Tube Investments of India Limited
HDFC Life Insurance increased its stake in Tube Investments of India Limited from 1.02% to 1.09%, purchasing 142,448 shares (2,115,817 shares total) for approximately ₹41.02 Cr at ₹2880.00 apiece.
A diversified manufacturer serving India's automotive, railway, construction, mining, and agricultural sectors through engineered products and components. Tube Investments operates three core business verticals: engineering, metal formed products, and bicycles. The company has strategically expanded into TMT bars, truck body building, and automotive vision systems, establishing itself as a vertically integrated industrial manufacturer with a broad portfolio across multiple industries.
HDFC Life Insurance Company Limited, institutional investor in Indian equities