Tube Investments Share Price: How Are EVs, Semiconductors and Other Businesses Shaping Its Growth?
India, Sept. 25 -- The shares of this mid cap company, majorly engaged in manufacturing a wide range of products for major industries such as Automotive, Railway, Construction, Mining and many more, were in focus.
With the market capitalization of Rs. 48,800 Crores, the shares of Tube Investments of India Ltd were trading at around Rs. 2,521 per share, which is x percent discount from its 52-week high of Rs. 3,335 per share and is trading at a P/E of 77.9, whereas industry P/E stands at 30.5.
TII Standalone and Consolidated Performance
At the standalone level, Tube Investments of India reported revenue of Rs. 2,366 crore, up from Rs. 2,007 crore. However, PBT stood at Rs. 213 crore compared with Rs. 222 crore in the same period.
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