The counter had a total traded volume of 11:33AM shares so far with a turnover of Rs 15.59 crore on BSE. The stock traded at a price-to-earnings multiple of 8.51 and a price-to-book ratio of 0.7.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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.
Promotor/FII Holding
Promoters held 51.82 per cent stake in the company as of 31-Mar-2021, while overseas investors and domestic institutional investors ownership stood at 15.63 per cent and 19.31 per cent, respectively.
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 the previous quarter’s Rs 14091.23 crore and up 12.15 per cent from the year-ago quarter’s Rs 18078.73 crore.
Its profit for the latest quarter stood at Rs 1883.61 crore, down 6.97 per cent from the same quarter a year ago.
