GAIL’s share price was up 0.6 percent

At around 02:04PM (IST) on Monday, shares of GAIL (India) Ltd rose 0.6 percent to Rs. traded at 203.80. In the previous session, the share was Rs. closed at 205.05. The equity benchmark Sensex was trading at 81798.13, up around 334.99 points at the same time.

The scrip is up 39.83 percent in the last one year to date, while the 30-share index has gained 22.270000457763672 percent during the same period.

The stock hit a 52-week high of Rs. 246.35 and a 52-week low of Rs. was 134.85.

Trading volume over the counter was 431,791 shares, while it quoted a price-to-earnings ratio of 11.61, an EPS value of 17.55 and a price-to-book value of 1.55. In the Nifty 50 pack, 11 stocks were in the green zone while 39 stocks were in the red zone.

Promoter/FII holding
As on 30-Sep-2024, promoters held 51.92 per cent stake in the company, while foreign institutional investors and MF ownership stood at 16.79 per cent and 9.05 per cent, respectively.

Chief Financial Officer
In the quarter ended 30-Sep-2024, the company posted Rs. 34165.5700 crore reported consolidated sales, up from the previous quarter’s Rs. 34958.3200 crore by 2.27 percent and the year-ago quarter at Rs. 1901 crores of Rs. 190330 crore to 2.94 percent. In the latest quarter, the company posted Rs. 2693.55 crores in net income.

Technical indicators

MACD indicated a bullish bias on the counter. MACD is known for indicating the opposite trend in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called a signal line, is plotted above the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.