Tube Investments plans ₹600-700 crore capex for FY27
after close1 source ↓written by the desknot a recommendation
- allocated for standalone
- ₹350 crore
- for Shanti Gears
- ₹100 crore
Tube Investments of India (TII) plans a capex of ₹600-700 crore in FY27, with ₹350 crore allocated for standalone operations and ₹100 crore for Shanti Gears. The management anticipates a recovery in operating margins despite inflationary pressures on raw materials, expecting steel prices to normalize in the coming quarters.
Not investment advice. For informational purposes only.