GAIL Share Price: GAIL share price falls as Sensex rises by 178.45 points.

Shares of GAIL (India) Ltd. fell 1.31% to Rs 180.8 at 11:36 AM IST in Tuesday trading. The security touched a high of Rs 184.55 and a low of Rs 180.3 during the current session. The stock had closed at Rs 183.2 in the previous session.

The counter recorded total trading volume at 11.36 am so far, with turnover of Rs 5.0 crore on BSE. The stock traded at a price-to-earnings ratio of 14.78 and a price-to-book ratio of 1.07.

A higher price to earnings ratio indicates that investors are willing to pay a higher price for the earnings per rupee that the stock offers due to expectations of better future growth.

Price book value represents the intrinsic value of a company and measures the price investors are prepared to pay even if the company does not grow.

GAIL (India) Ltd. belongs to the Gas Distribution industry.

Promoter/FII holdings
Promoters hold 51.9% stake in the company as of December 31, 2023, while foreign investors and domestic institutional investors hold 14.24% and 19.36% stake, respectively.

main financial
The company reported consolidated revenue of Rs 35,111.76 crore for the quarter ended December 31, 2023, up 5.79% from Rs 33,191.03 crore in the previous quarter and 3.36% up from Rs 36,334.2 crore in the year-ago quarter.

Its latest quarter profit stood at Rs 3194.62 crore, up 672.09% year-on-year.