Tamboli Capital Ltd Detail
Tamboli Capital Ltd is in portfolio of Subramanian P. He is one of the top investors in India. The company belongs to Financial sector.
As per the Company website it was incorporated in 2008 with a view to carry on industrial business trade activities by investments in various ventures and projects by way of capital, loan, equity participation and financial assistance.
Tamboli Casting limited is wholly owned subsidiary of Tamboli Capital limited. Casting limited produces complex investment castings.It has facility for complex ceramic cores which enables company to supply fully machined and ready to use components.The factory is located in Bhav Nagar Gujarat. It supplies components to Automotive Industry.
I have shared long term price performance chart of the Company below.As per Dow theory of technical analysis price performance over a period of time reflects Company state.
Tamboli Capital Ltd Stock Performance
The stock listed in year 2010. The listing price is 36. It hovered around the listing price for next four years. The stock did not have positive or negative movement during this phase.
After initial consolidation phase the stock moved into positive territory and zoomed past 100 mark. It has given more than 2 times return in past 8 years. The dividend yield at current market price is 1%. The dividend yield is decent.
Tamboli Capital Ltd My Opinion
Tamboli Capital Ltd is a Financial company. Actually we should not club it as Financial Company. The majority of capital allocation is in Automobile parts company. Along with automobile sector Company it does financial tasks as well. So you can see it as Conglomerate.
The Company has given positive returns in these 8 years period. It has not given negative returns in any year as of now which is very good sign for any Company.Having said that I do not find anything unique about this Company. It is decent Company but the business area is generic. Small companies having generic operations area find it difficult to grow fast.
I will not be tracking or investing in this stock at least till now I have this view.In case you are interested then you can track the company by adding it to your stock watch list. That way you can keep close eye on the Company.