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Tube Investments stock price: Tube Investments stock price fell 0.3% due to fall in Nifty.

Shares of Tube Investments of India Ltd. rose 0.3% to Rs 3800.0 in Wednesday trading. The intraday high was Rs 3898.0 and the lowest was Rs 3743.3.

The stock has a 52-week high of Rs 4,046.9 and a 52-week low of Rs 2,375.05.

As of 1:49 PM IST, the total trading volume was 8,932 shares and the transaction value was Rs 339 crore, according to NSE.

The stock had closed at Rs 3811.75 in the previous session.

The bond has gained 6.66 per cent in the past month to date, while the benchmark BSE Sensex has gained 2.04 per cent in the same period.

According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 78.88 and a price-to-book ratio of 12.43. A higher P/E ratio indicates that investors are willing to pay a higher price for the earnings per rupee that the stock offers due to expectations of better future growth. Price book value represents the intrinsic value of a company and reflects the price investors are prepared to pay even if the company does not grow.

The stock belongs to the Bicycle & Accessories industry. Promoter/FII holdings
The promoters hold 45.85% stake in the company as on September 30, 2023, while FII and MF ownership in the company is 30.42% and 9.14%, respectively.

main financial
The company reported consolidated revenue of Rs 3946.14 crore for the quarter ended June 30, 2023, up 3.21% from Rs 3823.42 crore in the previous quarter and 3.23% up from Rs 3822.83 crore in the year-ago quarter. Its net profit for the latest quarter was Rs 214.97 crore, up 10.49% year-on-year.

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