Tube Investments of India shares surge 8% after Q1 earnings. What Motilal Oswal is saying
Tube Investments of India shares surged after the company reported a 5% year-on-year decline in Q1FY27 profit to Rs 158.62 crore, despite a 17.7% rise in revenue to Rs 2,227.63 crore.
Motilal Oswal retained its Buy rating with a Rs 3,379 target, citing strong core business performance, 17% engineering volume growth and double-digit export growth.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
