One can keep Tube Investments in portfolio with a time horizon of maybe 3-5 years, says SP Tulsian of sptulsian.com.
Tulsian told CNBC-TV18, "Tube Investments is a company of Murugappa Group, which engaged in engineering, metal formed products plus machinery components for the cycles and electric scooter division. Apart from this the company is holding 74% stake in Cholamandalam Mitsui Sumitomo General Insurance Company, which has already turned profitable. Apart from that they have 61% or more than 61% stake in Cholamandalam Investment and Finance Company.
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