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GAIL (India) Ltd spurts 2.96%, gains for five straight sessions

Capital Market 

GAIL (India) Ltd is quoting at Rs 130.5, up 2.96% on the day as on 12:49 IST on the NSE. The stock is down 32.68% in last one year as compared to a 3.9% fall in NIFTY and a 4.24% fall in the Nifty Energy.

GAIL (India) Ltd rose for a fifth straight session today. The stock is quoting at Rs 130.5, up 2.96% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.05% on the day, quoting at 11023.5. The Sensex is at 37331.53, up 0.05%. GAIL (India) Ltd has dropped around 9% in last one month.

Meanwhile, Nifty Energy index of which GAIL (India) Ltd is a constituent, has dropped around 5.9% in last one month and is currently quoting at 14564.5, up 0.26% on the day. The volume in the stock stood at 84.71 lakh shares today, compared to the daily average of 82.23 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 130.65, up 2.83% on the day. GAIL (India) Ltd is down 32.68% in last one year as compared to a 3.9% fall in NIFTY and a 4.24% fall in the Nifty Energy index.

The PE of the stock is 8.95 based on TTM earnings ending June 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, August 16 2019. 13:00 IST
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