Tube Investments Share Price: Tube Investments shares decline 2.74% as Sensex slides

Shares of the Tube Investments of India Ltd. traded at Rs 3813.65 on BSE at 02:14PM (IST) on Wednesday, down 2.74 per cent from previous close.

The stock quoted a 52-week low price of Rs 2375.05 and a high of Rs 4046.9.

Earlier, shares of the company saw a gap down opening in the morning.

A total of 5,245 lakh shares changed hands on the counter till 02:14PM (IST).

The stock of Tube Investments of India Ltd. commands a market value of Rs 74458.67 crore.

The stock traded at a price-to-earning (P/E) multiple of 78.88, while the price-to-book value ratio stood at 12.43. Return on equity (ROE) was at 24.27 per cent, according to exchange data.

In the BSE500 pack, 156 stocks traded in the green, while 344 stocks were in the red. Promotor Holding
Promoters held 46.11 per cent in the Tube Investments of India Ltd. as of 30-Sep-2023 while overseas and domestic institutional investors owned 30.42 per cent and 11.47 per cent, respectively.