# Tube Investments up 8% as Motilal Oswal sees 24% upside

2026-08-18T06:48:53+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets (3 source reports)

Shares of Tube Investments of India rose over 8% to Rs 2,952 on Tuesday after the company reported Q1FY27 earnings. Profit after tax fell 5% year-on-year to Rs 158.62 crore, while revenue from operations grew 17.7% to Rs 2,227.63 crore. Domestic brokerage Motilal Oswal retained its Buy rating on the stock with a target price of Rs 3,379, implying a 24% upside. The brokerage cited in-line earnings despite margin pressure, noting that Tube Investments' core engineering business delivered 17% volume growth and exports grew in double digits. Motilal Oswal expects the standalone business to post a steady 8% revenue CAGR over FY26-28. Management remains constructive on near-term demand, with margin recovery from input-cost inflation expected to improve profitability progressively.

## Indian Opinion Analysis

All three sources rely on Motilal Oswal's post-earnings note, making the coverage almost identical in content. NDTV Profit leads with the brokerage's 'bullish' view and the margin miss, framing the story as a stock call. The Economic Times adds more detail: share price movement, segment-wise breakdown, and management outlook, but the stance remains neutral-report throughout. There is no government or ideological angle. The practical takeaway is that the core business is strong and diversification is the long-term story, but margin recovery depends on input-cost pass-through. Watch Q2FY27 for signs of that recovery.

## Coverage

Coverage: 3 sources, 3 neutral
- ndtvprofit.com (neutral report) <https://www.ndtvprofit.com/markets/tube-investments-q1-review-motilal-oswal-remains-bullish-despite-margin-miss-sees-24-percent-upside-check-target-price-11924117>
  Leads with brokerage bullishness and margin miss, presenting the stock call first
- ndtvprofit.com (2) (neutral report) <https://www.ndtvprofit.com/markets/tube-investments-q1-review-motilal-oswal-remains-bullish-despite-margin-miss-sees-24-percent-upside-check-target-price-11924117#publisher=newsstand>
- economictimes.indiatimes.com (neutral report) <https://economictimes.indiatimes.com/markets/stocks/news/tube-investments-of-india-shares-surge-8-after-q1-earnings-what-motilal-oswal-is-saying/articleshow/133315012.cms>
  Adds share price surge and management outlook, more comprehensive but still neutral

This story was synthesised by AI from the 3 sources linked above.
Updated: this story now draws on 3 sources. Last updated 2026-08-18T10:21:11+00:00.

Tags: CG Power, Motilal Oswal, Tube Investments of India
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How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/
