The counter opened at Rs 161.15 and touched an intraday high and low of Rs 161.7 and Rs 153.35, respectively, in the session so far. The stock of GAIL (India) Ltd. quoted a 52-week high of Rs 165.7 and a 52-week low of Rs 80.5.
Total market cap of the GAIL (India) Ltd. stood at Rs 68515.14 crore at the time of writing this report.
Key Financials
The company reported consolidated net 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.
The net profit for latest quarter stood at Rs 1883.61 crore, down 6.97 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2021, DIIs held 8.52 per cent stake in the company, while foreign institutional investors held 15.63 per cent and the promoters 51.82 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 8.18 and a price-to-book ratio of 0.7. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
GAIL (India) Ltd. belongs to the Gas Distribution industry.
