GAIL share price up 0.31 per cent

economictimes.indiatimes.com:

GAIL (India) Ltd. traded 0.31 per cent up at Rs 115.55 at around 12:58PM (IST) on Monday. The stock had closed at Rs 115.2 in the previous session.

Equity benchmark Sensex traded 215.53 points higher at 65936.78 around the same time. The scrip has climbed 30.46 per cent in the last one year till date, while the 30-share index has gained 13.0 per cent during the same period. The stock's 52-week high price stood at Rs 122.85 and the 52-week low price at Rs 83.0.

Trading volume on the counter stood at 177,549 shares, while it quoted a price-to-earnings ratio of 18.15, an EPS value of 6.32 and a price-to-book value of 1.07. In the Nifty50 pack, 32 stocks traded in the green, while 17 stocks were in the red.Promoter/FII Holding Promoters held 51.91 per cent stake in the company as of 30-Jun-2023, while overseas investor and MF ownership stood at 16.09 per cent and 8.32 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 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, is plotted on top of the MACD to reflect «buy» or «sell» opportunities.