TUBE INVESTMENTS OF INDIA share price has zoomed 4% and is presently trading at Rs 3,579.5.
Meanwhile, the BSE CAPITAL GOODS index is at 66,327.9 (up 0.4%).
Among the top gainers in the BSE CAPITAL GOODS index today are V GUARD IND. (up 7.7%) and SKF India (up 5.3%).
Thermax (down 5.4%) and ADANI GREEN ENERGY (down 3.1%) are among the top losers today.
Over the last one year, TUBE INVESTMENTS OF INDIA has moved up from Rs 3,187.9 to Rs 3,579.5, registering a gain of Rs 391.7 (up 12.3%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 48,474.9 to 66,327.9, registering a gain of 36.8% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 94.0%), HINDUSTAN AERO. (up 93.8%) and Siemens (up 89.7%).
The BSE Sensex is at 77,578.4 (up 0.3%).
The top gainers among the BSE Sensex today are M&M (up 3.1%) and Tech Mahindra (up 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 23,518.5 (up 0.3%). M&M and Tech Mahindra are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,675.9 to 77,578.4, registering a gain of 11,902.5 points (up 18.1%).
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 59.8.
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