GAIL shares rise 2.48% as Sensex climbs
GAIL (India) Ltd. traded at Rs 161.1 on BSE at 10:10AM (IST) on Wednesday, up 2.48 per cent from previous close.
Want to take exposure to a sector which grows much faster than GDP
The stock quoted a 52-week low price of Rs 91.0 and a high of Rs 171.8.
Earlier, shares of the company saw a gap up opening in the morning.
A total of 472,630 lakh shares changed hands on the counter till 10:10AM (IST).
The stock of GAIL (India) Ltd. commands a market value of Rs 106122.11 crore.
The stock traded at a price-to-earning (P/E) multiple of 20.08, 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, 395 stocks traded in the green, while 105 stocks were in the red.
Promotor Holding Promoters held 51.9 per cent in the GAIL (India) Ltd. as of 31-Dec-2023 while foreign and domestic institutional investors owned 14.24 per cent and 19.36 per cent, respectively.
