SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Gail (India) incorporates a wholly owned subsidiary

29 Sep 2011 Evaluate

State-run gas utility - GAIL (India) has formed a wholly owned subsidiary of the company with the name of ‘GAIL Global (USA) Incorporation’. Recently the company was likely to open up a trading desk in Singapore in the next few months that could eventually seek outside customers. Since company’s requirements are growing, it plans to activate its subsidiary as a trading arm in a matter of a couple of months.

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.

The company’s net profit for the quarter ended June 30, 2011 has increased by 11.03% at Rs 984.67 crore as compared to Rs 886.88 crore for the same quarter last year. Its total income increased by 24.99% to Rs 8953.65 crore for the quarter under review from Rs 7163.50 crore for the corresponding quarter of the previous year.

GAIL India Share Price

162.50 -4.00 (-2.40%)
11-May-2026 16:59 View Price Chart
Peers
Company Name CMP
GAIL India 162.50
Gujarat Gas 381.10
Indraprastha Gas 160.70
Mahanagar Gas 1106.55
Adani Total Gas 620.95
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:

×