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GAIL shares drop 0.72% as Sensex rises

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June 26, 2024
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GAIL shares  drop  0.72% as Sensex  rises
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Shares of GAIL (India) Ltd. traded 0.72 per cent down at Rs 211.55 at 01:44PM (IST) on Wednesday, even as BSE benchmark Sensex gained 497.46 points to 78550.98. The scrip had closed at Rs 213.1 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 233.0 and Rs 103.55, respectively.

As per BSE data, total traded volume on the counter till 01:44PM (IST) stood at 01:44PM shares with turnover at Rs 13.73 crore.

At the prevailing price, the stock trades at 14.14 times its trailing 12-month EPS of Rs 15.06 per share and 1.55 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business. The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.91. Shareholding Details
Promoters held 51.9 per cent stake in the company as of 31-Mar-2024, while FIIs owned 14.17 per cent and DIIs 19.56 per cent.

Tags: BSEDropgailgail (india) ltdgail indiagail ltdGAIL share priceNiftynserisessensexsharesStocks in news
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