Tube Investments shares drop 1.15% as Sensex falls

economictimes.indiatimes.com:

Tube Investments of India Ltd. traded 1.15 per cent down at Rs 3523.95 at 11:06AM (IST) on Wednesday, even as BSE benchmark Sensex dropped 115.87 points to 73561.26. The stock had closed at Rs 3565.05 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 4120.8 and Rs 2432.0, respectively.

As per BSE data, total traded volume on the counter till 11:06AM (IST) stood at 11:06AM shares with turnover at Rs 0.98 crore.
At the prevailing price, the stock trades at 51.88 times its trailing 12-month earnings per share of Rs 68.32 per share and 12.43 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.62.
Shareholding Details Promoters held 45.1 per cent stake in the company as of 31-Dec-2023, while FIIs owned 28.83 per cent and DIIs 14.13 per cent.