GAIL Indian Gives Over Rs 90 Lakh Returns
GAIL India shares traded at a level of Rs 91.35 on the Bombay Stock Exchange on Monday
Gas Authority of India Limited (GAIL) India has given better returns to its investors with five bonus shares in the last 20 years. If a person invested Rs 1 lakh in the shares of the company 20 years ago and kept the investment, then the amount has been more than Rs 90 lakhs.
The 52-week high of GAIL India’s shares is Rs 115.67. The shares of the company were at the level of Rs 7.92 on the Bombay Stock Exchange (BSE) on 13 September 2002. GAIL India shares traded at a level of Rs 91.35 on the Bombay Stock Exchange on Monday. In such a situation, the total money would have been Rs 92.26 lakh.
GAIL India offered bonus shares in the ratio of 1:2 in October 2008. The company gave bonus shares in the ratio of 1:3 in March 2017. Subsequently, the company gave the investors bonus shares in the ratio of 1:3 in March 2018. GAIL India gave bonus shares in the ratio of 1:1 on July 2019. That is, the company gave one bonus share for every single share. The government company has recently given bonus shares in the ratio of 1:2.
