Tube Investments Q1 Results: Motilal Oswal Bullish Despite Margin Miss

Tube Investments reported a Q1 FY27 adjusted PAT of Rs 160 crore, broadly in line with Motilal Oswal's estimates. However, the company's Ebitda margin missed expectations by 70 basis points. Despite this margin shortfall, Motilal Oswal maintains a bullish stance on the stock, citing a 24% upside potential and reaffirming its target price. The brokerage's continued confidence suggests underlying fundamentals remain strong despite near-term margin pressure.