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GAIL (India) Ltd sees good buying

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Capital Market
Last Updated : Oct 18 2021 | 1:50 PM IST

GAIL (India) Ltd is quoting at Rs 162.6, up 1.59% on the day as on 12:54 IST on the NSE. The stock is up 85.93% in last one year as compared to a 56.03% spurt in NIFTY and a 71.03% spurt in the Nifty Energy index.

GAIL (India) Ltd gained for a third straight session today. The stock is quoting at Rs 162.6, up 1.59% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.02% on the day, quoting at 18525.2. The Sensex is at 61871.8, up 0.92%. GAIL (India) Ltd has risen around 8.54% in last one month.

Meanwhile, Nifty Energy index of which GAIL (India) Ltd is a constituent, has risen around 18.86% in last one month and is currently quoting at 24766.35, up 1.81% on the day. The volume in the stock stood at 106.15 lakh shares today, compared to the daily average of 181.32 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 163.25, up 1.52% on the day. GAIL (India) Ltd is up 85.93% in last one year as compared to a 56.03% spurt in NIFTY and a 71.03% spurt in the Nifty Energy index.

The PE of the stock is 11.53 based on TTM earnings ending June 21.

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First Published: Oct 18 2021 | 1:05 PM IST

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