GAIL India rose 1.48% to Rs 384 at 10:31 IST on BSE after its board recommended issue of bonus shares in the ratio of one equity share for every two shares held..
The stock hit a high of Rs 394 and a low of Rs 378.35 so far during the day. The stock had a 52-week high of Rs 555 on
The company has an equity capital of Rs 845.65 crore. Face value per share is Rs 10.
The current price of Rs 384 discounts its Q4 March 2008 annualised EPS of Rs 34.17, by a
PE multiple of 11.23.
GAIL India’s net profit rose 6.1% to Rs 722.38 crore on 27.1% increase in net sales to Rs 4935.29 crore in Q4 March 2008 over Q4 March 2007.
The company distributes natural gas and processes petrochemicals.
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