Shares of GAIL (India) Ltd. traded 1.24 per cent up at Rs 87.4 at around 02:00PM (IST) on Monday. The stock had closed at Rs 88.5 in the previous session. Equity benchmark Sensex traded 335.88 points higher at 39032.93 around the same time.




The scrip has declined 33.84 per cent in the last one year till date, while the 30-share index has gained 0.96 per cent during the same period.

The stock's 52-week high price stood at Rs 139.7 and the 52-week low price at Rs 65.7.

Trading volume on the counter stood at 705,886 shares, while it quoted a price-to-earnings ratio of 4.62, an EPS value of 18.89 and a price-to-book value of 0.7. In the Nifty50 pack, 28 stocks traded in the green, while 22 stocks were in the red.

Promoter/FII Holding
Promoters held 51.42 per cent stake in the company as of 30-Jun-2020, while foreign institutional investors and mutual funds' ownership stood at 15.41 per cent and 11.12 per cent, respectively.

Key Financials
For the quarter ended 30-Jun-2020, the company reported consolidated sales of Rs 12174.15 crore, down 32.07 per cent from the previous quarter's Rs 17922.79 crore and down 34.08 per cent from the year-ago quarter's Rs 18467.44 crore. The company reported net profit of Rs 654.33 crore for the latest quarter.


Technical Indicators
The MACD signalled a bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.