Edition:
India

GAIL (India) Ltd (GAIL.BO)

GAIL.BO on Bombay Stock Exchange

349.25INR
22 Mar 2019
Change (% chg)

Rs-4.90 (-1.38%)
Prev Close
Rs354.15
Open
Rs353.00
Day's High
Rs358.60
Day's Low
Rs348.00
Volume
40,240
Avg. Vol
210,603
52-wk High
Rs398.80
52-wk Low
Rs296.00

Latest Key Developments (Source: Significant Developments)

Gail (India) Dec-Qtr Profit Up 33.2 Pct
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - GAIL (India) Ltd ::DEC QUARTER PROFIT 16.81 BILLION RUPEES VERSUS PROFIT OF 12.62 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR DEC QUARTER PROFIT WAS 15.51 BILLION RUPEES.DEC QUARTER REVENUE FROM OPERATIONS 197.89 BILLION RUPEES VERSUS 144.14 BILLION RUPEES LAST YEAR.DECLARED DIVIDEND OF 6.25 RUPEES PER SHARE.  Full Article

Deepak Fertilisers And Petrochemicals Corp Says Delhi HC Upheld Order In Co's Favor
Thursday, 27 Dec 2018 

Dec 27 (Reuters) - Deepak Fertilisers and Petrochemicals Corp Ltd ::DEEPAK FERTILISERS AND PETROCHEMICALS CORP - DELHI HC DID NOT FIND ANY MERITS IN GAIL'S OBJECTION & DISMISSED CLAIM & UPHELD ORDER IN CO'S FAVOR.  Full Article

Gail Gas Ltd Signs MoU With Energy Efficiency Services
Monday, 12 Nov 2018 

Nov 12 (Reuters) - Gail Gas Limited::SIGNED MOU WITH ENERGY EFFICIENCY SERVICES LTD.DEAL FOR IMPLEMENTATION OF CO-GENERATION AND TRI-GENERATION PROJECTS AND USE OF NATURAL GAS IN INDUSTRIAL AND COMMERCIAL SEGMENTS.  Full Article

GAIL (India) Says Award Of Contract For Purchase Of Line Pipe Worth 11 Bln Rupees
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - GAIL (India) Ltd ::GAIL (INDIA) LTD - AWARD OF CONTRACT FOR PURCHASE OF 616 KM OF LINE PIPE WORTH 11 BILLION RUPEES FOR BARAUNI - GUWAHATI PIPELINE.GAIL (INDIA) LTD - CONTRACT WILL ENSURE COMMENCEMENT OF SPURLINE LAYING ACTIVITIES OF THE BARAUNI — GUWAHATI PIPELINE FROM DECEMBER 2018.  Full Article

Gail (India) March Qtr Profit Rises Nearly Four-Fold
Thursday, 24 May 2018 

May 24 (Reuters) - GAIL (India) Ltd ::MARCH QUARTER NET PROFIT 10.21 BILLION RUPEES VERSUS PROFIT OF 2.60 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER PROFIT WAS 13.55 BILLION RUPEES.MARCH QUARTER REVENUE FROM OPERATIONS 154.31 BILLION RUPEES VERSUS 136.74 BILLION RUPEES LAST YEAR.RECOMMENDED FINAL DIVIDEND OF 1.44 RUPEES PER SHARE.  Full Article

India's Gail Chairman Says Kochi-Mangalore Pipeline Will Be Ready By November
Thursday, 12 Apr 2018 

April 12 (Reuters) - GAIL (India) Ltd ::INDIA'S GAIL CHAIRMAN SAYS GAS SUPPLY FROM RUSSIA'S GAZPROM TO START FROM NEXT MONTH, WILL GET 8 CARGOES FROM THEM IN 2018.INDIA'S GAIL CHAIRMAN SAYS WILL GET 80 CARGOES FROM US IN 2018.INDIA'S GAIL CHAIRMAN SAYS COMPANY'S NATIONAL GAS GRID WILL BE READY BY 2022.MANGALORE PIPELINE WILL BE READY BY NOVEMBER.  Full Article

GAIL (India) and Gazprom Re-Negotiate Long-Term LNG Sale And Purchase Agreement
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Gail (India) Ltd ::SAYS GAIL, GAZPROM HAS RE-NEGOTIATED LONG-TERM LNG SALE AND PURCHASE AGREEMENT (SPA) ORIGINALLY SIGNED IN 2012.SAYS TWO PARTIES HAVE AGREED TO AN ADJUSTMENT TO PRICE AND VOLUME OF LNG SUPPLY.  Full Article

GAIL (India) Approves Payment Of Interim Dividend Of 7.65 Rupees/Share
Friday, 12 Jan 2018 

Jan 12 (Reuters) - GAIL (India) Ltd ::SAYS APPROVED PAYMENT OF INTERIM DIVIDEND OF 7.65 RUPEES PER EQUITY SHARE.  Full Article

Gail (India) Places Line Pipe Orders For About 400Km Pipeline Connectivity
Friday, 29 Dec 2017 

Dec 29 (Reuters) - Gail (India) Ltd ::SAYS PLACED LINE PIPE ORDERS FOR ABOUT 400KM FOR PIPELINE CONNECTIVITY FROM DOBHI IN BIHAR TO DURGAPUR IN WEST EBNGAL.  Full Article

Punj Lloyd Gets Orders From Gail (India), NHAI
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Punj Lloyd Ltd ::GETS ORDER FROM GAIL (INDIA) FOR LAYING, CONSTRUCTION OF STEEL PIPELINE ALONG WITH ASSOCIATED FACILITIES WORTH 2.76 BILLION RUPEES.GETS ORDER FOR UPGRADATION OF YARGI-KALEWA ROAD SECTION IN MYANMAR WORTH 11.77 BILLION RUPEES IN JV WITH VARAHA INFRA, AWARDED BY NHAI.  Full Article

India LNG demand journey to be shaky, slow due to infrastructure limits

SINGAPORE/NEW DELHI India's demand for liquefied natural gas (LNG) is set to rise by about 10 percent this year even as the country adds import capacity at a faster clip, because infrastructure constraints keep gas from getting to consumers and hinder growth rates.