Shares of GAIL (India) Ltd. traded 0.71 percent up in Wednesday's trade at 12:10PM (IST). Around 196,634 shares changed hands on the counter.


The stock opened at Rs 85.0 and touched an intraday high and low of Rs 85.0 and Rs 83.6, respectively, in the session so far. Shares of the company of GAIL (India) Ltd. quoted a 52-week high of Rs 139.7 and a 52-week low of Rs 65.7.

As per BSE, the total market cap of GAIL (India) Ltd. stood at Rs 38291.1 crore at the time of writing this report.

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

The net profit for latest quarter stood at Rs 654.33 crore, down 56.43 percent from the same quarter a year ago.

Shareholding pattern
As of 30-Sep-2020, domestic institutional investors held 10.53 percent stake in the firm, while foreign institutional investors held 14.99 percent and the promoters 51 .76 percent.

Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 4.47 and a price-to-book ratio of 0.7. 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