Tube Investments shares 0.4% as Sensex rises
Tube Investments of India Ltd. traded 0.4 per cent at Rs 3697.55 at 11:48AM (IST) on Monday, even as BSE benchmark Sensex 54.87 points to 81763.99. The stock had settled at Rs 3682.55 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 4807.05 and Rs 3333.90, respectively.
As per BSE data, total traded volume on the counter till 11:48AM (IST) stood at 11:48AM shares with turnover at Rs 0.86 crore.
At the current price, the stock trades at 62.09 times its trailing 12-month EPS of Rs 59.59 per share and 14.15 times its price-to-book value, BSE 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.
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