Share price of GAIL rises as Nifty weakens
A total of 700,035 shares changed hands on the counter till 01:45PM (IST).
Shares of (India) Ltd. gained 0.06 per cent to Rs 229.35 in Thursday's trade as of 01:45PM (IST).The stock hit a high price of Rs 230.7 and low of Rs 226.0 during the session.
The return on equity (ROE) for the stock stood at 12.85 per cent. Traded volume on the counter stood at 01:45PM shares and turnover at Rs 16.03 crore around that time.
The stock of (India) Ltd. quoted a 52-week high and 52-week low prices of Rs 234.15 and Rs 107.55, respectively.
The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.91.
Promotor/FII Holding
Promoters held 51.92 per cent stake in the company as of 30-Jun-2024, while FIIs held 15.2 per cent and domestic institutional investors had 18.08 per cent.
Key Financials
The company reported consolidated sales of Rs 32992.84 crore for the quarter ended 31-Mar-2024, down 6.03 per cent from previous quarter's Rs 35111.76 crore and down 2.25 per cent from the year-ago quarter's Rs 33753.23 crore.
Net profit after tax for the latest quarter stood at Rs 2468.71 crore, up 289.28 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
