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GAIL India Share Price Today on : At 19 Sep 11:21 today, GAIL India shares are trading at price 210.75, -3.21% down from the previous closing price. Sensex is trading at 83398.14, up by 0.54%. The stock has hit a high of 219.5 and a low of 210.55 during the day.

On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at 5,10,20,50,100 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at 220.22, 223.08, & 225.07, whereas it has key support levels at 215.37, 213.38, & 210.52.

Till 11 AM today, the volume traded on NSE & BSE for GAIL India was 27.05% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.

Overall, as per Mint technical analysis, The stock’s continued downtrend suggests a bearish trend is underway..

From a fundamental analysis perspective, the company has a ROE of 13.95% .The current P/E of the stock is at 12.69 .

The company has a 51.92% promoter holding, 7.86% MF holding, & 15.18% FII holding as per filings in the june quarter.

The MF holding has decreased from 8.44% in march to 7.86% in the june quarter.

The FII holding has increased from 14.15% in march to 15.18% in the june quarter.

GAIL India share price down -3.21% today to trade at 210.75 while its peers are mixed. Its peers such as Adani Total Gas, Gujarat Gas Company, Gujarat State Petronet are falling today, but its peers Indraprastha Gas are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.52% & 0.54% each respectively.

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Aniket Pujari

Blogger | Content Creator | Finance | Crypto | Internet things
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