GAIL rises 3.43% as Sensex climbs
GAIL (India) Ltd. traded at Rs 156.65 on BSE at 10:05AM (IST) on Tuesday, up 3.43 per cent from previous close.
The stock quoted a 52-week low price of Rs 90.7 and a high of Rs 157.75.
Earlier, the stock saw a gap up opening in the morning.
A total of 1,385,871 lakh shares changed hands on the counter till 10:05AM (IST).
The stock of GAIL (India) Ltd.
commanded a market value of Rs 102998.94 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 19.49, while the price-to-book value ratio stood at 1.07. Return on equity (ROE) was at 8.64 per cent, according to exchange data.
In the BSE500 pack, 363 stocks traded in the green, while 138 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 0.91.
Promotor/FII Holding Promoters held 51.52 per cent in GAIL (India) Ltd.
as of 30-Sep-2023 while foreign and domestic institutional investors owned 14.65 per cent and 8.83 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 116.78 on December 26, while the 50-DMA was at 130.86. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward.
