Government mulling to split GAIL India

16 Jul 2019

The government is mulling to split GAIL (India) by hiving off its pipeline business into a separate entity and selling it off to strategic investors. GAIL is India's biggest natural gas marketing and trading firm and owns more than two-thirds of the country's 16,234 km pipeline network, giving it a stranglehold on the market.

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.

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GAIL India Share Price

123.80 -6.55 (-5.02%) Nov 13, 18:51
1 Year Price Chart
Peers
Company Name CMP
GAIL India 123.80
Petronet LNG 278.70
Indraprastha Gas 422.85
Linde India 592.75
Confidence Petroleum 28.75
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Sensex vs GAIL India
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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