Tube Investments of India Ltd (TII), a flagship company of the Murugappa Group, is a leading diversified engineering company known for its strong presence in precision steel tubes, bicycles, metal-formed products, and industrial chains. Over the years, the company has expanded into EV manufacturing, aerospace components, and advanced engineering solutions, making it a major growth-focused player in the Indian market.
In this article, we explore the company’s fundamentals, business outlook, and detailed share price targets from 2025 to 2030.
Below are the latest available market details of Tube Investments of India Ltd:
| Detail | Value |
|---|---|
| Open | ₹2,693.60 |
| Previous Close | ₹2,703.60 |
| Volume | 6,28,493 |
| Value (Lacs) | 16,760.02 |
| VWAP | ₹2,667.47 |
| Beta | 1.21 |
| Market Cap | ₹51,603 Cr |
| High | ₹2,710.50 |
| Low | ₹2,656.10 |
| UC Limit | ₹2,973.90 |
| LC Limit | ₹2,433.30 |
| 52-Week High | ₹3,825.00 |
| 52-Week Low | ₹2,407.10 |
| Face Value | ₹1 |
| All-Time High | ₹4,810.80 |
| All-Time Low | ₹212.00 |
The stock currently trades near the lower range of its 52-week performance, offering long-term investors a potential accumulation zone.
Tube Investments of India Ltd is a diversified engineering company operating across multiple segments such as bicycles, metal forming, chains, EV technology, and precision engineering. It manufactures everything from industrial tubes to aerospace-grade components.
The company is widely known for brands like BSA, Hercules, and Montra, and has also expanded into electric vehicles with Montra Electric. Backed by a strong legacy and solid financial performance, Tube Investments is considered one of the most reliable engineering stocks in India.
Strong presence in precision engineering and industrial components
Backed by the Murugappa Group
Expanding rapidly into EV and emerging technologies
Consistent revenue growth and steady profitability
Strong export potential in engineering and metal-formed products
| Investor Type | Holding (%) |
|---|---|
| Promoters | 44.09% |
| Foreign Institutions | 25.44% |
| Retail & Others | 12.76% |
| Mutual Funds | 11.35% |
| Other Domestic Institutions | 6.36% |
A healthy combination of promoter and institutional holdings indicates strong investor trust and long-term stability.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | 2,850 | 3,050 |
| 2026 | 3,200 | 3,450 |
| 2027 | 3,500 | 3,850 |
| 2028 | 3,900 | 4,300 |
| 2029 | 4,350 | 4,900 |
| 2030 | 4,900 | 5,500 |
These projections consider market momentum, expansion into new business segments, historical price trends, beta movement, and long-term sector performance.
The company is expected to maintain stable growth due to strong demand for engineering products and expansion into EV components.
Why?
Higher demand in automotive and industrial sectors
Diversification across engineering and metal-forming businesses
Improved cash flows and efficiency
Investment Outlook: A good period for accumulating shares during market dips.
By 2026, increased revenue from the EV division and new product launches may support upward movement.
Why?
Growth in Montra Electric and new EV models
Export expansion in metal-forming units
Efficient capital allocation by management
Investment Outlook: Suitable for medium- to long-term investors.
The company may gain traction from its premium engineering solutions and aerospace component manufacturing.
Why?
Advanced engineering products gaining market share
Strong institutional backing
Better margins in specialized product segments
Investment Outlook: Investors can continue holding for compounded returns.
New verticals and rising profitability may help the stock cross the ₹4,000 range.
Why?
Higher revenue contribution from high-value manufacturing
Strong demand for bicycles and industrial chains
Consistent financial stability
Investment Outlook: Ideal for long-term wealth creation.
By 2029, the company’s leadership in engineering and EV markets may push the share price near its all-time highs.
Why?
Growth from emerging technologies
Strong order book from global customers
Higher investor confidence due to sustainable performance
Investment Outlook: Remains a strong hold for long-term portfolios.
By 2030, the company may achieve new milestones in engineering innovation and EV expansion.
Why?
Strong management and group backing
Diversification across new-age markets
Potential to outperform in export-oriented engineering
Investment Outlook: Can be a valuable stock for long-term investors seeking stability and compounding.
Tube Investments is one of the most stable engineering companies in India with a strong business model and future-ready approach. It offers long-term growth potential, making it suitable for investors seeking exposure to engineering, EV, and industrial product sectors.
Strong promoter holding
Diversified revenue streams
Excellent market reputation
Consistent EPS and ROE performance
High competition in EV and industrial components
Volatility due to global metal price fluctuations
Demand dependency on auto and industrial cycles
Always consult a financial expert before making investment decisions.
Tube Investments of India Ltd is a fundamentally strong engineering and manufacturing company positioned strategically for long-term growth. With solid financials, diversified business segments, and growing opportunities in EV and precision engineering, the company shows strong investment potential.
With a projected share price target of up to ₹5,500 by 2030, Tube Investments may continue to deliver robust returns for long-term investors.
1. What is the current share price of Tube Investments of India?
The latest open price is ₹2,693.60.
2. Is Tube Investments a good long-term investment?
Yes, due to strong fundamentals and diversified business operations.
3. What is the share price target for 2025?
The expected target for 2025 is ₹2,850–₹3,050.
4. What is the 52-week high and low?
52-week high: ₹3,825.00
52-week low: ₹2,407.10
5. What is the promoter holding?
Promoters hold 44.09% of the company shares.
Disclaimer: This article is for informational purposes only. Please consult a financial advisor before investing.
