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GAIL INDIA STOCK: Shares of state-owned GAIL India Ltd saw a jump of up to 8 percent today. Due to which the share of the company is Rs. It hit a new 52-week high of 153.10. Today, the market cap of GAIL India rose to Rs. 1000 crore level was crossed. Let us tell you that at the time of closing the company’s shares saw a slight decline.
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GAIL India shares on BSE on Friday morning were trading at Rs. opened at 142.20. After this it is Rs. It touched an intra-day high of 153.10. However, at market close, the shares of the company rose 7.64 percent to Rs. were at the level of 151.45. Let us tell you that the market cap of the company also fell to Rs 99,579.88 crore.
How has the last one year been for investors in the stock market?
The share price of the company has seen an increase of more than 21 percent in the last one month. If we talk about the last 6 months, the share price of the company has increased by more than 45 percent. Let us tell you that, in the last one year, positional investors have increased by 59 percent. The company’s 52-week low is Rs 90.70 per share.
Money doubles in 1 month, now share will be divided into 10 pieces
Investors continue to benefit from dividends etc. from GAIL India at regular intervals. In March this year, the company gave a dividend of 4 rupees on 1 share. At the same time, in September 2022, investors received 1 share as a bonus for every 2 shares.
The government’s total stake in GAIL India Limited is about 52 percent. At the same time, foreign investors hold 14.76 percent stake.
(This is not investment advice. Stock market is subject to risks. Please consult an expert before making any investment.)