Midcap Consumer Durable Stock To Trade Ex-Dividend Next Week, Soars More Than 850% In 5 Yrs

Tube Investments Of India Ltd. on 03 February 2023 declared an Interim Dividend and fixed the record Date of the declared Dividend. It is a midcap Consumer Durable Sector company of the Murugappa Group with a market capitalisation of Rs 50,392.71 crore. The company is one of India's leading manufacturers of a wide range of products for major industries such as Automotive, Construction, railways, Agriculture, Mining, etc. Below are key details about the stock:

Tube Investments Of India Ltd. Stock Performance & Dividend History

The stock of Tube Investments Of India is currently trading at Rs 2,608.30 apiece on NSE down 2.39% from the previous close. In a week it has fallen 0.07%. In 1 month it has fallen 3.6% and in 3 months it has fallen 9.44%, respectively. The stock gave 44.75% positive return in 1 year. The stock in the past 3 years gave a robust 395.16% positive return and in 5 years 884.71% positive return, respectively.

The stock recorded its 52 week high on 20 December 2022 at Rs 3,046.20 apiece and 52 week low on 9 March 2022 at Rs 1,441.95 apiece, respectively. Since February 2018, the stock has declared 10 Dividends, which include 4 Final Dividends and 6 Interim Dividends.

Tube Investments Of India Ltd. Declares Interim Dividend

According to the company's filing to exchange on February 03, 2023, "Payment of an lnterim Dividend at Rs. 2/- (Rupees Two only) per equity share of the face value of Re.1/- each of the Company [ISlN: 1NE974X01010] for the financial year ending 31st March 2023. The Record Date for determining the members eligible to receive the aforesaid Interim Dividend was fixed as Wednesday, 15th February 2023. The lnterim Dividend will be paid on or before Tuesday, 28th February 2023."

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