Shares of Tube Investments of India Ltd traded 0.33 per cent up in Monday’s trade at 11:32AM (IST), as Nifty dropped. The stock opened at Rs 3236.55 and reached an intraday high and low of Rs 3236.55 and Rs 3196.6. The stock’s 52-week high and low were recorded at Rs 3737.15 and Rs 2375.05. According to BSE, the company’s total market cap stood at Rs 62170.06 crore. Tube Investments reported consolidated net sales of Rs 3946.14 crore for the quarter ended 30-Jun-2023, showing growth from the previous and year-ago quarters. The net profit for the latest quarter stood at Rs 214.97 crore, up from the same quarter a year ago. Shareholding pattern showed 10.54% stake held by domestic institutional investors, 29.41% by foreign institutional investors, and 45.86% by promoters. The stock traded at a price-to-earnings multiple of 63.87 and a price-to-book ratio of 12.43. The company belongs to the Cycles & Accessories industry.