GAIL (India) is currently trading at Rs. 96.75, up by 0.45points or 0.47% from its previous closing of Rs. 96.30 on the BSE.
The scrip opened at Rs. 97.50 and has touched a high and low of Rs. 98.50 and Rs. 96.05 respectively. So far 90243 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 169.48 on 06-Jun-2019 and a 52 week low of Rs. 65.70 on 19-Mar-2020.
Last one week high and low of the scrip stood at Rs. 99.75 and Rs. 88.50 respectively. The current market cap of the company is Rs. 43432.67 crore.
The promoters holding in the company stood at 52.06%, while Institutions and Non-Institutions held 42.92% and 5.02% respectively.
GAIL (India) has signed a Memorandum of Understanding (MoU) with Energy Efficiency Services (EESL) for cooperation in development of Trigeneration projects in India.
The MoU aims at building a closer strategic partnership between the two companies by jointly exploring business opportunities in Trigeneration business segment in India. Under this MoU, GAIL & EESL shall jointly undertake studies and if found viable, 50:50 joint venture between GAIL & EESL will be incorporated for undertaking Trigeneration projects.
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.
