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Company News Details

BSE   26 May 17 | 12:00 AM

401.35 -0.05 (-0.01%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 532155
Face Value: N.A.

NSE   26 May 17 | 12:00 AM

401.75 0.75 (0.19%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: GAIL
Performance
1 Week : Rs 401.10 (0.06%)
1 Month : Rs 423.75 (-5.29%)
1 Year : Rs 284.55 (41.05%)
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Gail (India) trades 1:3 ex-bonus; stock down 5% intra-day

SI Reporter / Mumbai 09 Mar 17 | 10:02 AM

Gail (India) dipped 5% to Rs 369 on the National Stock Exchange (NSE) in early morning trade on profit booking as the stock started trading ex-bonus in the ratio of 1:3 i.e the issuance of one bonus share for existing three equity shares.

The company has fixed March 11, 2017 as record date for the purpose of allotment of bonus shares.

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The stock corrected 8% from its 52-week high of Rs 401 (adjusted to bonus) hit during intra-day trade on Wednesday, March 8, 2017.

In the past six months, the stock had outperformed the market and appreciated 32% as compared to a marginal 0.25% rise in the Nifty 50 index till March 7, 2017.

At 09:54 am; it was down 3.4% at Rs 376 against 0.08% decline in the benchmark index. A combined 6.76 million shares changed hands on the counter on NSE and BSE so far.

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