GAIL (India) is currently trading at Rs. 383.70, up by 2.65 points or 0.70% from its previous closing of Rs. 381.05 on the BSE.
The scrip opened at Rs. 384.75 and has touched a high and low of Rs. 386.75 and Rs. 381.70 respectively. So far 38817 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 433.50 on 03-May-2017 and a 52 week low of Rs. 269.25 on 29-Sep-2016.
Last one week high and low of the scrip stood at Rs. 386.75 and Rs. 367.20 respectively. The current market cap of the company is Rs. 65064.43 crore.
The promoters holding in the company stood at 54.88%, while institutions and non-institutions held 40.46% and 4.65% respectively.
GAIL (India) is approaching the US LNG sellers to reopen the contracts. The state-owned gas utility company is seeking to renegotiate price of the LNG it has contracted from the US. The company has deals to buy 5.8 million tonnes of US LNG per annum for 20 years.
GAIL (India) is India’s principal Natural Gas Company with activities ranging from Gas Transmission and Marketing to Processing (for fractionating LPG, Propane, SBP Solvent and Pentane); transmission of Liquefied Petroleum Gas (LPG); production and marketing of Petrochemicals like HDPE and LLDPE and leasing bandwidth in Telecommunications.
