Tube Investments stock price down 1.26 per cent as Sensex slides
Tube Investments of India Ltd. fell 1.26 per cent to Rs 2815.0 at 10:40AM hours (IST) on Monday. Earlier in the day, the stock saw a gap down start to the session.
As per data available on BSE, total traded quantity on the counter stood at 4,125 shares with a turnover of Rs 117.0 crore till 10:40AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 56.61, while the price-to-book value ratio stood at 12.43. Return on equity (ROE) was at 24.27 per cent, according to exchange data.
The stock hit an intraday high of Rs 2877.4 and a low of Rs 2810.9 during the session and quoted a 52-week high price of Rs 3394.0 and a 52-week low of Rs 2035.0. The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.62.Technical Indicators The 200-DMA (day moving average) of the stock stood at Rs 2782.36 on August 14, while the 50-DMA was at Rs 3075.93. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.
On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way. The Relative Strength Index (RSI) of the stood at 28.01.
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