Shares of Tube Investments of India climbed on Tuesday, even as the firm announced a 5% year-on-year drop in its Q1FY27 profit, which stood at ₹158.62 crore. Meanwhile, the company saw its revenue grow by 17.7% to reach ₹2,227.63 crore. Motilal Oswal has kept its 'Buy' rating on the stock with a target price of ₹3,379, pointing to the company's solid core operations, a 17% increase in engineering volumes, and double-digit expansion in exports.
by shortkt.com✓