GAIL share price has zoomed 5% and is presently trading at Rs 126.
Meanwhile, the BSE OIL & GAS Index is at 14,614 (up 2.9%).
Among the top Gainers in the BSE OIL & GAS Index today are GAIL (up 5.0%) and OIL INDIA (up 8.8%).
CASTROL INDIA (down 0.8%) is among the top loser today.
Over the last one year, GAIL has moved up from Rs 116 to Rs 126, registering a gain of Rs 10 (up 8.5%).
On the other hand, the BSE OIL & GAS has moved down from 14,799 to 14,614, loss of 185 points (down 1.3%) during the last 12 months.
The top buzzing stocks among the BSE OIL & GAS Index stocks during this same period were RELIANCE IND. (up 30.6%), INDRAPRASTHA GAS (up 18.0%) and GAIL (up 8.5%).
VIDEO OUT: Rahul Shah's FREE Automatic Income Masterclass
The BSE Sensex is at 46,298 (up 0.7%).
The top gainers among the BSE Sensex stocks today are ONGC (up 10.0%), NTPC (up 3.3%) and ITC (up 1.9%). Other gainers include TATA STEEL (up 1.8%) and L&T (up 1.7%). The most traded stocks in the BSE Sensex are ONGC and ITC.
In the meantime, NSE Nifty is at 13,574 (up 0.7%). The top gainers in the NSE Nifty include ONGC (up 10.0%), GAIL (up 6.3%) and NTPC (up 4.5%). Other gainers include COAL INDIA (up 3.4%) and UPL (up 2.9%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 40,487 to 46,298, registering a gain of 5,811 points (up 14.30%).
GAIL net profit down at Rs 12 billion for the quarter ended September 2020, compared to a loss of Rs 13 billion a year ago. Net Sales declined 23.2% to Rs 136.4 billion during the period as against Rs 177.7 billion in July-September 2019.
For the year ended March 2020, GAIL reported 25.8% increase in net profit to Rs 72.7 billion compared to net profit of Rs 57.8 billion during FY19.
Revenue of the company grew 4.8% to Rs 726 billion during FY20.
The current Price to earnings ratio of GAIL, based on rolling 12 month earnings, stands at 9.9x.>
What else is happening in the markets today? Dig in...
ECLERX SERVICES share price has hit a 52-week high. It is presently trading at Rs 832. BSE 500 Index is up by 0.5% at 17,814. Within the BSE 500, ECLERX SERVICES (up 4.0%) and TVS SRICHAKRA (up 9.8%) are among the top gainers, while top losers are CORPORATION BANK and YES BANK.
Dec 11, 2020 11:28 AMRAIL VIKAS NIGAM share price is trading up by 5% and its current market price is Rs 23. The BSE CAPITAL GOODS is up by 0.4%. The top gainers in the BSE CAPITAL GOODS Index are RAIL VIKAS NIGAM (up 5.3%) and KALPATARU POWER (up 7.0%). The top losers are BHARAT ELECTRONICS (down 0.1%) and SCHAEFFLER INDIA (down 0.5%).
Dec 11, 2020 11:16 AMSADBHAV ENGINEERING share price is trading up by 8% and its current market price is Rs 67. The BSE CAPITAL GOODS is up by 0.4%. The top gainers in the BSE CAPITAL GOODS Index are SADBHAV ENGINEERING (up 8.3%) and KALPATARU POWER (up 6.7%). The top losers are THERMAX and SCHAEFFLER INDIA (down 0.5%).
Dec 11, 2020 11:06 AMSAIL share price is trading up by 5% and its current market price is Rs 59. The BSE METAL is up by 1.8%. The top gainers in the BSE METAL Index is SAIL (up 5.2%).
Dec 11, 2020 10:56 AMONGC share price is trading up by 10% and its current market price is Rs 101. The BSE OIL & GAS is up by 3.1%. The top gainers in the BSE OIL & GAS Index is ONGC (up 10.0%). The top losers is CASTROL INDIA (down 1.0%).
Dec 11, 2020 09:30 amAsian stock markets are trading mixed as investors weighed prospects for a stimulus deal in Washington against disappointing US jobs data.
View More Indian Share Market NewsA great way to invest in defence tech startups without risking your money in unlisted companies or penny stocks.
Nov 30, 2020The assassination of Iran's top nuclear scientist could give us a great trading opportunity.
Dec 1, 2020Why the bulls will earn more profits.
Dec 3, 2020It's unfortunate it took event like Covid for people to realise their idea of a 'set' life, centered around their current job, is only as stable as a house of cards.
More
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!