3 days Ago
NEW DELHI: Shares of Tube Investments of India Ltd. traded 1.01 per cent down in Monday's trade at 12:47PM (IST).
Around 2,240 shares changed hands on the counter. The counter opened at Rs 4119.95 and touched an intraday high and low of Rs 4130.
25 and Rs 4055.95, respectively, in the session so far. Shares of the company of Tube Investments of India Ltd.
quoted a 52-week high of Rs 4666.0 and a 52-week low of Rs 2881.3.
As per BSE , the total market cap of the Tube Investments of India Ltd . stood at Rs 79841.11 crore at the time of writing this report.
Key Financials The company reported consolidated sales of Rs 4642.66 crore for the quarter ended 30-Jun-2024, up 1.51 per cent from previous quarter's Rs 4573.
48 crore and up 17.65 per cent from the year-ago quarter's Rs 3946.14 crore.
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Shareholding pattern As of 30-Jun-2024, domestic institutional investors held 10.36 per cent stake in the firm, while foreign institutional investors held 27.41 per cent and the promoters 44.
78 per cent. Valuation ratio According to BSE data, the stock traded at a price-to-earnings multiple of 66.03 and a price-to-book ratio of 14.
15. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Tube Investments of India Ltd . belongs to the Cycles & Accessories industry. (You can now subscribe to our ETMarkets WhatsApp channel ).
