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GAIL (India) Ltd rises for third straight session

GAIL (India) Ltd is quoting at Rs 127.65, up 3.07% on the day as on 12:54 IST on the NSE. The stock is down 32.78% in last one year as compared to a 3.3% slide in NIFTY and a 4.63% slide in the Nifty Energy index.

GAIL (India) Ltd is up for a third straight session today. The stock is quoting at Rs 127.65, up 3.07% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.47% on the day, quoting at 11057.45. The Sensex is at 37402.85, down 0.48%. GAIL (India) Ltd has slipped around 12.27% in last one month.

Meanwhile, Nifty Energy index of which GAIL (India) Ltd is a constituent, has slipped around 5.26% in last one month and is currently quoting at 14155.4, up 3.14% on the day. The volume in the stock stood at 144.41 lakh shares today, compared to the daily average of 71.61 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 127.65, up 2.61% on the day. GAIL (India) Ltd is down 32.78% in last one year as compared to a 3.3% slide in NIFTY and a 4.63% slide in the Nifty Energy index.

The PE of the stock is 8.96 based on TTM earnings ending March 19.

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