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Tube Investments gains 4.5% on higher profits

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BS Reporter Mumbai
Last Updated : Jan 20 2013 | 8:47 PM IST

Tube Investment ends at Rs 32, up 4.5%. The stock witnessed trades of around 80,686 shares at the BSE.

Updated at 1349 hrs

Tube Investments soars on higher net profit. The stock has soared 8.5% to Rs 33.15, and the counter has seen trades of around 59,922 shares so far on the BSE.

According to a release issued by the company to the BSE today, FY09 net profit has surged 28% to Rs 72.18 crore as against Rs 56.50 crore in FY08. Net sales income grew 18% to Rs 2,061 crore from Rs 1,744 crore.

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