Strota/ Newsroom/ 2026-08-25

GANDHITUBE (GANDHITUBE): Buyback

Strota Newsroom · session of 2026-08-25 · 25 Aug 12:04 · GANDHITUBE stock page →

Gandhi Special Tubes Limited has informed the Exchange about Copy of Newspaper Publication -Corrigendum to Public Announ… Historically, buyback events have moved GANDHITUBE-type stocks in the bullish direction 57.1% of the next sessions (n=42).

Gandhi Special Tubes told the exchange it had published a corrigendum to the public announcement for the buyback of its fully paid-up equity shares, according to the NSE disclosure dated August 25. The filing is the latest in a run of buyback-related exchange communications from the company.

Strota's historical base rate for buyback events shows that, across 42 past instances, such events produced a positive reaction 57.1% of the time, with a net edge of 0.374%. Events like this have historically tilted modestly positive, though the sample's edge is small and this is a base rate, not a forecast for this stock.

On fundamentals, the company carried a price-to-earnings of 14.62, a price-to-book of 3.46, earnings per share of 61.48, a market capitalisation of 1092 crore and a dividend yield of 1.67%.

The data establishes that a buyback process is underway and has been repeatedly disclosed, but it does not by itself show how the market will treat the stock. The base rate is only mildly favourable, so the filing is a documented corporate action rather than a confirmed price driver.

The catalyst

Gandhi Special Tubes Limited has informed the Exchange about Copy of Newspaper Publication -Corrigendum to Public Announcement for the Buyback of fully paid-up Equity Shares of Gandhi Special Tubes Limited (filing · NSE)

What the data shows after this event

Across Strota's backtest of past filings, Buyback tends to continue — the move went bullish in about 57.1% of next sessions (net 0.374% after drift and cost, n=42). A base rate, not a forecast for this stock.

GANDHITUBE right now

P/E 14.62. Full GANDHITUBE analysis →

Sources

Keep digging

How this article was made: Strota assembled the exchange data above (prices, F&O open interest, bulk/block deals, SEBI PIT filings, indicator readings and public headlines) and an AI model wrote the narrative strictly from that evidence — it is not permitted to add outside facts or numbers. Every figure comes from the underlying exchange/public data.