Shree Marutinandan Tubes Ltd vs True Colors Ltd Stock Comparison
Shree Marutinandan Tubes Ltd vs True Colors Ltd Stock Comparison
Last Updated on: Oct 27, 2026
Key Highlights
The Latest Trading Price of Shree Marutinandan Tubes Ltd is ₹ 54.9 as of 31 Jul 15:30
. The P/E Ratio of Shree Marutinandan Tubes Ltd is 9.3 as of March 2025
.The P/E Ratio of True Colors Ltd is 0 as of March 2025
. The Market Cap of Shree Marutinandan Tubes Ltd is ₹ 26.11 crore as of March 2025
.The Market Cap of True Colors Ltd is ₹ 0 crore as of March 2025
. The Dividend Payout of Shree Marutinandan Tubes Ltd changed from 0 % on March 2021 to 0 % on March 2026 . This represents a CAGR of 0.0% over 6 yearsThe Dividend Payout of True Colors Ltd changed from 0 % on March 2021 to 0 % on March 2026 . This represents a CAGR of 0.0% over 6 years .
About Shree Marutinandan Tubes Ltd
Shree Marutinandan Tubes Limited was originally incorporated as Private Limited Company in the name and style of 'Shree Marutinandan Tubes Private Limited' on March 12, 2013 with the ROC, Gujarat.
Later, the Promoters converted Private Limited into Public Limited Company, in the name of 'Shree Marutinandan Tubes Limited' vide fresh Certificate of Incorporation dated June 22, 2023.
The Company is engaged in the business of trading of Galvanized Pipe, Electric Resistance Welding Mild Steel (ERW MS) Pipes (round, square and rectangular hollow sections) Black Pipes and Solar Structural Pipes in various specifications, sizes ranging from 15NB to 500 NB. The products have wide application in varied industries like Agriculture, Oil, Public Health, Housing, Irrigation, Engineering, Infrastructural, Industrial etc.
About True Colors Ltd
True Colors Limited was incorporated on October 9, 2021 as 'True Colors Private Limited', a private limited company, pursuant to a certificate of incorporation issued by the Registrar of Companies, Central Registration Centre.
Subsequently, it was converted into a public limited company on March 10, 2025 and consequently the name of the Company was changed to 'True Colors Limited' by the Central Processing Centre.
Company is engaged in the business of import and distribution of digital textile printers and manufacturing and supplying of products related to digital textile printing industry.
In 2022, the Company executed a dealership agreement with Wuxi Pengda and Hangzhou Maxunion - iTTEN under 'True Colors Private Limited' and further executed a dealership agreement with Konica Minolta for supply of digital textile printing machines.
FAQs for the comparison of Shree Marutinandan Tubes Ltd and True Colors Ltd
Which company has a larger market capitalization, Shree Marutinandan Tubes Ltd or True Colors Ltd?
Market cap of Shree Marutinandan Tubes Ltd is 14 Cr while Market cap of True Colors Ltd is 319 Cr
What are the key factors driving the stock performance of Shree Marutinandan Tubes Ltd and True Colors Ltd?
The stock performance of Shree Marutinandan Tubes Ltd and True Colors Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.
What are the recent stock price for Shree Marutinandan Tubes Ltd and True Colors Ltd?
As of October 27, 2026, the Shree Marutinandan Tubes Ltd stock price is INR ₹42.99. On the other hand, True Colors Ltd stock price is INR ₹129.6.
How do dividend payouts of Shree Marutinandan Tubes Ltd and True Colors Ltd compare?
To compare the dividend payouts of Shree Marutinandan Tubes Ltd and True Colors Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.