GAIL Share Price on 21 May 2024: Stock Discussion and Performance

GAIL Share Price Soars, Investors Reap Big Returns

📈🔥 The government-owned company GAIL India has proven to be a lucrative investment for long-term investors. The company’s shares have made people wealthy in just a few years. With investments of over one lakh rupees in GAIL shares, investors have seen significant returns.

🎉💰 GAIL India’s shares have outperformed based on bonus shares. As of May 18, 2024, the Maharatna company’s shares closed at 208.75 rupees. The 52-week high for the company’s shares is 213.70 rupees, while the low is 102.95 rupees.

💸💼 Over the past few years, GAIL India has issued bonus shares to investors five times. The company issued bonus shares in October 2008 at a ratio of 1:2, in March 2017 and March 2018 at a ratio of 1:3, and in July 2019 at a ratio of 1:1. The latest bonus shares have been issued at a ratio of 1:2.

💼💡 On Tuesday, May 21, 2024, GAIL India’s shares were trading at 206 rupees with a 1.17% decrease. The shares were trading at 5.51 rupees on May 19, 2000. If someone had invested one lakh rupees in GAIL India’s shares at that time, they would have received 18148 shares.

📊💰 Taking into account the bonus shares issued by GAIL India, the total number of shares purchased for one lakh rupees would now be 145182 shares, with a total value of 3.03 crore rupees at the current share price of 208.75 rupees on the Bombay Stock Exchange.

Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.