GAIL India has come up as a lead earner on the Sensex Oil & Gas index. The stock presently trades at Rs.320, which is high with 8.80 points on the Sensex.
The stock hit at Rs.309.50 as opposed to its earlier close of Rs.311.20. On Intraday, the counter reached an up and a down of Rs.324.40 and Rs.307, correspondingly.
Till now, 4,79,045 company’s shares have been traded on the Sensex. The stock reached its 52-week up of Rs.447 on 10th September, last year and a 52-week down of Rs.165 on 27th October, last year.
The stock has earned 2.14% since the last week and 11.5% since the previous month.
Lately, the company declared that it has fetched a capital outlay plan of nearly Rs.3, 800crore in fiscal 2009-10. The company will employ the money for building new gas transportation pipelines.