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TUBE INVESTMENTS OF INDIA Gains 5%; BSE CAPITAL GOODS Index Up 1.3%
Wed, 9 Oct 12:24

TUBE INVESTMENTS OF INDIA Gains 5%; BSE CAPITAL GOODS Index Up 1.3%Image source: Sakorn BernardaSv/www.istockphoto.com

TUBE INVESTMENTS OF INDIA share price has zoomed 5% and is presently trading at Rs 4,266.0.

Meanwhile, the BSE CAPITAL GOODS index is at 71,649.2 (up 1.3%).

Among the top gainers in the BSE CAPITAL GOODS index today are ABB (up 4.7%) and Siemens (up 4.5%).

Finolex Cables (down 1.2%) and L&T (down 0.2%) are among the top losers today.

Over the last one year, TUBE INVESTMENTS OF INDIA has moved up from Rs 2,928.1 to Rs 4,266.0, registering a gain of Rs 1,337.9 (up 45.7%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,558.7 to 71,649.2, registering a gain of 50.7% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 129.7%), Siemens (up 117.5%) and BHEL (up 110.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,889.5 (up 0.3%).

The top gainers among the BSE Sensex today are Tata Motors (up 2.3%) and Bharti Airtel (up 2.1%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,110.4 (up 0.4%). Shriram Transport and Tata Motors are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,512.4 to 81,889.5, registering a gain of 16,377.1 points (up 25.0%).

TUBE INVESTMENTS OF INDIA Financial Update...

TUBE INVESTMENTS OF INDIA net profit grew 13.0% YoY to Rs 3,138 million for the quarter ended June 2024, compared to a profit of Rs 2,776 million a year ago. Net sales rose 17.5% to Rs 45,779 million during the period as against Rs 38,977 million in April-June 2023.

For the year ended March 2024, TUBE INVESTMENTS OF INDIA reported 2.5% increase in net profit to Rs 11,869 million compared to net profit of Rs 11,584 million during FY23. Revenue of the company grew 12.9% to Rs 168,903 million during FY24.

The current Price to earnings ratio of TUBE INVESTMENTS OF INDIA, based on rolling 12 month earnings, stands at 67.5.


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