GAIL India’s market cap declines by Rs 4,613 crore as stock drops 3.46%

GAIL (India) Limited experienced a significant drop in its stock price on November 12, 2024, with shares trading at Rs 195.90, down by 3.46%. This decline led to a decrease in the company’s market capitalization, which now stands at Rs 1,28,825.93 crore.

Key Trade Details:

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  • Opening Price: Rs 203.00
  • Day’s High: Rs 205.20
  • Day’s Low: Rs 195.10
  • Last Traded Price: Rs 195.90 (down by Rs 7.03 or 3.46%)
  • Total Market Cap: Rs 1,28,825.93 crore
  • Free Float Market Cap: Rs 52,839.51 crore
  • Traded Volume: 115.98 lakh shares
  • Traded Value: Rs 229.96 crore

Additional Price Information:

  • 52-Week High: Rs 246.30 (July 31, 2024)
  • 52-Week Low: Rs 122.90 (November 22, 2023)
  • Daily Volatility: 2.33%
  • Annualized Volatility: 44.51%

The decline in GAIL India’s market cap reflects investor caution, with the stock listed under the Nifty Next 50 index within the gas transmission and marketing sector.

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