GAIL share price has plunged 5% and is presently trading at Rs 87.
Meanwhile, the BSE OIL & GAS Index is at 11,163 (down 3.1%).
Among the top losers in the BSE OIL & GAS Index today are GAIL (down 4.7%) and ONGC (down 5.6%).
Over the last one year, GAIL has moved down from Rs 172 to Rs 87, registering a loss of Rs 85 (down 49.6%)..
The BSE OIL & GAS has moved down from 14,528 to 11,163, loss of 3,365 points (down 23.2%) during the last 12 months.
The top gainers among the BSE OIL & GAS Index stocks during this same period were INDRAPRASTHA GAS (up 45.3%) and BPCL (up 6.6%).
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The BSE Sensex is at 30,900 (down 3.1%). The top gainers among the BSE Sensex stocks today are ITC (up 0.5%). The most traded stocks in the BSE Sensex are ITC.
In the meantime, NSE Nifty is at 9,044 (down 3.0%). DR. REDDYS LAB (up 0.9%) and ITC (up 0.6%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 38,645 to 30,900, registering a loss of 7,745 points (down 20.61%).
GAIL net profit down at Rs 13 billion for the quarter ended December 2019, compared to a loss of Rs 17 billion a year ago. Net Sales declined 10.2% to Rs 177.7 billion during the period as against Rs 197.9 billion in October-December 2018.
For the year ended March 2019, GAIL reported 24.3% increase in net profit to Rs 57.8 billion compared to net profit of Rs 46.5 billion during FY18.
Revenue of the company grew 39.4% to Rs 762 billion during FY19.
The current Price to earnings ratio of GAIL, based on rolling 12 month earnings, stands at 8.0x. p >
What else is happening in the markets today? Dig in...
Indian share markets continued their momentum and ended their day on a strong note today.
J&K BANK share price is trading up by 8% and its current market price is Rs 32. The BSE BANKEX is up by 2.8%. The top gainers in the BSE BANKEX Index are J&K BANK (up 7.6%) and RBL BANK (up 5.2%).
RELIANCE IND. share price is trading up by 5% and its current market price is Rs 2,216. The BSE OIL & GAS is up by 1.3%. The top gainers in the BSE OIL & GAS Index is RELIANCE IND. (up 5.1%). The top losers are PETRONET LNG (down 0.1%) and BPCL (down 0.4%).
AU SMALL FINANCE BANK share price has hit an all time high at Rs 1,224 (up 4.2%). The BSE BANKEX Index is up by 2.8%. Among the top gainers in the BSE BANKEX Index today are AU SMALL FINANCE BANK (up 4.2%) and KOTAK MAHINDRA BANK (up 3.0%).
REDINGTON share price is trading down by 5% and its current market price is Rs 200. The BSE 500 is up by 1.9%. The top gainers in the BSE 500 Index are IFCI (up 19.9%) and IDBI BANK (up 12.1%). The top losers are REDINGTON (down 5.1%) and SYMPHONY (down 5.1%).
RBL BANK share price is trading up by 5% and its current market price is Rs 249. The BSE BANKEX is up by 2.7%. The top gainers in the BSE BANKEX Index are RBL BANK (up 5.0%) and FEDERAL BANK (up 5.7%).
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