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Tube Investments's stock climbs despite dip in profits
Tube Investments of India's stock climbed over 2% on Friday, landing it among the top Nifty Midcap 150 gainers.
This boost came even as profits dipped a bit—Q1 revenue hit ₹5,309 crore (up from last year), but net profit slipped slightly to ₹303 crore.
The market still seems upbeat about the company's growth.
Shareholder rewards amid profit dip
Despite profits being a bit lower for both Q1 and the full year (FY25 net profit at ₹1,055 crore vs. ₹1,188 crore in FY24),
Tube Investments is rewarding shareholders—a final dividend of ₹1.50 per share is coming on July 25, plus an earlier interim dividend of ₹2 per share announced in February.
Recent analysis from Moneycontrol indicates a very bullish sentiment on the stock as of August 19, 2025.