TUBE INVESTMENTS OF INDIA share price has zoomed 6% and is presently trading at Rs 3,608.0.
Meanwhile, the BSE CAPITAL GOODS index is at 70,388.3 (up 0.1%).
Among the top gainers in the BSE CAPITAL GOODS index today are ADANI GREEN ENERGY (up 10.0%) and Lakshmi Machine (up 3.0%).
ABB (down 1.0%) and GRINDWELL NORTON (down 0.7%) are among the top losers today.
Over the last one year, TUBE INVESTMENTS OF INDIA has moved up from Rs 3,421.6 to Rs 3,608.0, registering a gain of Rs 186.5 (up 5.4%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 48,868.6 to 70,388.3, registering a gain of 44.0% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 116.0%), Siemens (up 106.8%) and HINDUSTAN AERO. (up 95.6%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 79,550.7 (down 0.9%).
The top losers among the BSE Sensex today are Infosys (down 2.7%) and M&M (down 2.5%). The most traded stocks in the BSE Sensex are MUNDRA PORT & SEZ and Axis Bank.
In the meantime, NSE Nifty is at 24,072.2 (down 0.8%). Infosys and Tech Mahindra are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 79,550.7, registering a gain of 13,376.5 points (up 20.2%).
TUBE INVESTMENTS OF INDIA net profit fell 18.8% YoY to Rs 2,993 million for the quarter ended September 2024, compared to a profit of Rs 3,686 million a year ago. Net sales rose 14.4% to Rs 49,246 million during the period as against Rs 43,056 million in July-September 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 60.3.
Equitymaster requests your view! Post a comment on "TUBE INVESTMENTS OF INDIA Gains 6%; BSE CAPITAL GOODS Index Up 0.1%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!