Share price of Tube Investments falls as Sensex drops 432.29 points
Tube Investments of India Ltd. dropped 1.87 per cent to Rs 4419.0 at 12:26PM (IST) in Thursday's trade. The scrip hit a high of Rs 4511.0 and low of Rs 4397.55 so far during the session. The stock had closed at Rs 4503.6 in the previous session.
The counter had a total traded volume of 12:26PM shares so far with a turnover of Rs 0.48 crore on BSE. The stock traded at a price-to-earnings multiple of 70.63 and a price-to-book ratio of 14.15.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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.
Tube Investments of India Ltd. belongs to the Cycles & Accessories industry.
Stock Trading
Dow Theory Made Easy
By — Vishal Mehta, Independent Systematic Trader
Stock Trading
Market 103: Mastering Trends with RMI and Techno-Funda Insights
By — Rohit Srivastava, Founder- Indiacharts.com
Stock Trading
Stock Investing Made Easy: Beginner's Stock Market Investment Course
By — elearnmarkets, Financial Education by StockEdge
Stock Trading
Macroeconomics Made Easy: Online Certification Course
By — Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant
Stock Trading
Derivative Analytics Made Easy
By — Vivek Bajaj, Co Founder- Stockedge and Elearnmarkets
Stock Trading
Options Trading Course For Beginners
By — Chetan Panchamia, Options Trader
Stock Trading
Mastering
