Motilal Oswal Mutual Fund has bought shares of Tube Investments of India for Rs 335 crore through an open market transaction. Motilal Oswal Mutual Fund has acquired 10 lakh shares of Tube Investments of India. The shares were purchased at an average price of Rs 3,348.09 apiece.
Tube Investments of India was formed by merging TI Cycles of India and Tube Products of India. The company is in to the business of manufacturing metal products.