BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
Tube Investments of India Ltd.'s performance in Q1 FY23 was driven by strong revenue growth, particularly in the engineering business.
Traction in revenue is expected to continue, driven by a recovery in underlying auto volumes, traction in railways, and continued ramp-up in exports.
Tube Investments of India will invest Rs 10 billion (Rs 2.5 billion each) in four segments (excluding two-wheelers) for taking electric vehicles to the market.
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