1. I am optimistic on the prospects of Tube Investments of India as it is a stock which is going to get benefitted from Tata Motors Nano car project as it has its door frame contract which will add to its kitty substantially. I remember similar stock which was Automobile corporation which benefitted most from Indica car manufacturing and rose from mere rs 5 in year 2003 to more than 500 level.
2. Tube Investments of India has posted excellent results and it has announced 50% increase in sales and 160% rise in net profit. Thus if you are out to churn your portfolio than do take time to add this stock as it is an emerging star stock and as a long term investor do have the same in portfolio as a value pick. It has a P/E of 6 with a book value of 39 and is presently trading much lower than its book value.
2. Tube Investments of India has posted excellent results and it has announced 50% increase in sales and 160% rise in net profit. Thus if you are out to churn your portfolio than do take time to add this stock as it is an emerging star stock and as a long term investor do have the same in portfolio as a value pick. It has a P/E of 6 with a book value of 39 and is presently trading much lower than its book value.
