Tube Investments Hits 52-Week Low Amid Broader Market Challenges and Declining Performance

Feb 17 2025 09:41 AM IST
share
Share Via
Tube Investments of India has reached a new 52-week low, with its stock price declining during intraday trading. Despite this, the company outperformed its sector slightly today. Over the past year, its stock has decreased significantly, contrasting with broader market gains, while technical indicators suggest a bearish trend.
Tube Investments of India, a prominent player in the engineering sector, has experienced significant activity today, reaching a new 52-week low of Rs. 2515.05. This decline marks a notable moment for the large-cap company, which has seen its stock price decrease by 2.46% during intraday trading.

Despite the downturn, Tube Investments managed to outperform its sector by 0.89% today, highlighting some resilience amid broader market challenges. However, the stock's performance over the past year has been less favorable, with a decline of 30.29%, contrasting sharply with the Sensex's gain of 4.24% during the same period.

In terms of technical indicators, Tube Investments is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the short to medium term. As the company navigates these challenges, its market position remains a focal point for stakeholders in the engineering industry.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News