Tube Investments Share Worth: Share worth of Tube Investments falls as Nifty strengthens

Shares of Tube Investments of India Ltd. slipped 0.28 per cent to Rs 3004.0 in Tuesday’s commerce as of 12:33PM (IST).

The inventory hit a excessive worth of Rs 3040.0 and low of Rs 2988.6 in the course of the session.

The return on fairness (ROE) for the inventory stood at 24.27 per cent. Traded quantity on the counter stood at 12:33PM shares and turnover at Rs 0.89 crore round that point.

The inventory of Tube Investments of India Ltd. quoted a 52-week excessive and 52-week low costs of Rs 3737.15 and Rs 2375.05, respectively.

The Beta worth of the counter, which measures its volatility in relation to the broader market, stood at 0.62.

Promotor/FII Holding
Promoters held 46.13 per cent stake within the firm as of 30-Jun-2023, whereas FIIs held 29.41 per cent and home institutional traders had 12.25 per cent.

Key Financials
The corporate reported consolidated gross sales of Rs 3946.14 crore for the quarter ended 30-Jun-2023, up 3.21 per cent from earlier quarter’s Rs 3823.42 crore and up 3.23 per cent from the year-ago quarter’s Rs 3822.83 crore.

Internet revenue after tax for the newest quarter stood at Rs 214.97 crore, up 10.49 per cent from the identical quarter a 12 months in the past.

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