Tube Investments shares gain 1.87% as Sensex rises
A total of 3,292 shares changed hands on the counter till 10:15AM (IST)
Shares of traded 1.87 per cent up at Rs 4407.05 at 10:15AM (IST) on Tuesday, even as benchmark gained 197.71 points to 80158.09. The stock had settled at Rs 4326.05 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 4540.0 and Rs 2729.1, respectively.
As per BSE data, total traded volume on the counter till 10:15AM (IST) stood at 10:15AM shares with turnover at Rs 1.46 crore.
At the current price, the stock trades at 70.96 times its trailing 12-month EPS of Rs 61.99 per share and 14.15 times its price-to-book value, the exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.62.
Shareholding Details
Promoters held 45.1 per cent stake in the company as of 31-Mar-2024, while FIIs owned 28.33 per cent and DIIs 14.8 per cent.
Source: Stocks-Markets-Economic Times
