Shutterstock.comThe share price of (India) Ltd. gained 1.93 per cent to Rs 142.25 at 10:51AM (IST) in Monday's trade. The counter has hit a high of Rs 142.3 and low of Rs 139.55 so far during the session. The stock had closed at Rs 139.55 in the previous session.
The counter has had a total traded volume of 341412 shares so far with a value of Rs 4.82 crore on the NSE. It traded at a price-to-earnings multiple of 6.71 and a price-to-book ratio of 1.13.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 7.2 per cent during the past one year, while the 30-share index advanced 32.18 per cent during the same period.
GAIL (India) Ltd. belongs to the Gas Distribution industry.
Promotor/FII Holding
Promoters held 51.45 per cent stake in the company as of 30-Sep-2021, while FIIs and domestic institutional investors ownership stood at 18.22 per cent and 9.1 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 22056.21 crore for the quarter ended 30-Sep-2021, up 24.72 per cent from the previous quarter's Rs 17685.24 crore and up 56.52 per cent from the year-ago quarter's Rs 14091.23 crore.
Profit for the latest quarter stood at Rs 2883.3 crore, up 159.34 per cent from the same quarter a year ago.
The counter has had a total traded volume of 341412 shares so far with a value of Rs 4.82 crore on the NSE. It traded at a price-to-earnings multiple of 6.71 and a price-to-book ratio of 1.13.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 7.2 per cent during the past one year, while the 30-share index advanced 32.18 per cent during the same period.
GAIL (India) Ltd. belongs to the Gas Distribution industry.
Promotor/FII Holding
Promoters held 51.45 per cent stake in the company as of 30-Sep-2021, while FIIs and domestic institutional investors ownership stood at 18.22 per cent and 9.1 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 22056.21 crore for the quarter ended 30-Sep-2021, up 24.72 per cent from the previous quarter's Rs 17685.24 crore and up 56.52 per cent from the year-ago quarter's Rs 14091.23 crore.
Profit for the latest quarter stood at Rs 2883.3 crore, up 159.34 per cent from the same quarter a year ago.
Pick the best companies to invest
BECOME AN ETPRIME MEMBERRead More News on
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Pick the best stocks for yourself
Powered by