The counter opened at Rs 161.9 and touched an intraday high and low of Rs 163.65 and Rs 160.15, 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 72356.08 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 16185.41 crore for the quarter ended 31-Mar-2021, up 1.91 per cent from previous quarter’s Rs 15882.82 crore and up 14.26 per cent from the year-ago quarter’s Rs 18878.35 crore.
The net profit for latest quarter stood at Rs 2486.62 crore, down 47.41 per cent from the same quarter a year ago.
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 11.79 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.
