- Wealth PMS (50L+)
Tube Investments is an auto ancillary company, which is into motor frame, chains and precision tube manufacturing along with cycle and accessories manufacturing. The firm has posted a block buster results for the first quarter of the year. The profits are up to 2.35 times the June 2015 numbers with only 6.48% growth in revenue.
Note: For the quarter ending Mar-16, there was an exceptional item of Rs 820.78 Crs due to divestment in its subsidiary. (Chola Insurance)
Tube investment closed at Rs 558.05, up by 1.40% from previous close.
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