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GAIL (India) Ltd drops for fifth straight session

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Capital Market
Last Updated : Dec 09 2019 | 1:50 PM IST

GAIL (India) Ltd is quoting at Rs 116.35, down 0.68% on the day as on 13:19 IST on the NSE. The stock tumbled 29.92% in last one year as compared to a 14.17% rally in NIFTY and a 16.78% spurt in the Nifty Energy index.

GAIL (India) Ltd fell for a fifth straight session today. The stock is quoting at Rs 116.35, down 0.68% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.45% on the day, quoting at 11975.15. The Sensex is at 40635.12, up 0.47%.GAIL (India) Ltd has lost around 10.74% in last one month.Meanwhile, Nifty Energy index of which GAIL (India) Ltd is a constituent, has increased around 0.09% in last one month and is currently quoting at 15811.75, up 0.87% on the day. The volume in the stock stood at 52.79 lakh shares today, compared to the daily average of 112.07 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 116.9, down 0.43% on the day. GAIL (India) Ltd tumbled 29.92% in last one year as compared to a 14.17% rally in NIFTY and a 16.78% spurt in the Nifty Energy index.

The PE of the stock is 9.64 based on TTM earnings ending September 19.

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First Published: Dec 09 2019 | 1:35 PM IST

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