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NEW DELHI: Shares of (India) Ltd. traded 2.0 per cent down in Thursday’s trade at 02:12PM (IST). Around 259,466 shares changed hands on the counter.

The stock opened at Rs 145.5 and touched an intraday high and low of Rs 145.5 and Rs 141.4, 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.

As per BSE, the total market cap of the GAIL (India) Ltd. stood at Rs 63053.47 crore at the time of writing this report.

Key Financials

The company reported consolidated sales of Rs 17685.24 crore for the quarter ended 30-Jun-2021, up 9.27 per cent from previous quarter’s Rs 16185.41 crore and up 43.4 per cent from the year-ago quarter’s Rs 12332.65 crore.

The net profit for latest quarter stood at Rs 2137.75 crore, up 226.71 per cent from the same quarter a year ago.

Shareholding pattern

As of 30-Jun-2021, domestic institutional investors held 8.61 per cent stake in the company, while foreign institutional investors held 16.83 per cent and the promoters 51.45 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 8.27 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.


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