GAIL shares rise 0.47% as Sensex climbs

GAIL shares rise 0.47% as Sensex climbs
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Synopsis

A total of 358,469 shares changed hands on the counter till 12:56PM (IST)

A broker watches a TV news channel as another monitors share prices at a brokerage firm in MumbaiReuters
On an immediate basis, 15,770/52,500 and 15,850/52,700 levels would be major hurdles.
Shares of the GAIL (India) Ltd. traded at Rs 96.45 on BSE at 12:56PM (IST) on Friday, up 0.47 per cent from previous close.

The scrip 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 up opening in the morning.

A total of 358,469 lakh shares changed hands on the counter till 12:56PM (IST).

The stock of (India) Ltd. commands a market value of Rs 63383.96 crore.

The stock traded at a price-to-earning (P/E) multiple of 5.37, 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, 387 stocks traded in the green, while 114 stocks were in the red.

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