Share price of GAIL (India) Ltd. falls as Sensex drops 536.13 points
The share price of GAIL (India) Ltd. dropped 5.48 per cent to Rs 118.2 at 02:05PM (IST) in Monday’s trade. The stock has hit a high of Rs 125.05 and low of Rs 118.1 so far during the session. The stock had closed at Rs 125.05 in the previous session.
The counter has had a total traded volume of 1256722 shares so far with a value of Rs 15.21 crore on the NSE. It traded at a price-to-earnings multiple of 6.32 and a price-to-book ratio of 0.7.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
