Tube Investments of India Ltd. traded 1.07 per cent up at Rs 2975.1 at around 01:08PM (IST) on Friday. The stock had closed at Rs 3007.45 in the previous session.
Equity benchmark Sensex traded 316.84 points higher at 65948.41 around the same time.
The scrip has climbed 7.67 per cent in the last one year till date, while the 30-share index has gained 13.58 per cent during the same period.
The stock's 52-week high price stood at Rs 3737.15 and the 52-week low price at Rs 2375.05.
Trading volume on the counter stood at 3,286 shares, while it quoted a price-to-earnings ratio of 59.25, an EPS value of 50.36 and a price-to-book value of 12.43. In the Nifty50 pack, 41 stocks traded in the green, while 9 stocks were in the red.
Promoter/FII Holding Promoters held 46.13 per cent stake in the company as of 30-Jun-2023, while FII and mutual funds' ownership stood at 29.41 per cent and 10.54 per cent, respectively.
Key Financials For the quarter ended 30-Jun-2023, the company reported consolidated sales of Rs 3946.14 crore, up 3.21 per cent from the previous quarter's Rs 3823.42 crore and up 3.23 per cent from the year-ago quarter's Rs 3822.83 crore. The company reported net profit of Rs 214.97 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.
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