GAIL share price down 3.55 per cent
GAIL (India) Ltd. traded 3.55 per cent up at Rs 124.65 at around 01:59PM (IST) on Friday. The stock had closed at Rs 129.25 in the previous session.
Equity benchmark Sensex traded 216.4 points lower at 65412.84 around the same time.
The scrip has climbed 42.54 per cent in the last one year till date, while the 30-share index has gained 13.52 per cent during the same period.
The stock's 52-week high price stood at Rs 132.45 and the 52-week low price at Rs 84.15.
Trading volume on the counter stood at 714,115 shares, while it quoted a price-to-earnings ratio of 19.59, an EPS value of 6.32 and a price-to-book value of 1.07. In the Nifty50 pack, 11 stocks traded in the green, while 39 stocks were in the red.
Promoter/FII Holding Promoters held 51.91 per cent stake in the company as of 30-Sep-2023, while overseas investor and MF ownership stood at 14.76 per cent and 8.9 per cent, respectively.
Key Financials For the quarter ended 30-Jun-2023, the company reported consolidated sales of Rs 33000.79 crore, down 2.23 per cent from the previous quarter's Rs 33753.23 crore and down 13.13 per cent from the year-ago quarter's Rs 37987.96 crore. The company reported net profit of Rs 1791.85 crore for the latest quarter.
Technical Indicators The MACD signalled a bullish 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, is plotted on top of the MACD to reflect «buy» or «sell» opportunities.
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