Share price of GAIL (India) Ltd. rises as Nifty strengthens

Shares of GAIL (India) Ltd. gained 0.89 per cent to Rs 136.15 in Tuesday’s trade as of 10:47AM (IST).

The stock hit a high price of Rs 137.0 and low of Rs 134.15 during the session.

The return on equity (ROE) for the stock stood at 19.12 per cent. Traded volume on the counter stood at 10:47AM shares and turnover at Rs 3.52 crore around that time.

The stock of GAIL (India) Ltd. quoted a 52-week high and 52-week low prices of Rs 157.95 and Rs 78.75, 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 52.12 per cent stake in the company as of 31-Dec-2020, while overseas investors held 15.62 per cent and domestic institutional investors had 19.89 per cent.

Key Financials

The company reported consolidated sales of Rs 15882.82 crore for the quarter ended 31-Dec-2020, up 12.71 per cent from previous quarter’s Rs 14091.23 crore and up 12.15 per cent from the year-ago quarter’s Rs 18078.73 crore.

Net profit after tax for the latest quarter stood at Rs 1883.61 crore, down 6.97 per cent from the same quarter a year ago.

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