GAIL Plunges by 10%; BSE OIL & GAS Index Down 2.5%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

GAIL Plunges by 10%; BSE OIL & GAS Index Down 2.5%
Thu, 6 Jun 01:38 PM

GAIL share price has plunged 10% and is presently trading at Rs 339.

Meanwhile, the BSE OIL & GAS Index is at 15,694 (down 2.5%).

Among the top losers in the BSE OIL & GAS Index today is GAIL (down 10.3%).

INDRAPRASTHA GAS (up 1.3%) is among the top gainer today.

Over the last one year, GAIL has moved up from Rs 334 to Rs 339, registering a gain of Rs 4 (up 1.3%)..

The BSE OIL & GAS has moved up from 14,336 to 15,694, registering a gain of 1,358 points (up 9.5%) during the last 12 months.

The top gainers among the BSE OIL & GAS Index stocks during this same period were RELIANCE IND. (up 41.9%), INDRAPRASTHA GAS (up 30.3%) and PETRONET LNG (up 10.8%).

Revealed: Top 3 Stocks for 2020 and Beyond

What About the Benchmark Indices?

The BSE Sensex is at 40,159 (down 1.0%). The top gainers among the BSE Sensex stocks today are HCL TECHNOLOGIES (up 1.6%). The most traded stocks in the BSE Sensex are POWER GRID and COAL INDIA.

In the meantime, NSE Nifty is at 12,040 (down 1.1%). ASIAN PAINTS (up 1.7%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,012 to 40,159, registering a gain of 5,147 points (up 13.3%).

GAIL Financial Update...

GAIL net profit down at Rs 11 billion for the quarter ended March 2019, compared to a loss of Rs 17 billion a year ago. Net Sales declined 5.2% to Rs 187.6 billion during the period as against Rs 197.9 billion in January-March 2018.

For the year ended March 2018, GAIL reported 24.3% increase in net profit to Rs 46.5 billion compared to net profit of Rs 37.4 billion during FY17.

Revenue of the company grew 10.9% to Rs 547 billion during FY18.

The current Price to earnings ratio of GAIL, based on rolling 12 month earnings, stands at 12.0x.



What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "GAIL Plunges by 10%; BSE OIL & GAS Index Down 2.5%". Click here!

  

Stock Market Updates

Indian Indices End Flat; Power and Telecom Stocks Witness Buying (Today's Market)

Aug 7, 2020 Closing

Indian share markets witnessed volatile trading activity throughout the day today and ended on a flat note.

TUBE INVESTMENTS OF INDIA LTD Share Price Up by 5%; BSE CAPITAL GOODS Index Up 0.5% (Today's Market)

Aug 7, 2020 03:34 PM

TUBE INVESTMENTS OF INDIA LTD share price is trading up by 5% and its current market price is Rs 558. The BSE CAPITAL GOODS is up by 0.5%. The top gainers in the BSE CAPITAL GOODS Index are TUBE INVESTMENTS OF INDIA LTD (up 5.2%) and HONEYWELL AUTOMATION (up 14.2%). The top losers are V GUARD INDUSTRIES (down 0.2%) and SKF INDIA (down 0.3%).

BANK OF BARODA Share Price Up by 5%; BSE BANKEX Index Up 0.4% (Today's Market)

Aug 7, 2020 03:34 PM

BANK OF BARODA share price is trading up by 5% and its current market price is Rs 49. The BSE BANKEX is up by 0.4%. The top gainers in the BSE BANKEX Index are BANK OF BARODA (up 5.1%) and RBL BANK LTD (up 9.7%). The top losers are AXIS BANK and SBI (down 0.2%).

ADANI TRANSMISSION Share Price Up by 9%; BSE POWER Index Up 1.4% (Today's Market)

Aug 7, 2020 03:34 PM

ADANI TRANSMISSION share price is trading up by 9% and its current market price is Rs 254. The BSE POWER is up by 1.4%. The top gainers in the BSE POWER Index are ADANI TRANSMISSION (up 9.0%) and JSW ENERGY (up 5.3%). The top losers are NTPC (down 0.3%) and KALPATARU POWER (down 0.5%).

ESSEL PROPACK Share Price Down by 5%; BSE 500 Index Up 0.3% (Today's Market)

Aug 7, 2020 03:14 PM

ESSEL PROPACK share price is trading down by 5% and its current market price is Rs 275. The BSE 500 is up by 0.3%. The top gainers in the BSE 500 Index are HONEYWELL AUTOMATION (up 11.7%) and RBL BANK LTD (up 10.0%). The top losers are ESSEL PROPACK (down 5.0%) and LUPIN (down 6.0%).

EMAMI LTD Share Price Up by 6%; BSE FMCG Index Up 0.8% (Today's Market)

Aug 7, 2020 02:26 PM

EMAMI LTD share price is trading up by 6% and its current market price is Rs 254. The BSE FMCG is up by 0.8%. The top gainers in the BSE FMCG Index are EMAMI LTD (up 6.2%) and GSK CONSUMER (up 5.1%). The top losers [TOPLOSERS].

View More Indian Share Market News

Most Popular

These 5 Smallcaps Deserve a Place in Your Coffee Can Portfolio(Profit Hunter)

Jul 28, 2020

When it comes to quality stocks, doing less is more.

Before You Buy Your First Electric Vehicle Consider Buying this Stock(Profit Hunter)

Jul 29, 2020

As competition intensifies in the electric vehicle space, only few will create huge wealth over the years.

How to Buy Gold and Silver(Fast Profits Daily)

Jul 27, 2020

In this video I'll show you how to buy bullion the right way.

Elon Musk Gives Us a Trading Opportunity(Fast Profits Daily)

Jul 28, 2020

Elon Musk made a statement recently which I believe, gives us a fast profit trading opportunity.

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Aug 7, 2020 (Close)

MARKET STATS