GAIL (India) Ltd soars 1.09%, gains for fifth straight session

GAIL (India) Ltd is up for a fifth straight session today. The stock is quoting at Rs 183.73, up 1.09% on the day as on 12:39 IST on the NSE. The benchmark NIFTY is up around 0.01% on the day, quoting at 23813.75. The Sensex is at 76963.8, up 0.06%. GAIL (India) Ltd has gained around 9.69% in last one month.

Meanwhile, Nifty Energy index of which GAIL (India) Ltd is a constituent, has gained around 0.48% in last one month and is currently quoting at 36290.7, up 1.33% on the day. The volume in the stock stood at 82.39 lakh shares today, compared to the daily average of 82.42 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 184.4, up 1.45% on the day. GAIL (India) Ltd is up 2.65% in last one year as compared to a 6.65% slide in NIFTY and a 2.6% slide in the Nifty Energy index.

The PE of the stock is 10.08 based on TTM earnings ending September 26.

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