GAIL (India) Ltd was quoted at Rs 102.05, up 3.08% on the NSE. The stock gained 8.68% in 2022, compared with the Nifty’s gain of 5.56% and the Nifty Auto Index’s gain of 7.13%.

GAIL (India) Ltd rose for a third straight session on Monday. The stock was quoted at Rs 102.05, up 3.08%. The benchmark Nifty was up about 0.41% on the day at 18,101.8. The Sensex is at 60898.32, up 0.46%. GAIL (India) Ltd rose 8.1% in the previous month.

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Meanwhile, the Nifty Auto Index, which belongs to GAIL (India) Ltd, gained about 3.04% last month and is now at 26,135.05, up 0.12%. As of January 23, 2023, 184.49 lakh shares had changed hands in the stock, compared with the 91.88 lakh daily average for the previous month.

In the January futures contract, the stock’s benchmark is at Rs 101.95, up 2.88% on the day. GAIL (India) Ltd is up 8.68% in 2022, compared to a 5.56% spurt in Nifty and a 7.13% spurt in the Nifty Auto index.

The PE of the stock is 6.25 based on TTM earnings ending September 2022.