The stock opened at Rs 142.75 and touched an intraday high and low of Rs 144.7 and Rs 142.75, respectively, in the session so far. The stock of GAIL (India) Ltd. quoted a 52-week high of Rs 170.0 and a 52-week low of Rs 81.25.
Total market cap of the GAIL (India) Ltd. stood at Rs 64008.15 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 17685.24 crore for the quarter ended 30-Jun-2021, up 9.27 per cent from previous quarter’s Rs 16185.41 crore and up 43.4 per cent from the year-ago quarter’s Rs 12332.65 crore.
The net profit for latest quarter stood at Rs 2137.75 crore, up 226.71 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2021, DIIs held 8.67 per cent stake in the company, while foreign institutional investors held 16.96 per cent and the promoters 51.83 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 8.4 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.
