NEW DELHI: GAIL (India) Ltd. traded 0.04 per cent up in Wednesday’s trade at 12:33PM (IST). Around 674,193 shares changed hands on the counter.

The stock opened at Rs 135.4 and touched an intraday high and low of Rs 136.3 and Rs 134.7, respectively, in the session so far. Shares of the company of

(India) Ltd. quoted a 52-week high of Rs 173.45 and a 52-week low of Rs 125.2.

As per BSE, the total market cap of the GAIL (India) Ltd. stood at Rs 59219.73 crore at the time of writing this report.

Key Financials

The company reported consolidated net sales of Rs 37987.96 crore for the quarter ended 30-Jun-2022, up 37.35 per cent from previous quarter’s Rs 27657.93 crore and up 114.8 per cent from the year-ago quarter’s Rs 17685.24 crore.

The net profit for latest quarter stood at Rs 3252.95 crore, up 52.17 per cent from the same quarter a year ago.

Shareholding pattern

As of 30-Jun-2022, DIIs held 8.41 per cent stake in the company, while foreign institutional investors held 19.78 per cent and the promoters 51.52 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 4.43 and a price-to-book ratio of 1.08. 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.


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By Dipak

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