Tube Investments shares 0.02% as Nifty gains

The stock quoted a 52-week high price of Rs 4807.05 and low of Rs 3338.80.

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Shares of Tube Investments of India Ltd. rose 0.02 per cent to Rs 3580.

00 in Thursday's trade. It hit an intraday high of Rs 3590.75 and low of Rs 3511.



70, respectively, during the day. The stock quoted a 52-week high price of Rs 4807.05 and low of Rs 3338.

80. As of 01:18PM (IST), the counter saw total traded volume of 3,452 shares with a traded value of Rs 1.22 crore, according to NSE .

The stock had closed at Rs 3581.00 in the previous session. The scrip has 4.

22 per cent in the past one month till date, while the benchmark BSE Sensex has gained 1.159999966621399 per cent during the same period. Stock Trading Technical Analysis Made Easy: Online Certification Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Technical Trading Made Easy: Online Certification Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Mastering Options Selling: Advanced Strategies for Success By - CA Manish Singh, Chartered Accountant, Professional Equity and Derivative Trader View Program Stock Trading Stock Valuation Made Easy By - Rounak Gouti, Investment commentary writer, Experience in equity research View Program Stock Trading Stock Investing Made Easy: Beginner's Stock Market Investment Course By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading Introduction to Technical Analysis & Candlestick Theory By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading Algo Trading Made Easy By - Vivek Gadodia, Partner at Dravyaniti Consulting and RBT Algo Systems View Program Stock Trading Heikin Ashi Trading Tactics: Master the Art of Trading By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading Complete Guide to Stock Market Trading: From Basics to Advanced By - Harneet Singh Kharbanda, Full Time Trader View Program Stock Trading Market 101: An Insight into Trendlines and Momentum By - Rohit Srivastava, Founder- Indiacharts.

com View Program Stock Trading Ichimoku Trading Unlocked: Expert Analysis and Strategy By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading Renko Chart Patterns Made Easy By - Kaushik Akiwatkar, Derivative Trader and Investor View Program Stock Trading Macroeconomics Made Easy: Online Certification Course By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Stock Trading Cryptocurrency Made Easy: Cryptocurrency Course By - elearnmarkets, Financial Education by StockEdge View Program According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 59.38 while price-to-book ratio stood at 14.15.

A higher P/E ratio shows that investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicates the inherent value of a company and it reflects the price investors are ready to pay even for no growth in a business. The stock belongs to the Cycles & Accessories industry.

Promoter/FII Holding Promoters held 44.7 per cent stake in the company as of 30-Sep-2024, while FII and MF ownership in the firm stood at 28.39 per cent and 9.

52 per cent, respectively. Key Financials The company reported consolidated sales of Rs 4995.2400 crore for the quarter ended 30-Sep-2024, 7.

59 per cent from the previous quarter's Rs 4642.6600 crore and 14.38 per cent from the year-ago quarter's Rs 4367.

2300 crore. Its net for the latest quarter stood at Rs 206.79 crore, 21.

48 per cent from the same quarter a year ago. (You can now subscribe to our ETMarkets WhatsApp channel ).