Gujarat Gas Ltd is down for a fifth straight session today. The stock is quoting at Rs 491.3, down 1.5% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 23521.8. The Sensex is at 77676.23, up 0.07%.Gujarat Gas Ltd has lost around 5.23% in last one month.Meanwhile, Nifty Energy index of which Gujarat Gas Ltd is a constituent, has eased around 8.66% in last one month and is currently quoting at 34444.95, down 1.07% on the day. The volume in the stock stood at 3 lakh shares today, compared to the daily average of 5.84 lakh shares in last one month.
The benchmark January futures contract for the stock is quoting at Rs 492.8, down 0.94% on the day. Gujarat Gas Ltd tumbled 9.2% in last one year as compared to a 8.66% rally in NIFTY and a 2.01% fall in the Nifty Energy index.
The PE of the stock is 28.01 based on TTM earnings ending September 24.