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The stock opened at Rs 149.65 and touched an intraday high and low of Rs 151.85 and Rs 148.55, respectively, in the session so far. The stock 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 65251.46 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 27657.93 crore for the quarter ended 31-Mar-2022, up 4.11 per cent from previous quarter’s Rs 26566.52 crore and up 70.88 per cent from the year-ago quarter’s Rs 16185.41 crore.
The net profit for latest quarter stood at Rs 3454.24 crore, up 38.91 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Mar-2022, domestic institutional investors held 9.06 per cent stake in the company, while foreign institutional investors held 19.49 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 5.41 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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