Tube Investments rises 0.67% as Sensex climbs
The stock traded at a P/E multiple of 52.32, while the price-to-book value ratio stood at 12.43.
Shares of traded at Rs 3658.2 on at 12:58PM (IST) on Monday, up 0.67 per cent from previous close.The scrip quoted a 52-week low price of Rs 2514.85 and a high of Rs 4120.8.
Earlier, the stock saw a gap up opening in the morning.
A total of 5,624 lakh shares changed hands on the counter till 12:58PM (IST).
The stock of commanded a market value of Rs 70276.56 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 52.32, 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, 288 stocks traded in the green, while 212 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 0.62.
Promotor/FII Holding
Promoters held 44.83 per cent in . as of 31-Mar-2024 while foreign and domestic institutional investors owned 28.32 per cent and 9.98 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 3380.13 on April 29, while the 50-DMA was at 3601.0. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
Source: Stocks-Markets-Economic Times
