Gail India Share Price : The country’s largest Maharatna company has given a banging return to its investors. Let us tell you that the government company Gail India Limited has given sloppy returns to the investors only in the last few years. After this, there has been an atmosphere of happiness in the investor.
Bonus share received 5 times in 20 years
Gail India Shares has gifted its investors with bonus shares 5 times in two decades (last 20 years). If a person invested Rs 1 lakh in the shares of a government company 20 years ago and maintained his investment, then at the present time this money would have exceeded Rs 90 lakh. Gail India has got the status of Maharatna company in the country. The 52-week high of GAIL India’s shares is Rs 115.67.
More than 92 lakhs made of Rs 1 lakh
It is known that the shares of GAIL India on the Bombay Stock Exchange (BSE) were at a level of Rs 7.92 on 13 September 2002. If a person had invested Rs 1 lakh in the shares of GAIL India on 13 September 2002, he would have got 12626 shares.
profit from bonus
The Maharatna company has given bonus shares to its investors 5 times since then. Had the investment of Rs 1 lakh been retained, then at present the person would have a total of 101007 shares after getting the bonus shares. GAIL India shares are trading at a level of Rs 91.35 on the Bombay Stock Exchange (BSE) on Monday. In such a situation, the total money is Rs 92.26 lakh.
1 bonus share given for every 1 share
GAIL India has given bonus shares 5 times in the last 20 years. GAIL India has given bonus shares in the ratio of 1:2 in October 2008. It is to be known that the company has given bonus shares in the ratio of 1:3 in March 2017. The company has gifted the investors bonus shares in the ratio of 1:3 in March 2018. GAIL India has given bonus shares in the ratio of 1:1 as on July 2019. The company gave 1 bonus share for every 1 share. Recently, the government company has given bonus shares in the ratio of 1: 2.