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GAIL (India) Ltd slips for fifth straight session

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GAIL (India) Ltd is quoting at Rs 69.6, down 4.79% on the day as on 13:24 IST on the NSE. The stock tumbled 61.15% in last one year as compared to a 26.17% slide in NIFTY and a 35.74% fall in the Nifty Energy index.

GAIL (India) Ltd is down for a fifth straight session today. The stock is quoting at Rs 69.6, down 4.79% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 1.15% on the day, quoting at 8542. The Sensex is at 29384.28, down 1.88%.GAIL (India) Ltd has lost around 33.33% in last one month.Meanwhile, Nifty Energy index of which GAIL (India) Ltd is a constituent, has eased around 22.87% in last one month and is currently quoting at 10640.7, down 1.05% on the day. The volume in the stock stood at 182.07 lakh shares today, compared to the daily average of 225.3 lakh shares in last one month.

 

The benchmark April futures contract for the stock is quoting at Rs 70.35, down 4.87% on the day. GAIL (India) Ltd tumbled 61.15% in last one year as compared to a 26.17% slide in NIFTY and a 35.74% fall in the Nifty Energy index.

The PE of the stock is 6.52 based on TTM earnings ending December 19.

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First Published: Mar 27 2020 | 1:35 PM IST

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