GAIL Stock Price: GAIL shares drop 4.21% as Sensex falls

Shares of (India) Ltd. traded 4.21 per cent down at Rs 132.95 at 11:23AM (IST) on Monday, even as BSE benchmark Sensex dropped 1351.93 points to 48239.39. The scrip had settled at Rs 138.8 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 157.95 and Rs 78.75, respectively.

As per BSE data, total traded volume on the counter till 11:23AM (IST) stood at 11:23AM shares with turnover at Rs 7.62 crore.

At the current price, the stock trades at 7.15 times its trailing 12-month earnings per share of Rs 18.58 per share and 0.7 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.91.


Shareholding Details

Promoters held 52.12 per cent stake in the company as of 31-Dec-2020, while FIIs owned 15.62 per cent and DIIs 19.89 per cent.

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