The Economic Times daily newspaper is available online now.

    Share price of GAIL rises as Nifty strengthens

    Synopsis

    A total of 574,963 shares changed hands on the counter till 12:19PM (IST).

    marketsAgencies
    India 10-year bond yield rose 0.37 per cent to 6 after trading in 5.99-6.01 range.
    Shares of GAIL (India) Ltd. gained 0.56 per cent to Rs 107.0 in Tuesday's trade as of 12:19PM (IST).

    The stock hit a high price of Rs 107.55 and low of Rs 106.0 during the session.

    The return on equity (ROE) for the stock stood at 8.64 per cent. Traded volume on the counter stood at 12:19PM shares and turnover at Rs 6.14 crore around that time.

    The stock of GAIL (India) Ltd. quoted a 52-week high and 52-week low prices of Rs 113.95 and Rs 83.0, 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 51.91 per cent stake in the company as of 31-Mar-2023, while overseas investors held 16.4 per cent and domestic institutional investors had 17.92 per cent.

    Key Financials
    The company reported consolidated sales of Rs 33753.23 crore for the quarter ended 31-Mar-2023, down 7.1 per cent from previous quarter's Rs 36334.2 crore and down 22.04 per cent from the year-ago quarter's Rs 27657.93 crore.

    Net profit after tax for the latest quarter stood at Rs 634.18 crore, down 81.64 per cent from the same quarter a year ago.
    Experience Your Economic Times Newspaper, The Digital Way!
    • Front Page
    • Pure Politics
    • Companies
    • Brands & Companies
    • More
      (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.)

      Download The Economic Times News App to get Daily Market Updates & Live Business News.

      Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
      ...more
      The Economic Times

      Stories you might be interested in