GAIL (India) Ltd

(GAIL)

GAIL Stock Sees Moderate Gains Amid Market Activity - 22 Nov, 2024

GAIL (India) Ltd. shares rose 1.11% to Rs 190.50, with a total traded quantity of 237,069 shares. The stock's P/E ratio is 10.92, and it has a 52-week high of Rs 246.35. The RSI stands at 35.66, indicating potential oversold conditions. Promoters hold 51.92% stake.

GAIL Secures Gas Supply Agreement and Recruitment Drive - 20 Nov, 2024

GAIL (India) Ltd has entered a gas supply agreement with Vedanta Aluminium for its Jharsuguda smelter, promoting sustainability. Additionally, GAIL is recruiting for 261 positions, enhancing its workforce.

GAIL India Cuts Gas Allocation, Downgrades Expected - 19 Nov, 2024

GAIL India has reduced domestic gas allocation significantly, impacting city gas distributors. Analysts from Citi and Nomura downgraded these distributors by 10-14% following the announcement.

GAIL Achieves Awards Amidst Market Challenges - 18 Nov, 2024

GAIL (India) Ltd. secured a 10-year LNG agreement with ADNOC and won the SAP ACE Award for financial transformation, despite facing challenges from reduced gas allocations affecting CGD companies.

GAIL Secures Long-Term LNG Supply Agreement - 15 Nov, 2024

GAIL (India) Limited has signed a significant 10-year Sales and Purchase Agreement with ADNOC Gas for the supply of up to 0.52 million tonnes of LNG annually, starting in 2026. This marks the first long-term LNG agreement between ADNOC Gas and an Indian buyer, enhancing GAIL's LNG portfolio to meet rising demand.

GAIL Secures Long-Term LNG Supply Agreement - 14 Nov, 2024

GAIL (India) Ltd has signed a landmark 10-year Sales and Purchase Agreement with ADNOC Gas for up to 0.52 million tonnes of LNG annually, starting in 2026. This agreement marks ADNOC Gas's first deal with an Indian buyer and aims to enhance India's natural gas supply amid rising demand.

GAIL Stock Declines, Market Cap Drops Significantly - 12 Nov, 2024

On November 12, 2024, GAIL (India) Limited's stock fell by 3.46%, resulting in a market capitalization decrease of Rs 4,613 crore. The stock traded at Rs 195.90.

Motilal Oswal Recommends Buy on GAIL (India) - 11 Nov, 2024

Motilal Oswal Financial Services has a buy rating on GAIL (India) Ltd with a target price of Rs 265, citing strong fundamentals and growth potential in various segments. The company reported a net profit of Rs 2323.73 crore for the latest quarter, despite a slight decline in total income. Promoter and institutional ownership remains robust.

GAIL Faces Share Decline Amid LNG Acquisition Plans - 08 Nov, 2024

On November 8, GAIL (India) Ltd experienced a 2.75% drop in shares, leading to a ₹3,750 crore market cap loss. Concurrently, GAIL announced plans to acquire 60 LNG cargoes over five years, with a tender closing soon.

GAIL Reports Strong Q2 Performance Amid Mixed Analyst Views - 07 Nov, 2024

GAIL (India) Ltd reported a 10% rise in Q2 FY25 net profit, driven by gas transmission and petrochemical segments. Analysts are divided, with some upgrading ratings while others express valuation concerns. The company anticipates favorable growth factors for the upcoming fiscal years.

GAIL Reports Strong Q2 Earnings, Positive Analyst Outlook - 06 Nov, 2024

GAIL (India) Ltd reported a 10% rise in Q2 net profit to Rs 2,690 crore, with analysts from Morgan Stanley and Jefferies issuing positive ratings and growth forecasts. The company's revenue from operations also showed marginal growth, supported by strong performance in gas transmission and petrochemicals.

GAIL Reports Strong Q2 FY25 Earnings Growth - 05 Nov, 2024

GAIL (India) Ltd reported a 9.41% increase in net profit to ₹2,672 crore for Q2 FY25, driven by improved earnings in gas transmission and a turnaround in the petrochemical segment. Revenue from operations rose 3% to ₹32,912 crore. The company expects continued profitability in the petrochemical segment for FY 2024-25.

GAIL (India) Schedules Q2 Results Meeting - 04 Nov, 2024

GAIL (India) Limited will hold a Board meeting on November 5, 2024, to discuss Q2 results. The stock closed at Rs 200.20, up 0.13%, despite a 16.48% decline over the past month. Year-to-date, shares have increased by 20.38%. GAIL's trading window is closed until November 7, 2024, due to insider trading regulations.

GAIL Engaged in Major Joint Venture Projects - 03 Nov, 2024

GAIL (India) Ltd is involved in significant joint venture projects with Coal India, BHEL, and SAIL in Odisha and West Bengal, enhancing its operational footprint.

GAIL Reports Strong Q1 Results Ahead of Q2 Earnings - 02 Nov, 2024

GAIL (India) Ltd is set to announce its Q2 results on November 5. In Q1FY25, the company reported a 77% increase in profit-after-tax, reaching ₹3,183.35 crore, alongside a 6% rise in consolidated revenue to ₹34,821.89 crore compared to the previous year.

GAIL and VERBIO Sign MoU for Biogas Plants - 29 Oct, 2024

GAIL (India) Limited and VERBIO India Private Limited signed an MoU to explore Agricultural Residue-based Compressed Biogas plants in India, promoting sustainable energy. GAIL may also consider acquiring equity in VERBIO's existing CBG plant in Punjab. The stock has risen 80% from its 52-week low, reflecting strong performance.

GAIL Advances in Green Hydrogen and Biogas Initiatives - 26 Oct, 2024

GAIL (India) Limited signed an MoU with VERBIO India to establish biogas plants and received the Green Hydrogen Project of the Year award for its pilot project in Madhya Pradesh, highlighting its commitment to sustainable energy solutions.

GAIL Partners with VERBIO for Biogas Development - 25 Oct, 2024

GAIL (India) Limited has signed a Memorandum of Understanding with VERBIO India to collaborate on developing Agricultural Residue-based Compressed Biogas facilities, aiming for joint ventures and feasibility studies.