GAIL (India) Ltd rises for third consecutive session

GAIL (India) Ltd gained for a third straight session today. The stock is quoting at Rs 131.6, up 1.46% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.26% on the day, quoting at 14832.75. The Sensex is at 50422.04, up 1.25%. GAIL (India) Ltd has risen around 2.81% in last one month.

Meanwhile, Nifty Energy index of which GAIL (India) Ltd is a constituent, has risen around 0.11% in last one month and is currently quoting at 16950.5, up 1.45% on the day. The volume in the stock stood at 83.61 lakh shares today, compared to the daily average of 265.71 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 132.6, up 1.41% on the day. GAIL (India) Ltd is up 10.68% in last one year as compared to a 23.82% spurt in NIFTY and a 14.99% spurt in the Nifty Energy index.

The PE of the stock is 10.26 based on TTM earnings ending September 20.

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