Friday, September 24, 2021
HomeBanking and financeGAIL shares gain 2.05% as Sensex rises

GAIL shares gain 2.05% as Sensex rises


Shares of (India) Ltd. traded 2.05 per cent increased in Wednesday’s session at 10:10AM (IST). The inventory opened at Rs 157.0 and has touched an intraday excessive and low of Rs 159.7 and Rs 155.3, respectively, throughout the session thus far.

The inventory quoted a 52-week excessive of Rs 170.0 and a 52-week low of 81.25. About 360,299 shares modified palms on the counter thus far.

Benchmark Nifty50 was up 59.65 factors at 17439.65, whereas the BSE Sensex traded 163.78 factors increased at 58410.87 on the time of writing of this report.



Within the Nifty pack, 37 shares traded the day within the inexperienced, whereas 12 have been within the pink.

Key Financials

For the quarter ended 30-Jun-2021, the corporate reported consolidated gross sales of Rs 17685.24 crore, up 9.27 per cent from the earlier quarter’s Rs 16185.41 crore and up 43.4 per cent from the year-ago quarter. The corporate reported internet revenue of Rs 2137.75 crore for the most recent quarter.

Promoter Holdings

Promoters held 51.83 per cent stake within the firm as of 30-Jun-2021, whereas FIIs held 16.96 per cent and MFs 8.67 per cent.

Technicals

On the technical charts, the 200-Day Transferring Common (DMA) of the inventory stood at Rs 140.64 on September 15, whereas the 50-DMA was at Rs 145.54. If a inventory trades above 50-DMA and 200-DMA, it often means the instant pattern is upward. Then again, if the inventory trades properly beneath 50-DMA and 200-DMA each, it’s thought-about as bearish pattern and if trades between these averages, then it suggests the inventory can go both manner.



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