Tube Investments of India Ltd soars 1.01%, up for third straight session

Tube Investments of India Ltd rose for a third straight session today. The stock is quoting at Rs 2126.2, up 1.01% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.19% on the day, quoting at 22705.75. The Sensex is at 73291.61, down 0.42%. Tube Investments of India Ltd has dropped around 11.89% in last one month.

Meanwhile, Nifty Auto index of which Tube Investments of India Ltd is a constituent, has dropped around 2.05% in last one month and is currently quoting at 25340.8, up 1.17% on the day. The volume in the stock stood at 81054 shares today, compared to the daily average of 6.23 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 2143.9, up 1.28% on the day. Tube Investments of India Ltd is down 32.3% in last one year as compared to a 12.85% fall in NIFTY and a 4.87% fall in the Nifty Auto index.

The PE of the stock is 49.15 based on TTM earnings ending June 26.

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