Share price of GAIL (India) Ltd. jumps as Sensex gains 278.82 points
The share price of GAIL (India) Ltd. gained 1.71 per cent to Rs 92.3 at 11:23AM (IST) in Monday’s trade. The counter has hit a high of Rs 92.55 and low of Rs 90.75 so far during the session. The stock had closed at Rs 90.75 in the previous session.
The counter has had a total traded volume of 1039413 shares so far with a value of Rs 9.57 crore on the NSE. It traded at a price-to-earnings multiple of 4.89 and a price-to-book ratio of 1.7.
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.
