|Bid||381.75 x 0|
|Ask||381.75 x 0|
|Day's range||380.00 - 386.45|
|52-week range||279.15 - 399.40|
|PE ratio (TTM)||17.93|
|Forward dividend & yield||11.47 (3.15%)|
|1y target est||411.90|
India is working on plans to enable gas utility GAIL to keep its marketing and pipeline operations separate without breaking up the company, India's oil minister said on Thursday. "My job is not to create more companies, my job is to create more accessibility through policy," Dharmendra Pradhan, India's oil minister said on Thursday.
Indian gas utility GAIL (India) has switched its focus to short-term and spot deals for the purchase of liquefied natural gas (LNG) to meet rising demand and hedge against price volatility, its chairman said. The move from longer-term deals comes as India builds infrastructure, including pipelines and import facilities, to raise the share of gas in its energy mix to 15 percent by 2030 from the current level of about 6.5 percent. Supply under GAIL's long-term deals with companies in the United States began this year.
State-owned gas utility GAIL Ltd's fourth-quarter profit surged nearly four-fold, but missed analysts' expectations. Profit rose to 10.21 billion rupees in the three months ended March 31, from 2.60 billion ...
MUMBAI/NEW DELHI (Reuters) - India plans to split state-run gas utility GAIL by March next year to create two companies: one marketing gas, and another operating pipelines that can be used by consumers who buy direct from producers, the head of the sector's regulator told Reuters. GAIL (India) Ltd is the country's biggest gas marketing and trading firm and owns most of the nation's pipelines, giving it a stranglehold on the market for the fuel. By splitting GAIL, the regulator of India's oil and gas sector hopes to increase the number of gas consumers and attract the billions of dollars needed to expand the pipeline network and build more liquefied natural gas (LNG) terminals.
GAIL to begin getting liquefied natural gas under reworked deal with Gazprom from May, India's oil minister Dharmendra Pradhan told lawmakers on Wednesday. GAIL signed a 2.5 million tonnes a year LNG import ...
India's state-owned GAIL Ltd on Friday said it would be annually receiving about 90 cargoes of liquefied natural gas from Sabine Pass and Cove Point LNG terminals in the U.S. GAIL has long-term deals to ...
Mumbai, Feb 21 (IANS) Essar Oilfields Services India Ltd announced on Wednesday that it has won a contract worth Rs 28 crore from state-run gas utility GAIL India to drill three firm and two optional wells in the Cambay Basin in Gujarat. Drilling for the project is expected to commence in April-May 2018, Essar said in a release here. "Essar Oilfields Services India Ltd (EOSIL) today (Wednesday) ... has been awarded a Rs 28-crore contract by Gas Authority of India Ltd (GAIL) to drill three firm plus two optional wells in Gujarat's Cambay Basin," it said.
State-run gas utility GAIL Ltd on Monday posted a 28 percent jump in third-quarter profit, but missed analysts' estimates. Profit from continuing operations rose to 12.62 billion rupees for the quarter ...
New Delhi, Jan 16 (IANS) Leading natural gas company GAIL on Tuesday said it has re-negotiated the "price and volume" of the long-term LNG sale and purchase agreement (SPA) with Russia's Gazprom. "The two parties have agreed to an adjustment to the price and volume of LNG supply thus enabling GAIL to develop incremental gas markets to offtake these volumes thereby mitigating volume risk," the company said in a statement. Gail had entered into a long-term LNG SPA building up to 2.5 MMTPA on a DES (Discharge-ex-Ship) basis with Gazprom Marketing & Trading Singapore (GMTS) in 2012.
New Delhi, Jan 1 (IANS) State-run gas transmission utility GAIL India (GAIL) on Monday said it has commissioned the country's second biggest rooftop solar power plant in Uttar Pradesh. The 5.76 megawatt ...
GAIL (India) Ltd will skip medium-term liquefied natural gas (LNG) deals for 2018 as it starts getting supplies from its U.S. portfolio from February, its head of finance said. "... We used to buy every year one medium-term contract to cater to domestic demand. GAIL, India's biggest natural gas transmission and marketing company, has signed contracts for sourcing up to 5.8 million tonnes of LNG from the United States.
New Delhi, Nov 14 (IANS) State-run gas transmission utility GAIL India (GAIL) on Tuesday posted a 41.6 per cent rise in net profit for the second quarter ending September at Rs 1,309.63 crore, boosted by handsome earnings from its gas transportation and marketing business. GAIL's net profit for the same quarter last year was Rs 924.65 crore, the company said in a statement here. It earned a pre-tax profit of Rs 853.48 crore from gas transmission business during the second quarter, as compared with Rs 660.74 crore in the same quarter last year.