Tube Investments of India Ltd spurts 0.05%, rises for fifth straight session

Tube Investments of India Ltd gained for a fifth straight session today. The stock is quoting at Rs 2744.6, up 0.05% on the day as on 12:39 IST on the NSE. The benchmark NIFTY is up around 1.01% on the day, quoting at 24014.3. The Sensex is at 77376.07, up 0.97%. Tube Investments of India Ltd has gained around 6.96% in last one month.

Meanwhile, Nifty Auto index of which Tube Investments of India Ltd is a constituent, has gained around 2.41% in last one month and is currently quoting at 25901.9, up 2.51% on the day. The volume in the stock stood at 1.22 lakh shares today, compared to the daily average of 3.75 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 2755.5, up 0.12% on the day. Tube Investments of India Ltd is up 9.36% in last one year as compared to a 5.19% jump in NIFTY and a 29.21% jump in the Nifty Auto index.

The PE of the stock is 38.35 based on TTM earnings ending December 25.