Tube Investments hits record high

Cholamandalam Financial Holdings

23/09/2022 09:35

** Shares of metal products maker Tube Investments of India
Ltd  TBEI.NS  rise as much as 4.3% to an all-time high of 2,855
Indian rupees ($35.26)
    ** TBEI lone gainer in Nifty Auto index  .NIFTYAUTO 
    ** More than 342,000 shares change hands by 0824 GMT, 0.8x
30-day avg of over 426,000 shares
    ** Three of the five analysts covering the stock have a
"strong buy" rating, one has "hold," while one rates it at
"sell"; median PT is 2,380 rupees - Refinitiv data
    ** Stock up 56% so far this year, up to last close vs
.NIFTYAUTO's 21.8% gain
($1 = 80.9600 Indian rupees)
 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))