Tube Investments plans ₹600-700 crore capex in FY27
pre-market1 source ↓written by the desknot a recommendation
- allocated for standalone
- ₹350 crore
- will be directed
- ₹100 crore
Tube Investments of India (TII) plans a capex of ₹600-700 crore in FY27, with ₹350 crore allocated for standalone operations. Additionally, ₹100 crore will be directed to Shanti Gears. Management expects operating margins to recover fully amid rising steel prices, indicating potential positive impacts on profitability in upcoming quarters.
Not investment advice. For informational purposes only.