GAIL share price down 1.44 per cent
GAIL (India) Ltd. traded 1.44 per cent up at Rs 229.25 at around 01:07PM (IST) on Wednesday. The stock had closed at Rs 232.6 in the previous session. Equity benchmark Sensex traded 383.81 points lower at 82171.63 around the same time.
The scrip has climbed 88.92 per cent in the last one year till date, while the 30-share index has gained 24.81 per cent during the same period.
The stock's 52-week high price stood at Rs 246.35 and the 52-week low price at Rs 116.2.
Trading volume on the counter stood at 358,140 shares, while it quoted a price-to-earnings ratio of 13.36, an EPS value of 17.17 and a price-to-book value of 1.55. In the Nifty50 pack, 14 stocks traded in the green, while 36 stocks were in the red.
Promoter/FII Holding Promoters held 51.92 per cent stake in the company as of 30-Jun-2024, while overseas investor and mutual funds' ownership stood at 15.2 per cent and 9.33 per cent, respectively.
Key Financials For the quarter ended 30-Jun-2024, the company reported consolidated sales of Rs 34958.32 crore, up 5.96 per cent from the previous quarter's Rs 32992.84 crore and up 6.13 per cent from the year-ago quarter's Rs 32940.64 crore. The company reported net profit of Rs 3182.93 crore for the latest quarter.
Technical Indicators The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line,
