Tube Investments shares rise 2.12 per cent in Thursday's trading session

economictimes.indiatimes.com:

Tube Investments of India Ltd. rose 2.12 per cent to Rs 4169.0 in Thursday's trade as of 12:02PM (IST) even as the benchmark Nifty ruled at 23399.6, up 76.65 points.
The scrip had closed at Rs 4082.15 in the previous session. The stock quoted a 52-week low of Rs 2729.1 and a high of Rs 4268.4. The company quoted a market-cap of Rs 80049.18 crore on the BSE.

On BSE, 2,379 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 66.77 times its trailing 12-month EPS of Rs 61.99 per share and 14.15 times its book value. The return on equity (ROE) stood at Rs 23.54.
Key Financials For the quarter ended 31-Mar-2024, Tube Investments of India Ltd. reported consolidated sales of Rs 4573.48 crore, up 19.62 per cent from the same quarter a year ago. The company reported 39.22 per cent YoY de-growth in net profit at Rs 189.53 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Thursday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.