The counter had a total traded volume of 10:56AM shares so far with a turnover of Rs 10.87 crore on BSE. The stock traded at a price-to-earnings multiple of 8.53 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 51.83 per cent stake in the company as of 30-Jun-2021, while foreign investors and domestic institutional investors ownership stood at 16.96 per cent and 19.38 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 17685.24 crore for the quarter ended 30-Jun-2021, up 9.27 per cent from the previous quarter’s Rs 16185.41 crore and up 43.4 per cent from the year-ago quarter’s Rs 12332.65 crore.
Its profit for the latest quarter stood at Rs 2137.75 crore, up 226.71 per cent from the same quarter a year ago.
