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HomeSHARE MARKET₹229 Government Share; Brokerage Has Advised To Take A Position In Bullish...

₹229 Government Share; Brokerage Has Advised To Take A Position In Bullish Market

Maharatna PSU Stocks to Buy: Indian stock markets started trading in the green on Tuesday (May 9). In the bullish market, brokerage firm has made GAIL (India) Ltd (NSE: GAIL), a Maharatna company in the gas transmission and marketing sector, a short-term pick. 

The brokerage has advised me to take a position in GAIL (India) Ltd with a 2-3 day perspective.

Trading in the domestic stock markets started in the green on Tuesday. The Sensex opened 147 points higher at 80,107.

Nifty opened 31 points higher at 24,351 and Bank Nifty opened 35 points lower at 52,390. Maruti Suzuki and Britannia were the most successful gainers. FMCG stocks also showed a rise today.

GAIL: Good Profit In 2-3 Days

A brokerage company Motilal Oswal has named GAIL (India) Ltd as an option for technical analysis. The target of the stock is Rs 245 for 2-3 days.

On the 8th of July 2024, the stock ended at 230 rupees. In this manner, the stock can rise 5 to 6 % above its current price.

GAIL: Stock Jumped 4% In 1 Week

GAIL (India) Ltd had a flat start on Tuesday in a bullish market. In the last week, the stock has seen a gain of about 4 %.

In the past year, the yield on the stock was approximately 110 %. In six months, the gain on stocks was around 42 percent, and to date, it has been 38 %.

In 3 months, the stock has jumped about 12 percent. The 52-week highest that the share trades at BSE stands at 234.15 and the lowest is 107.55. The market capitalization that the business has is higher than 1.51 1 lakh crore rupees.

GAIL (India) Ltd Stock Performance

Current Price₹ 230
52-wk High₹ 235 
52-wk Low₹ 108
5 Days Return4.04%
1 Month Return10.36%

Key Fundamentals Parameters

Market Cap₹ 1,51,096 Cr.
Stock P/E15.3
Book Value₹ 117
Dividend2.39 %
ROCE14.6 %
ROE14.0 %
Face Value₹ 10.0
P/B Value1.93
OPM10.7 %
EPS₹ 15.1
Debt₹ 21,794 Cr.
Debt to Equity0.28

GAIL (India) Ltd Shareholding Pattern

Promoters Holding
Mar 202351.91%
June 202351.91%
Sept 202351.91%
Dec 202351.90%
Mar 202451.90%
FII Holding
Mar 202316.40%
Jun 202316.09%
Sep 202314.76%
Dec 202314.24%
Mar 202414.17%
DII Holding
Mar 202317.93%
Jun 202318.06%
Sep 202319.14%
Dec 202319.37%
Mar 202419.56%
Hot Stocks Alert Join
Govt. Holding
Mar 20237.93%
Jun 20237.93%
Sep 20237.91%
Dec 20237.92%
Mar 20247.63%
Public Holding
Mar 20235.83%
Jun 20236.01%
Sep 20236.30%
Dec 20236.58%
Mar 20246.75%

GAIL (India) Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 72,518 Cr
2021₹ 57,372 Cr
2022₹ 92,770 Cr
2023₹ 145,668 Cr
2024₹ 133,228 Cr

Last 5 Years’ Net Profit:

2020₹ 9,515 Cr
2021₹ 6,143 Cr
2022₹ 12,304 Cr
2023₹ 5,596 Cr
2024₹ 9,903 Cr

Conclusion

This article provides a detail guide about GAIL (India) Ltd share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

If you’re new to our site and want to be updated on the latest market information, you can join us on the Telegram Group(Link below).

If you have additional questions, feel free to leave a comment below. We’ll be more than happy to address all of your questions.

Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

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