Share price of GAIL rises as Nifty weakens
GAIL (India) Ltd. gained 0.3 per cent to Rs 180.9 in Thursday's trade as of 11:21AM (IST).
The stock hit a high price of Rs 182.0 and low of Rs 177.7 during the session.
The return on equity (ROE) for the stock stood at 8.64 per cent. Traded volume on the counter stood at 11:21AM shares and turnover at Rs 7.88 crore around that time.
The stock of GAIL (India) Ltd. quoted a 52-week high and 52-week low prices of Rs 187.8 and Rs 93.15, respectively.
The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.91.
Promotor/FII Holding Promoters held 51.9 per cent stake in the company as of 31-Dec-2023, while FIIs held 14.24 per cent and domestic institutional investors had 19.36 per cent.
Key Financials The company reported consolidated sales of Rs 35111.76 crore for the quarter ended 31-Dec-2023, up 5.79 per cent from previous quarter's Rs 33191.03 crore and up 3.36 per cent from the year-ago quarter's Rs 36334.2 crore.
Net profit after tax for the latest quarter stood at Rs 3194.62 crore, up 672.09 per cent from the same quarter a year ago.
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