Tube Investments of India Ltd is up for a third straight session in a row. The stock is quoting at Rs 3217.9, up 2.11% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.43% on the day, quoting at 24976.45. The Sensex is at 81456.46, up 0.44%. Tube Investments of India Ltd has risen around 7.24% in last one month.
Meanwhile, Nifty Auto index of which Tube Investments of India Ltd is a constituent, has risen around 13.29% in last one month and is currently quoting at 27182.5, down 1.12% on the day. The volume in the stock stood at 2.91 lakh shares today, compared to the daily average of 4.13 lakh shares in last one month.
The benchmark September futures contract for the stock is quoting at Rs 3229.8, up 1.95% on the day. Tube Investments of India Ltd is down 17.9% in last one year as compared to a 0.23% spurt in NIFTY and a 6.49% spurt in the Nifty Auto index.
The PE of the stock is 46.06 based on TTM earnings ending June 25.