TUBE INVESTMENTS OF INDIA share price has plunged 4% and is presently trading at Rs 4,183.1.
Meanwhile, the BSE CAPITAL GOODS index is at 68,207.8 (down 0.5%).
Among the top losers in the BSE CAPITAL GOODS index today are ABB (down 3.8%) and V GUARD IND. (down 2.2%).
Bharat Forge (up 1.5%) and Graphite India (up 1.1%) are among the top gainers today.
Over the last one year, TUBE INVESTMENTS OF INDIA has moved up from Rs 3,114.5 to Rs 4,183.1, registering a gain of Rs 1,068.7 (up 34.3%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 45,514.4 to 68,207.8, registering a gain of 49.9% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 128.3%), Bharat Electronics (up 113.3%) and Siemens (up 107.6%).
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The BSE Sensex is at 78,715.6 (down 0.1%).
The top losers among the BSE Sensex today are MUNDRA PORT & SEZ (down 2.4%) and ITC (down 1.0%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 23,981.1 (down 0.1%). Coal India and MUNDRA PORT & SEZ are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 63,591.3 to 78,715.6, registering a gain of 15,124.2 points (up 23.8%).
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 69.9.
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