Strota/ Newsroom/ 2026-08-26

GANDHITUBE (GANDHITUBE): Buyback

Strota Newsroom · session of 2026-08-26 · 25 Aug 20:08 · GANDHITUBE stock page →

Gandhi Special Tubes Limited has informed the Exchange about Buyback- Update regarding the Buyback Offer of up to 8,68,1… Historically, buyback events have moved GANDHITUBE-type stocks in the bullish direction 57.1% of the next sessions (n=42).

Gandhi Special Tubes has informed the exchange about the buyback offer of up to 8,68,100 fully paid-up equity shares of face value ₹5 each, at a price of ₹900 per equity share, through the tender-offer route — with the letter of offer and tender form now circulated. The disclosure is a concrete, shareholder-return event rather than a vague intent.

Buybacks of this kind have a constructive historical record across many past stocks tracked by Strota. Events like this have historically produced a positive reaction 57.1% of the time, based on a sample of 42 instances, with a net edge of 0.374%. That base rate is favourable, but it describes the average outcome across many names and is not a prediction for this stock.

The company's own footprint supports a measured read. Gandhi Special Tubes carries a market capitalisation of ₹1,096 crore and trades at a price-to-earnings multiple of 14.66, a price-to-book multiple of 3.47 and earnings per share of 61.48, with a dividend yield of 1.66%. Earnings headlines in the pack are mixed — one notes Q2 revenue growth of 11.15% year-on-year, another flags a 21% fall in Q4 net profit to ₹9.4 crore — but none contradicts the buyback.

The data does not establish how the tender will be received, and the base rate is explicitly a historical average, not a forecast. What it shows is a profitable, conservatively valued tubes maker returning cash to shareholders at ₹900 a share, against a backdrop where similar buybacks have historically tilted positive.

The catalyst

Gandhi Special Tubes Limited has informed the Exchange about Buyback- Update regarding the Buyback Offer of up to 8,68,100 fully paid-up Equity Shares of Face Value of Rs. 5/- each of Gandhi Special Tubes Limited ( the Company ) at a price of INR 900/- per Equity Share through tender offer route ( Buyback Offer ) -Copy of Letter of Offer and Tender Form (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 14.66. 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.