Tube Investments - Daily Stock Picks

Posted by admin in Companies, Mid Term Picks on Jun 30th, 2010 | no responses

Tube Investments Stock Analysis

Tube Investments is a Murugappa group company. Manufactures precision steel tubes, strips, car door frames and various types of chains.
Planning to spend Rs 200 crore on R&D
For 2009-2010 financial year, consolidated net profits was up by 113% to reach Rs 112.26 crore
In two years net revenue and profit are expected to record a CAGR of 12% and 50% respectively.

Source: Sakshi Business News - by V.S.R. Sastry, Firstcall India Equity Advisors