Tube Investments of India is currently trading at Rs. 612.75, up by 4.60 points or 0.76% from its previous closing of Rs. 608.15 on the BSE.
The scrip opened at Rs. 618.20 and has touched a high and low of Rs. 626.75 and Rs. 612.75 respectively. So far 5690 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 685.00 on 03-Nov-2016 and a 52 week low of Rs. 352.00 on 25-Feb-2016.
Last one week high and low of the scrip stood at Rs. 626.75 and Rs. 575.00 respectively. The current market cap of the company is Rs. 11508.69 crore.
The promoters holding in the company stood at 49.91%, while institutions and non-institutions held 27.34% and 22.75% respectively.
Tube Investments of India has reported 67.40% rise in its net profit at Rs 27.47 crore for the quarter ended December 31, 2016, as compared to Rs 16.41 crore for the same quarter in the previous year. Total income of the company increased by 8.29% at Rs 1049.61 crore for the quarter under review as compared Rs 969.22 crore for the corresponding quarter previous year.
Tube Investments of India is the flagship company of the Murugappa Group with multiple businesses ranging from diversified auto-ancillary products, bicycle retailing to financial services and insurance.