SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Gail trades higher on the BSE

30 Mar 2016 Evaluate

GAIL India is currently trading at Rs. 359.00, up by 11.70 points or 3.37% from its previous closing of Rs. 347.30 on the BSE.

The scrip opened at Rs. 354.75 and has touched a high and low of Rs. 359.95 and Rs. 350.90 respectively. So far 51401 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 418.00 on 25-Jun-2015 and a 52 week low of Rs. 260.25 on 25-Aug-2015.

Last one week high and low of the scrip stood at Rs. 361.75 and Rs. 346.10 respectively. The current market cap of the company is Rs. 45506.63 crore.

The promoters holding in the company stood at 56.74% while Institutions and Non-Institutions held 40.77% and 2.46% respectively.

GAIL India, state-run gas utility firm has started drilling its first exploration well in an onland oil and gas block in Cambay basin in Gujarat. First exploratory well on NELP-IX Block CB-ONN-2010/11 was spudded on March 27, 2016. The well is situated in Dugari village at Tarapur Tehsil of Anand District of Gujarat.

GAIL is the lead operator of the block with 25% participating interest in it. Other partners in this block are Bharat Petro Resources, Engineers India, Monnet Ispat Energy and Bharat Forge Infrastructure.  Drilling of target depth of 2,500 meters of this well is scheduled to be completed in 40 to 45 days followed by testing for another 10 to 15 days. This will target Cambay Shale and Olpad formations.

The consortium will drill eight exploratory wells in the initial Exploration Phase as per minimum work commitment of Production Sharing Contract (PSC). While this phase will continue till March 2017, Acquisition, Processing and Interpretation (API) of 2D and 3D Seismic Data have already been completed.

GAIL is India’s flagship natural gas company integrating all aspects of the natural gas value chain including exploration and production, processing, transmission, distribution and marketing and related services.


GAIL India Share Price

165.65 1.90 (1.16%)
06-May-2026 16:59 View Price Chart
Peers
Company Name CMP
GAIL India 165.65
Gujarat Gas 397.45
Indraprastha Gas 169.50
Mahanagar Gas 1168.60
Adani Total Gas 650.95
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×