GAIL India is offering gas supplies from the US at $12-13, a minimum of one dollar cheaper than the price at which India currently imports the fuel from Qatar on long-term contracts. The company has proposed to resell it to Indian customers at prices tied to the US benchmark as an alternative to contracts linked to oil prices.
Recently, the company had signed LNG procurement contracts from US indexed to Henry Hub prices. We are offering the same Henry Hub indexation price to customers in India.
The company posted a rise of 57.24% in its net profit at Rs 972.03 crore for the quarter ended March 31, 2014 as compared to Rs 618.18 crore for the same quarter in the previous year. Total income of the company increased by 17.56% at Rs 14977.89 crore for quarter under review as compared to Rs 12740.29 crore for the quarter ended March 31, 2013.
| Company Name | CMP |
|---|---|
| GAIL India | 166.50 |
| Gujarat Gas | 396.55 |
| Indraprastha Gas | 166.25 |
| Mahanagar Gas | 1171.95 |
| Adani Total Gas | 633.70 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: