As the market closed on 10th May 2023, the stock price of Tube Investments stood at 2707.10. It is lower than its 52-week high of 3046.25. Moreover, the prices have been stable. So, experts have a positive outlook on the stock and expect the prices to rise.
According to experts, if the company's stock trades over 2600 or 2700 levels, the prices would rise in the coming months.
Tube Investments is a part of the leading Murugappa Group. The company boasts 70+ years of customer trust and satisfaction. As of March 2022, it has a share capital of 19.29 crores and reserves and a surplus of 3051.79 crores, making it a financially strong company.
On 3rd February 2023, Tube Investments paid an interim dividend of 2 per share. This was the last dividend paid by the company till 10th May 2023.
Some of the latest news includes the following –