ₹5,328.11 |
| October 2027 | ₹7,106.63 | ₹5,466.64 |
| November 2027 | ₹7,284.30 | ₹5,603.31 |
| December 2027 | ₹7,466.40 | ₹5,743.39 |
TUBE INVESTMENTS OF INDIA SHARE PRICE PREDICTION 2028
| When | Maximum Price | Minimum Price |
| January 2028 | ₹7,615.73 | ₹5,858.26 |
| February 2028 | ₹7,811.01 | ₹6,008.47 |
| March 2028 | ₹8,115.64 | ₹6,242.80 |
| April 2028 | ₹7,956.51 | ₹6,120.39 |
| May 2028 | ₹7,724.76 | ₹5,942.13 |
| June 2028 | ₹8,072.38 | ₹6,209.52 |
| July 2028 | ₹7,914.10 | ₹6,087.77 |
| August 2028 | ₹8,158.86 | ₹6,276.05 |
| September 2028 | ₹8,444.42 | ₹6,495.71 |
| October 2028 | ₹8,663.98 | ₹6,664.60 |
| November 2028 | ₹8,880.58 | ₹6,831.21 |
| December 2028 | ₹9,102.59 | ₹7,001.99 |
TUBE INVESTMENTS OF INDIA SHARE PRICE PREDICTION 2029
| When | Maximum Price | Minimum Price |
| January 2029 | ₹9,284.64 | ₹7,142.03 |
| February 2029 | ₹9,522.71 | ₹7,325.16 |
| March 2029 | ₹9,894.10 | ₹7,610.84 |
| April 2029 | ₹9,700.10 | ₹7,461.61 |
| May 2029 | ₹9,417.57 | ₹7,244.28 |
| June 2029 | ₹9,841.36 | ₹7,570.28 |
| July 2029 | ₹9,648.39 | ₹7,421.84 |
| August 2029 | ₹9,946.79 | ₹7,651.38 |
| September 2029 | ₹10,294.93 | ₹7,919.18 |
| October 2029 | ₹10,562.60 | ₹8,125.08 |
| November 2029 | ₹10,826.67 | ₹8,328.20 |
| December 2029 | ₹11,097.33 | ₹8,536.41 |
TUBE INVESTMENTS OF INDIA SHARE PRICE PREDICTION 2030
| When | Maximum Price | Minimum Price |
| January 2030 | ₹11,319.28 | ₹8,707.14 |
| February 2030 | ₹11,609.52 | ₹8,930.40 |
| March 2030 | ₹12,062.29 | ₹9,278.68 |
| April 2030 | ₹11,825.77 | ₹9,096.75 |
| May 2030 | ₹11,481.33 | ₹8,831.79 |
| June 2030 | ₹11,997.99 | ₹9,229.23 |
| July 2030 | ₹11,762.74 | ₹9,048.26 |
| August 2030 | ₹12,126.53 | ₹9,328.10 |
| September 2030 | ₹12,550.96 | ₹9,654.59 |
| October 2030 | ₹12,877.29 | ₹9,905.61 |
| November 2030 | ₹13,199.22 | ₹10,153.25 |
| December 2030 | ₹13,529.20 | ₹10,407.08 |
In 2030, Tube Investments of India is anticipated to witness dynamic stock performance. January may see prices ranging from ₹8,707.14 to ₹11,319.28, with fluctuations persisting throughout the year. By December, the share prices are projected to vary between ₹10,407.08 and ₹13,529.20, reflecting market dynamics and investor sentiment towards the company.
FINANCIAL CONDITION OF TUBE INVESTMENTS OF INDIA :LAST 5 YEARS
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
| Sales | 5,773 | 4,750 | 6,083 | 12,447 | 14,965 |
| Expenses | 5,240 | 4,169 | 5,443 | 10,997 | 13,081 |
| Operating Profit | 533 | 582 | 641 | 1,450 | 1,883 |
| OPM % | 9% | 12% | 11% | 12% | 13% |
| Other Income | 62 | 40 | 26 | 147 | 318 |
| Interest | 56 | 34 | 52 | 99 | 58 |
| Depreciation | 162 | 185 | 251 | 347 | 396 |
| Profit before tax | 378 | 403 | 365 | 1,152 | 1,748 |
| Tax % | 34% | 22% | 22% | 14% | 24% |
| Net Profit | 251 | 313 | 286 | 991 | 1,325 |
| EPS in Rs | 12.81 | 16.31 | 14.28 | 39.85 | 49.48 |
| Dividend Payout % | 20% | 21 | 25% | 9% | 7% |
Note: All figures are in Crore INR (except EPS) and percentages. “OPM” refers to Operating Profit Margin.
Tube Investments has exhibited a consistent financial performance over the years, with steady growth in sales and profitability.
In March 2019, Tube Investments recorded sales of ₹5,773 crore, which slightly decreased to ₹4,750 crore in March 2020. The following years showed substantial growth, with sales reaching ₹12,447 crore in March 2022 and further increasing to ₹14,965 crore in March 2023, indicating a positive sales trajectory. The operating profit margin (OPM %) remained within a narrow range, starting at 9% in March 2019 and reaching 13% in March 2023, showcasing stable operational efficiency.
Net profit demonstrated consistent growth, rising from ₹251 crore in March 2019 to ₹1,325 crore in March 2023. This positive trend is reflected in the earnings per share (EPS) figures, which increased from ₹12.81 in March 2019 to ₹49.48 in March 2023.
The dividend payout percentage remained relatively stable, ranging between 7% and 25% during the specified period, indicating the company’s commitment to distributing profits to its shareholders.
FAQS
How Has The Earnings Per Share (EPS) Of Tube Investments Evolved Over Time?
The earnings per share (EPS) of Tube Investments has shown significant growth over the years. EPS increased from ₹12.81 in March 2019 to ₹49.48 in March 2023.
What is the share price target of Tube Investments for 2025?
Tube Investments share price might reach around ₹4,974.71 by the end of 2025.
What Is The Share Price Target Of Tube Investments For 2030?
Tube Investments share price might reach around ₹13,529.20 by the end of 2030.
How Has Tube’s Operating Profit Margin(OPM) Trended Over The Past Five Years?
The OPM of last five years are 9%,12%,11%,12% and 13%.
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CONCLUSION
In conclusion, Tube Investments of India has demonstrated a positive financial performance with consistent sales growth, effective cost management, and improved profitability. The company has shown a steady increase in net profit and earnings per share (EPS) over the years, indicating its ability to generate sustainable earnings and create value for shareholders.
Despite fluctuations in expenses and taxes, Tube Investments has managed to maintain profitability and efficiently allocate its resources.
The growth in earnings per share (EPS) is particularly noteworthy, climbing from ₹12.81 in March 2019 to ₹49.48 in March 2023. This indicates increased profitability and enhanced value for shareholders.
However, it is important to note that investment decisions should be based on a thorough analysis of the current market conditions, industry trends, and the company’s future prospects.
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