GAIL shares rise 0.17% as Sensex slides

GAIL shares rise 0.17% as Sensex slides
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Synopsis

A total of 168,238 shares changed hands on the counter till 10:15AM (IST)

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Nifty moved in a tight range of 82 points, and ended slightly below the psychologically crucial level of 15,700.
Shares of the GAIL (India) Ltd. traded at Rs 87.05 on BSE at 10:15AM (IST) on Monday, up 0.17 per cent from previous close.

The stock quoted a 52-week low price of Rs 83.0 and a high of Rs 115.63.

Earlier, shares of the company saw a gap down opening in the morning.

A total of 168,238 lakh shares changed hands on the counter till 10:15AM (IST).

The stock of (India) Ltd. commands a market value of Rs 57137.62 crore.

The stock traded at a price-to-earning (P/E) multiple of 4.27, while the price-to-book value ratio stood at 1.08. Return on equity (ROE) was at 19.11 per cent, according to exchange data.

In the BSE500 pack, 79 stocks traded in the green, while 422 stocks were in the red.

Promotor Holding
Promoters held 51.89 per cent in the GAIL (India) Ltd. as of 30-Jun-2022 while overseas and domestic institutional investors owned 19.92 per cent and 15.29 per cent, respectively.

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