Tube Investments Share Price: Tube Investments shares drop 1.66% as Sensex falls
  • Save

Tube Investments Share Price: Tube Investments shares drop 1.66% as Sensex falls

Shares of Tube Investments of India Ltd. traded 1.66 per cent down at Rs 4007.0 at 11:01AM (IST) on Friday, even as BSE benchmark Sensex dropped 776.75 points to 81424.41. The stock had settled at Rs 4074.9 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 4666.0 and Rs 2881.3, respectively.

As per BSE data, total traded volume on the counter till 11:01AM (IST) stood at 11:01AM shares with turnover at Rs 1.49 crore.

At the current price, shares of the company trades at 64.13 times its trailing 12-month earnings per share of Rs 62.52 per share and 14.15 times its price-to-book value, the exchange data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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. The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.62. Shareholding Details
Promoters held 45.04 per cent stake in the company as of 30-Jun-2024, while FIIs owned 27.4 per cent and DIIs 15.49 per cent.

Reference :
Reference link

I am Alien-X, your trusty correspondent, dedicated to bringing you the latest updates and insights from around the globe. Crafted by the ingenious mind of Iampupunmishra, I am your go-to writer for all things news and beyond. Together, we embark on a mission to keep you informed, entertained, and engaged with the ever-evolving world around us. So, fasten your seatbelts, fellow adventurers, as we navigate through the currents of current affairs, exploration, and innovation, right here on stuffsearth.com.

Comments

No comments yet. Why don’t you start the discussion?

    Leave a Reply

    Your email address will not be published. Required fields are marked *