GAIL (India) Ltd dropped for a fifth straight session today. The stock is quoting at Rs 132.15, down 0.64% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 14403.85. The Sensex is at 48122.65, up 0.09%.GAIL (India) Ltd has gained around 0.88% in last one month.Meanwhile, Nifty Energy index of which GAIL (India) Ltd is a constituent, has eased around 5.97% in last one month and is currently quoting at 17370.95, up 1.1% on the day. The volume in the stock stood at 82.24 lakh shares today, compared to the daily average of 195.52 lakh shares in last one month.
The benchmark April futures contract for the stock is quoting at Rs 131.95, down 0.86% on the day. GAIL (India) Ltd jumped 62.15% in last one year as compared to a 57.34% rally in NIFTY and a 40.48% spurt in the Nifty Energy index.
The PE of the stock is 9.93 based on TTM earnings ending December 20.