Business & Investment

GAIL’s share price: GAIL’s share price fell 2.03% due to Nifty’s fall

New Delhi: (India) Ltd. trading at 1:08 pm (IST) on Friday. Stocks fell 2.03%. About 320,981 shares were replaced at the counter.

The counter opened at 134.0 rupees and touched the daytime highs and lows of 134.15 rupees and 129.8 rupees respectively in previous sessions. GAIL (India) Ltd. The company’s stock had a 52-week high of Rs 171.35 and a 52-week low of Rs 119.0.

according to BSE, GAIL (India) Ltd. Market capitalization was Rs57725.01 Clore at the time of writing this report.



Major finances

The company reported consolidated net sales of Rs 22056.21 for the quarter ended September 30, 2021, an increase of 24.72% from Rs 17685.24 in the previous quarter and an increase of 56.52% from Rs 14091.23 in the same period last year.

Net income for the latest quarter was Rs 288.33 billion, an increase of 159.34 percent from the corresponding quarter last year.

Stock holding pattern

As of September 30, 2021, domestic institutional investors had a 9.1% stake in the company, foreign institutional investors had an 18.22% stake, and promoters had a 51.45% stake.

Evaluation rate

According to BSE data, the price-to-book value ratio is 6.15 and the price-to-book value ratio is 1.13. A high rate of return on stock prices indicates that investors are willing to pay higher prices as they raise expectations for future growth. The price-to-book value ratio is a measure of a company’s unique value and a price that investors are ready to pay even if the business is not growing.

GAIL (India) Ltd. Belongs to the gas distribution industry.

GAIL’s share price: GAIL’s share price fell 2.03% due to Nifty’s fall

https://economictimes.indiatimes.com/markets/stocks/stock-watch/gail-shares-down-2-03-as-nifty-drops/articleshow/88470742.cms GAIL’s share price: GAIL’s share price fell 2.03% due to Nifty’s fall

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