Share price of Tube Investments falls as Nifty strengthens

economictimes.indiatimes.com:

Tube Investments of India Ltd. slipped 1.95 per cent to Rs 3929.55 in Monday's trade as of 02:05PM (IST).
The stock hit a high price of Rs 3989.65 and low of Rs 3901.65 during the session.

The return on equity (ROE) for the stock stood at 23.54 per cent. Traded volume on the counter stood at 02:05PM shares and turnover at Rs 2.2 crore around that time.
The stock of Tube Investments of India Ltd. quoted a 52-week high and 52-week low prices of Rs 4666.0 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 45.04 per cent stake in the company as of 30-Jun-2024, while foreign investors held 27.4 per cent and domestic institutional investors had 15.49 per cent.
Key Financials The company reported consolidated sales of Rs 4642.66 crore for the quarter ended 30-Jun-2024, up 1.51 per cent from previous quarter's Rs 4573.48 crore and up 17.65 per cent from the year-ago quarter's Rs 3946.14 crore.
Net profit after tax for the latest quarter stood at Rs 225.23 crore, up 4.77 per cent from the same quarter a year ago.