Tube Investments shares drop 2.16% as Sensex falls
Tube Investments of India Ltd. traded 2.16 per cent down at Rs 4623.5 at 01:39PM (IST) on Friday, even as BSE benchmark Sensex dropped 787.68 points to 79277.48. The scrip had closed at Rs 4726.0 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 4807.05 and Rs 2885.25, respectively.
As per BSE data, total traded volume on the counter till 01:39PM (IST) stood at 01:39PM shares with turnover at Rs 12.96 crore.
At the current price, the stock trades at 73.86 times its trailing 12-month EPS of Rs 62.52 per share and 14.15 times its price-to-book value, the exchange 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.
Stock Trading
RSI Trading Techniques: Mastering the RSI Indicator
By — Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert
Stock Trading
Options Trading Made Easy: Options Trading Course
By — Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant
Stock Trading
Ichimoku Trading Unlocked: Expert Analysis and Strategy
By — Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert
Stock Trading
Derivative Analytics Made Easy
By — Vivek Bajaj, Co Founder- Stockedge and Elearnmarkets
Stock Trading
Mastering Options Selling: Advanced Strategies for Success
By — CA Manish Singh, Chartered Accountant,
