Share price of Tube Investments falls as Nifty weakens
A total of 2,419 shares changed hands on the counter till 01:40PM (IST).
Shares of slipped 1.51 per cent to Rs 4322.1 in Wednesday's trade as of 01:40PM (IST).The stock hit a high price of Rs 4397.55 and low of Rs 4262.95 during the session.
The return on equity (ROE) for the stock stood at 23.54 per cent. Traded volume on the counter stood at 01:40PM shares and turnover at Rs 1.04 crore around that time.
The stock of quoted a 52-week high and 52-week low prices of Rs 4540.0 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
Promoters held 45.1 per cent stake in the company as of 31-Mar-2024, while foreign investors held 28.33 per cent and domestic institutional investors had 14.8 per cent.
Key Financials
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.
Source: Stocks-Markets-Economic Times
