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Gail Share Price History from 1997 to 2023

Gail Share Price History

In this article, you will find the details of Gail Share Price History. Additionally, we will provide important fundamental details about Gail Shares.

Gail Share Price History

YearGAIL IndiaYOY Change%
1997₹15.34
1998₹10.65-30.6%
1999₹8.75-17.9%
2000₹6.44-26.4%
2001₹7.8822.3%
2002₹8.7811.4%
2003₹32.54270.6%
2004₹28.84-11.4%
2005₹33.2315.2%
2006₹32.69-1.7%
2007₹67.76107.2%
2008₹38.63-43%
2009₹77.46100.5%
2010₹95.7823.6%
2011₹72.02-24.9%
2012₹66.77-7.3%
2013₹64.03-4.2%
2014₹83.4330.2%
2015₹70.39-15.7%
2016₹82.1216.6%
2017₹124.3051.3%
2018₹120.15-3.4%
2019₹80.70-32.9%
2020₹82.231.8%
2021₹86.134.7%
2022₹96.1011.5%
2023₹119.7024.5%
Gail Share Price History

GAIL India’s stock market journey since 1997 resembles the path of a ship navigating through the unpredictable sea tides. Beginning its voyage in 1997 at ₹15.34, the company initially encountered stormy waters.

Over the next three years, its stock price consistently dropped, with a significant dip of 30.6% in 1998. By the turn of the millennium in 2000, the stock had descended to ₹6.44, marking a notable decline from its starting point.

However, like a resilient sailor, GAIL India charted a new course, and by 2001, the stock started to show signs of revival with a growth of 22.3%. The company then witnessed a colossal leap of 270.6% in 2003, reaching ₹32.54, a testament to its resilience and potential.

The subsequent years saw GAIL India navigating through alternating currents of highs and lows. Modest fluctuations marked the period between 2004 and 2006, but 2007 brought a favourable tide, soaring the stock price to ₹67.76, a commendable increase of 107.2%. However, this high tide was shortly followed by a dip of 43% in 2008.

The company rebounded impressively in 2009, doubling its stock value to ₹77.46. The years that followed up to 2022 presented a mix of rises and falls, reflecting the company’s ability to adapt to market dynamics.

As of 2023, with its stock price standing at ₹119.70, up by 24.5% from the previous year, GAIL India’s journey inspires, demonstrating perseverance, adaptability, and the potential of enduring the market’s ebb and flow.

Also Read: SBI Share Price History from 1995

About GAIL

GAIL India, short for Gas Authority of India Limited, stands as the country’s premier natural gas company, pivotal in fueling India’s energy needs. Established in 1984, GAIL has since been responsible for distributing and processing natural gas, ensuring that urban centres and remote locales have access to this essential energy resource.

The company is not just limited to gas distribution; over the years, it has diversified its operations and delved into various sectors, including petrochemicals, telecommunications, and electricity generation.


Its vast network of pipelines, spanning thousands of kilometres, is a testament to GAIL’s commitment to ensuring seamless and widespread distribution of natural gas. Beyond the borders of India, GAIL has made its mark on the international stage, collaborating with numerous global energy giants for research, exploration, and trade.

Their dedication goes beyond business, as GAIL is also committed to environmental sustainability, actively promoting cleaner and greener energy sources. This dedication to growth, environmental responsibility, and nation-building makes GAIL India a key pillar in the nation’s energy sector.

Fundamentals of GAIL

Here are some primary fundamental data about GAIL (until 2023):

Market Capitalization and Stock Price:

GAIL India boasts a significant market capitalization of ₹ 78,704 Cr., reflecting its stature in the stock market. The current stock price stands at ₹ 120. Over the recent trading periods, the stock has witnessed a high and low of ₹ 132 and ₹ 85.8, respectively, indicating its volatility range.

Valuation and Earnings:

With a Price-to-earnings (Stock P/E) ratio of 19.1, GAIL is reasonably valued in the market relative to its earnings. Each share of the company, represented by the Earnings Per Share (EPS), brings in ₹ 6.32 in earnings. The Book Value, which indicates the company’s intrinsic value, is pegged at ₹ 98.8 per share. When we compare the Current Price to this Book Value, we get a price-to-book value ratio of 1.21, further elaborating on its market valuation.

Dividend and Returns:

For investors keen on dividend yields, GAIL offers a promising 3.34%. This suggests that the company has a practice of returning a portion of its profits to its shareholders. Regarding efficiency and profitability, the company’s Return on Capital Employed (ROCE) is 9.76%, while the Return on Equity (ROE) is 8.69%. These metrics provide insights into how effectively the company uses its capital and equity to generate profits.

Debt and Ownership Structure:

GAIL has a total debt of ₹ 17,816 Cr. However, when we look at its Debt-equity ratio, which stands at a mere 0.27, the company has a low level of debt compared to its equity. This is a positive sign for investors, indicating a lower financial risk. The Promoter holding in the company is substantial at 51.9%, showing the confidence and commitment of the founding members and primary stakeholders.

(Disclaimer: The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your own thorough research before making any investment.)

Questions and Answers about GAIL

What is the GAIL share price in 1997?

GAIL share price in 1997 was ₹15.341.

What is the GAIL share price in 2000?

GAIL share price in 2000 was ₹₹6.44.

What is the GAIL share price in 2023?

GAIL share price in 2023 was ₹119.70.

When was GAIL established?

GAIL India was founded in August 1984.

What are GAIL’s primary operations?

GAIL’s main operations involve transporting, distributing, and processing natural gas. Additionally, the company is involved in petrochemical production, exploration activities, and electricity generation.

Where is GAIL’s headquarters located?

GAIL’s corporate headquarters is situated in New Delhi, India.

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