Tube Investments declines 0.31% as Sensex slides

economictimes.indiatimes.com:

Tube Investments of India Ltd. traded at Rs 3164.75 on BSE at 11:42AM (IST) on Tuesday, down 0.31 per cent from previous close. The scrip quoted a 52-week low price of Rs 1983.25 and a high of Rs 3394.0.

Earlier, the stock saw a gap up opening in the morning. A total of 1,026 lakh shares changed hands on the counter till 11:42AM (IST). The stock of Tube Investments of India Ltd.

commanded a market value of Rs 61020.16 crore, according to BSE. The stock traded at a price-to-earning (P/E) multiple of 64.03, 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, 269 stocks traded in the green, while 232 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 45.86 per cent in Tube Investments of India Ltd. as of 30-Jun-2023 while foreign and domestic institutional investors owned 29.41 per cent and 10.54 per cent, respectively.Moving averages The 200-DMA of the stock stood at 2761.36 on July 25, while the 50-DMA was at 3004.6.