GAIL plans to call off contracts worth Rs 270 crore with IL&FS: Report

Date: 18-01-2019

GAIL India is reportedly planning to call off Rs 270 crore pipe laying contracts with IL&FS. Due to its financial crisis IL&FS is unable to pay its subcontractors and suppliers, which in turn delaying the project. The company is planning to take away the two contracts from IL&FS and award these to others for speedy completion of the project.

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.

Latest Financials

Latest Financials

 - GAIL (India) Ltd.

  Standalone Consolidated
TTM EPS (Rs) 13.42 14.51
TTM Sales (Rs. Cr.) 76,140 76,190
BVPS (Rs.)
The total value that a company will fetch upon liquidation (if it is closed down), after settling all obligations is called its Book Value. Book value of a company includes only tangible assets. Book value allocated to each outstanding share is called Book Value per share
105.62 109.77
Reserves (Rs. Cr.)
The term reserve represents a part of shareholders' equity, except for basic share capital. Reserves are created from retained earnings and shareholders' contributions in the form of share premium etc.
43,125 44,996
Price to Book Value is the ratio of stock's market value to its book value. It gives some idea of whether investors are paying too much for what would be left if the company went bankrupt immediately. To get high returns, it is advisable to invest in a company which satisfies all the criteria set by MoneyWorks4me and which has low price to book value ratio.
1.18 1.13
It is the ratio of market price and earnings per share. It shows what the market is willing to pay for the company's earnings. To get high returns it is advisable to invest in the company which satisfies all the criteria set by MoneyWorks4me and which has low price to earnings ratio as compared to the industry.
9.27 8.57
From the Market
52 Week High / Low (Rs) 197.40/119.65
All Time High / Low (Rs) 199.40/6.38
Volume Traded 2,40,134
Market Cap (Rs. Cr.) 56,129
Equity (Rs. Cr.) 4,510.14
Face Value (Rs) 10
Industry PE
Industry price to earnings per share tells on an average, what the market is willing to pay for overall earnings in that industry. It can be used as a benchmark price to earnings ratio for the companies in that industry.
124.45 0.00 (0.00%)
Aug 23, 18:59
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