Tube Investments of India Limited (TIINDIA.BO)
Tube Investments of India Limited operates in the Conglomerates industry of the Industrials sector, headquartered in Chennai, TN, IN. The stock last traded at $2756.80, down 0.48% on the session, giving a market capitalisation of $534.16B. Its beta of -0.30 implies it has historically moved less than the broad market.
Tube Investments of India Limited (TII), established in 1900 and headquartered in Chennai, India, is a prominent manufacturer and supplier of meticulously engineered and metal-formed products. Its diverse clientele spans the Indian automotive, railway, construction, and agricultural sectors, among others. The company's business operations are strategically organized into three main divisions: Engineering, Metal Formed Products, and Mobility. The Engineering segment's portfolio encompasses various steel products, including cold-rolled strips, as well as precision, cold-drawn welded, and electric resistance welded tubes. Within the Metal Formed Products division, TII offers a range of components such as automotive chains, fine-blanked and stamped products, roll-formed car doorframes, and cold-rolled formed sections. The Mobility segment addresses personal transportation and fitness needs, supplying both standard and specialized bicycles (including alloy and high-performance models), fitness equipment, and electric three-wheelers, which are primarily distributed through retail channels. Beyond these core segments, TII also manufactures a comprehensive suite of gear products, including individual gears, gearboxes, motors, and complete assemblies. Their power systems solutions feature transformers, switchgear, automation tools, and end-to-end turnkey project management. Furthermore, the company delivers industrial systems comprising electric motors, alternators, drives, traction systems, electronics, and SCADA products. Additional business ventures encompass industrial chains and other developing initiatives.
Tube Investments of India Limited is most often compared with the following Industrials names: