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    GAIL shares drop 1.43% as Sensex rises

    Synopsis

    A total of 328,584 shares changed hands on the counter till 01:26PM (IST)

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    India 10-year bond yield declined 0.40 per cent to 5.98 after trading in 5.98 -6.04 range.
    Shares of the GAIL (India) Ltd. traded at Rs 158.75 on BSE at 01:26PM (IST) on Tuesday, down 1.43 per cent. The stock quoted a 52-week low price of Rs 82.0 and a high of Rs 171.35.

    Earlier in the day, the stock saw a gap up opening.

    At the prevailing price, the stock traded at 9.22 times its trailing 12-month EPS of Rs 17.16 per share and 1.13 times its book value, as per BSE data.

    A total of 328,584 shares changed hands on the counter till 01:26PM (IST). The stock commands a market value of Rs 70291.3 crore and is part of the Gas Distribution industry.

    The scrip has been an outperformer , up 81.58 per cent in the past one year in comparison with a 53.25 per cent gain in Sensex.

    During the day, the stock moved between Rs 162.9 and Rs 156.3.

    Promoter/FII Holding
    Promoters held 51.45 per cent in the company as of 30-Jun-2021. FII and MF ownership in GAIL (India) Ltd. stood at 16.83 per cent and 8.61 per cent, respectively.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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