Share price of Tube Investments falls as Nifty strengthens
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Synopsis
A total of 2,522 shares changed hands on the counter till 01:49PM (IST).
The return on equity (ROE) for the stock stood at 23.54 per cent. Traded volume on the counter stood at 01:49PM shares and turnover at Rs 1.05 crore around that time.
The stock of Tube Investments of India Ltd. quoted a 52-week high and 52-week low prices of Rs 4397.1 and Rs 2729.1, respectively.
The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.62.
Promotor/FII Holding
Stocks Recommendations
The company reported consolidated sales of Rs 4573.48 crore for the quarter ended 31-Mar-2024, up 7.48 per cent from previous quarter's Rs 4255.19 crore and up 19.62 per cent from the year-ago quarter's Rs 3823.42 crore.
Net profit after tax for the latest quarter stood at Rs 189.53 crore, down 39.22 per cent from the same quarter a year ago.
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