Tube Investments share price down 1.87 per cent
A total of 5,600 shares changed hands on the counter till 02:09PM (IST).
Shares of traded 1.87 per cent up at Rs 4232.95 at around 02:09PM (IST) on Friday. The stock had closed at Rs 4313.7 in the previous session. Equity benchmark traded 316.14 points lower at 79733.53 around the same time. The scrip has climbed 48.71 per cent in the last one year till date, while the 30-share index has gained 27.3 per cent during the same period.
The stock's 52-week high price stood at Rs 4420.0 and the 52-week low price at Rs 2729.1.
Trading volume on the counter stood at 5,600 shares, while it quoted a price-to-earnings ratio of 68.35, an EPS value of 61.99 and a price-to-book value of 14.15. In the Nifty50 pack, 33 stocks traded in the green, while 17 stocks were in the red.
Promoter/FII Holding
Promoters held 45.1 per cent stake in the company as of 31-Mar-2024, while foreign institutional investors and MF ownership stood at 28.33 per cent and 9.98 per cent, respectively.
Key Financials
For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 4573.48 crore, up 7.48 per cent from the previous quarter's Rs 4255.19 crore and up 19.62 per cent from the year-ago quarter's Rs 3823.42 crore. The company reported net profit of Rs 189.53 crore for the latest quarter.
Technical Indicators
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
The stock's 52-week high price stood at Rs 4420.0 and the 52-week low price at Rs 2729.1.
Trading volume on the counter stood at 5,600 shares, while it quoted a price-to-earnings ratio of 68.35, an EPS value of 61.99 and a price-to-book value of 14.15. In the Nifty50 pack, 33 stocks traded in the green, while 17 stocks were in the red.
Promoter/FII Holding
Promoters held 45.1 per cent stake in the company as of 31-Mar-2024, while foreign institutional investors and MF ownership stood at 28.33 per cent and 9.98 per cent, respectively.
Key Financials
For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 4573.48 crore, up 7.48 per cent from the previous quarter's Rs 4255.19 crore and up 19.62 per cent from the year-ago quarter's Rs 3823.42 crore. The company reported net profit of Rs 189.53 crore for the latest quarter.
Technical Indicators
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
Source: Stocks-Markets-Economic Times
