Business & Investment

GAIL’s stock price: When Nifty falls, GAIL’s stock price goes down

At 2:09 pm (IST) trading on Monday, (India) Ltd. Stock price fell 1.63% to 130.1 rupees. During the session, the highest was 133.8 rupees and the lowest was 126.85 rupees.

Shares were high at Rs 171.35 for 52 weeks and low at Rs 112.55. Return on equity of shares was 11.53%. So far, about 871,508 shares have been replaced at the counter.

The beta value of the stock, which measures its volatility in relation to the wider market, was 0.91.



Scrip has increased by 8.64% and performance has declined, compared to an increase of 29.53% over the past year. Sensex..

technical

On the technical chart, the 200-day moving average (DMA) of the stock price on December 6 was 112.55 rupees, while the 50-DMA was 149.39 rupees. If stocks are traded well above 50-DMA and 200-DMA, it usually means that the immediate trend is on the rise. On the other hand, if the stock is trading well below both 50-DMA and 200-DMA, it is considered a bearish trend, and if it is trading between these averages, the stock is in either direction. Suggests that you can also proceed.

Promoter / FII Holding

The promoter is GAIL (India) Ltd as of September 30, 2021. Has a 51.45% stake in. Investment trusts and foreign institutional investors held 9.1% and 18.22% stakes.

GAIL’s stock price: When Nifty falls, GAIL’s stock price goes down

https://economictimes.indiatimes.com/markets/stocks/stock-watch/shares-of-gail-fall-as-nifty-drops/articleshow/88120661.cms GAIL’s stock price: When Nifty falls, GAIL’s stock price goes down

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