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Godawari Power and Ispat moves higher on entering into agreement with GAIL (India) Godawari Power and Ispat is currently trading at Rs. 246.25, up by 12.15 points or 5.19% from its previous closing of Rs. 234.10 on the BSE. The scrip opened at Rs. 238.85 and has touched a high and low of Rs. 253.60 and Rs. 235.55 respectively. So far 303742 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 253.60 on 12-Dec-2024 and a 52 week low of Rs. 131.60 on 20-Mar-2024. Last one week high and low of the scr...
Godawari Power and Ispat moves higher on entering into agreement with GAIL (India)
Godawari Power and Ispat moves higher on entering into agreement with GAIL (India)
Source: Accord Fintech
2024-12-12 10:32:04 am
GAIL signs pact to revive petrochemical plant in Mangalore Government-owned gas giant GAIL (India) Limited has announced that its wholly-owned subsidiary GAIL Mangalore Petrochemicals Limited (GMPL), has re-engaged with process licensor INEOS to support the revival of its plant.    The renewed collaboration has been formalised through an amendment agreement signed here, GAIL said. "This marks a significant step towards the revival of GMPL's 1.25 MMTPA Purified Terephthalic Acid (PTA) manufacturing plant located at the Special...
GAIL signs pact to revive petrochemical plant in Mangalore
GAIL signs pact to revive petrochemical plant in Mangalore
Source: IANS
2024-11-29 08:47:00 am
Buy GAIL Ltd For Target Rs.255 By Emkay Global Financial Services We upgrade GAIL to BUY from Add due to the recent stock correction, and lower Sep-25E TP by 5% to Rs255. GAIL reported Q2FY25 SA EBITDA of Rs37.4bn, a 4% slip, mainly due to a 25% miss in gas marketing (lower margins) and 7% miss in transmission (higher opex), partly offset by better petchem and other segments. Management reiterated its transmission volume guidance of >130mmscmd in FY25 and 10-12mmscmd annual growth in FY26-27. Marketing margin guidance of >Rs45bn should also rise post-...
Buy GAIL Ltd For Target Rs.255 By Emkay Global Financial Services
Buy GAIL Ltd For Target Rs.255 By Emkay Global Financial Services
Source: Emkay Global Financial Services Ltd
2024-11-21 03:52:29 pm
Buy GAIL Ltd For Target Rs.265 By Motilal Oswal Financial Services Ltd Tariff hikes, transmission volumes to drive FY26E profitability * GAIL’s 2QFY25 performance was in line, with transmission EBITDA being stable QoQ, petchem turning profitable again in 2Q (on higher volumes), and trading business performance being largely in line with expectations. We see three catalysts ahead for FY26-27: 1) potential ~10% tariff hike for the transmission business in 4QFY25; 2) moderate but sustained growth in transmission/marketing volumes in FY26-27 (with pote...
Buy GAIL Ltd For Target Rs.265 By Motilal Oswal Financial Services Ltd
Buy GAIL Ltd For Target Rs.265 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-11-21 12:24:46 pm
Stock Picks : Indian Hotels Company Ltd and GAIL Ltd By ICICI Direct Indian Hotels Company Ltd Buy Indian Hotels Company Ltd @ 730-732 Target 739.00 Stop Loss 726.80   GAIL Ltd Sell GAIL Ltd @ 192-193 Target 190.00 Stop Loss 194.30   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Indian Hotels Company Ltd and GAIL Ltd By ICICI Direct
Stock Picks : Indian Hotels Company Ltd and GAIL Ltd By ICICI Direct
Source: ICICI Direct
2024-11-18 10:51:57 am
Buy GAIL Ltd For Target Rs. 240 by Yes Securities Ltd Natural Gas trading disappoints; PBT in line, supported by lower depreciation GAIL's Q2 FY25 performance was a mix bag, with EBITDA/PAT at Rs37.5bn/Rs26.7bn, up 7.3%/11.1% YoY, EBITDA missing expectations on poor gas trading performance. Natural Gas transmission was in line on better volumes and margins. Petchem reported a positive surprise while other segments were in line to our expectations. The management guidance on volume growth for NG transmission segment annually at 10-12mmscmd...
Buy GAIL Ltd For Target Rs. 240 by Yes Securities Ltd
Buy GAIL Ltd For Target Rs. 240 by Yes Securities Ltd
Source: Yes Securities Ltd.
2024-11-16 03:46:02 pm
Buy Gail Ltd For Target Rs.255 By JM Financial Services Earnings miss due to normalisation of gas trading margin GAIL’s 2QFY25 standalone EBITDA was lower at INR 37.5bn vs. JMFe/consensus of INR 42.2bn/ INR 40.3bn primarily due to lower-than-expected EBITDA from the gas trading segment; it was also partly driven by slightly lower gas transmission EBITDA. Petchem segment EBITDA was largely in line as marginally lower sales volume was offset by robust margin. Further, LPG & OHC segment EBITDA was also largely in line with slightly highe...
Buy Gail Ltd For Target Rs.255 By JM Financial Services
Buy Gail Ltd For Target Rs.255 By JM Financial Services
Source: JM Financial Services Ltd
2024-11-07 02:49:16 pm
GAIL (India) surges on the BSE GAIL is currently trading at Rs. 214.75, up by 5.85 points or 2.80% from its previous closing of Rs. 208.90 on the BSE. The scrip opened at Rs. 209.85 and has touched a high and low of Rs. 216.50 and Rs. 208.50 respectively. So far 375654 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 246.30 on 31-Jul-2024 and a 52 week low of Rs. 122.90 on 22-Nov-2023. Last one week high and low of the scrip stood at Rs. 216....
GAIL (India) surges on the BSE
GAIL (India) surges on the BSE
Source: Accord Fintech
2024-11-07 10:49:00 am
GAIL zooms as its Q2FY25 consolidated net profit rises by 10% GAIL (India) is currently trading at Rs. 207.60, up by 11.20 points or 5.70% from its previous closing of Rs. 196.40 on the BSE. The scrip opened at Rs. 200.05 and has touched a high and low of Rs. 209.95 and Rs. 200.05 respectively. So far 968706 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 246.35 on 31-Jul-2024 and a 52 week low of Rs. 122.90 on 22-Nov-2023. Last one week high and low of the scrip stood at...
GAIL zooms as its Q2FY25 consolidated net profit rises by 10%
GAIL zooms as its Q2FY25 consolidated net profit rises by 10%
Source: Accord Fintech
2024-11-06 02:52:46 pm
GAIL clocks net profit of Rs 2,672 crore in Q2 Government-owned gas giant GAIL (India) Ltd reported revenue from operations of Rs 66,622 crore for the April–September period of the current financial year as compared to Rs 64,050 crore in the same period of 2023-24.   Profit before Tax (PBT) for the first half of (H1) FY25 stood at Rs 7,095 crore as compared to Rs 5,019 crore for the corresponding period in the previous year. The company’s profit after tax (PAT) stood at Rs 5,396 crore in H1 FY25 as compared to Rs 3,817...
GAIL clocks net profit of Rs 2,672 crore in Q2
GAIL clocks net profit of Rs 2,672 crore in Q2
Source: IANS
2024-11-06 10:15:57 am
Stock Picks : Larsen&Toubro Ltd And GAIL Ltd By ICICI Direct Larsen&Toubro Ltd Buy Larsen&Toubro Ltd @ 3578-3582 Target 3618.00 Stop Loss 3561.80   GAIL Ltd Buy Indian Energy Exchange Ltd @ 221-222 Target 219.00 Stop Loss 222.80   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Larsen&Toubro Ltd And GAIL Ltd By ICICI Direct
Stock Picks : Larsen&Toubro Ltd And GAIL Ltd By ICICI Direct
Source: ICICI Direct
2024-10-22 11:47:34 am
Stock Picks : ITC Ltd And GAIL India Ltd By ICICI Direct ITC Ltd Buy ITC Ltd @ 504-505 Target 511.00 Stop Loss 501.40   GAIL India Ltd Buy GAIL India Ltd @ 232-233 Target 236.20 Stop Loss 230.80   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : ITC Ltd And GAIL India Ltd By ICICI Direct
Stock Picks : ITC Ltd And GAIL India Ltd By ICICI Direct
Source: ICICI Direct
2024-08-23 12:18:19 pm
Petronet LNG inches up on inking MoU with LTL Holdings Petronet LNG is currently trading at Rs. 378.70, up by 0.30 points or 0.08% from its previous closing of Rs. 378.40 on the BSE. The scrip opened at Rs. 384.90 and has touched a high and low of Rs. 384.90 and Rs. 378.70 respectively. So far 70598 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 384.90 on 21-Aug-2024 and a 52 week low of Rs. 191.65 on 10-Nov-2023. Last one week high and low of the scrip stood at R...
Petronet LNG inches up on inking MoU with LTL Holdings
Petronet LNG inches up on inking MoU with LTL Holdings
Source: Accord Fintech
2024-08-21 10:24:10 am
Stock Picks : GAIL India Ltd And Divis Laboratories Ltd By ICICI Direct GAIL India Ltd Buy GAIL India Ltd @ 230-231 Target 233.50 Stop Loss 229.40   Divis Laboratories Ltd  Buy Divis Laboratories Ltd  @ 4870-4875 Target 4926.00 Stop Loss 4846.00   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : GAIL India Ltd And Divis Laboratories Ltd By ICICI Direct
Stock Picks : GAIL India Ltd And Divis Laboratories Ltd By ICICI Direct
Source: ICICI Direct
2024-08-13 10:36:02 am
Coal India, GAIL ink pact to set up plant for converting coal to synthetic natural gas Leading Maharatna public sector companies Coal India Limited and GAIL (India) Limited have signed a landmark joint venture agreement for setting up a Coal to Synthetic Natural Gas plant using surface coal gasification technology, the Ministry of Coal announced on Tuesday.  The plant to come up in the Raniganj area of Eastern Coalfields Limited in West Bengal is expected to produce 80000 Nm3 per hour of Synthetic Natural Gas (SNG). The annual production is slated at 633.6 million Nm3 p...
Coal India, GAIL ink pact to set up plant for converting coal to synthetic natural gas
Coal India, GAIL ink pact to set up plant for converting coal to synthetic natural gas
Source: IANS
2024-08-06 06:18:20 pm
GAIL gains on signing joint venture agreement with Coal India GAIL (India) is currently trading at Rs. 227.40, up by 2.80 points or 1.25% from its previous closing of Rs. 224.60 on the BSE. The scrip opened at Rs. 225.20 and has touched a high and low of Rs. 230.50 and Rs. 225.20 respectively. So far 719889 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 246.35 on 31-Jul-2024 and a 52 week low of Rs. 111.50 on 18-Aug-2023. Last one week high and low of the scrip stood at ...
GAIL gains on signing joint venture agreement with Coal India
GAIL gains on signing joint venture agreement with Coal India
Source: Accord Fintech
2024-08-06 03:06:44 pm
GAIL clocks 25 per cent rise in Q1 net profit at Rs 2,724 crore GAIL (India) Ltd on Tuesday reported a 25 per cent increase in net profit at Rs 2,724 crore for the April-June quarter of 2024-25, compared to the corresponding figure of Rs 2,177 crore in Q1 FY-24.  The company said that the increase in profit was mainly due to increased gas transmission volumes, increased domestic natural gas marketing volume, and improved natural gas marketing margins. The gas major’s revenue from operations came in at Rs 33,692 crore in Q1 FY-25 as a...
GAIL clocks 25 per cent rise in Q1 net profit at Rs 2,724 crore
GAIL clocks 25 per cent rise in Q1 net profit at Rs 2,724 crore
Source: IANS
2024-07-31 10:37:29 am
Stock Picks : GAIL Ltd And Chambal Fertiliser Ltd By ICICI Direct GAIL Ltd. Buy GAIL Ltd. @ 228.50-229.50 Target 232.80 Stop Loss 227.40   Chambal Fertiliser Ltd. Buy Chambal Fertiliser Ltd. @ 532-533 Target 539.50 Stop Loss 529.30   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : GAIL Ltd And Chambal Fertiliser Ltd By ICICI Direct
Stock Picks : GAIL Ltd And Chambal Fertiliser Ltd By ICICI Direct
Source: ICICI Direct
2024-07-09 10:58:15 am
Buy GAIL Ltd. For Target Rs. 235 By Motilal Oswal Financial Services One-offs mar 4QFY24; robust guidance maintained  * GAIL reported an EBITDA of INR36b in 4QFY24, 4% below our estimate, even as PAT came in 19% below our estimate. The miss was due to a weakerthan-expected performance in the trading segment, a one-off depreciation- related charge of INR1.7b, and lower-than-expected other income. This was partly offset by a strong performance in the petchem and LPG segments, with EBIT coming ahead of our expectations. * GAIL anticipates a robust dome...
Buy GAIL Ltd. For Target Rs. 235 By Motilal Oswal Financial Services
Buy GAIL Ltd. For Target Rs. 235 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-07-01 01:51:59 pm
Accumulate GAIL India Ltd.For Target Rs. 227 - Elara Capital Growth guidance strong PAT up 295% YoY, led by transmission, marketing and petchem GAIL (GAIL IN) posted a PAT of INR 21.8bn versus INR 27.0bn estimated. The negative surprise was due to higher depreciation and interest costs and one-off transmission expenses. But Q4 PAT rose 295% YoY on: 1) a 438% YoY rise in gas transmission EBITDA to INR 16.0bn on 14% volume growth and a 39% rise in tariff, 2) gas marketing EBITDA at INR 16.3bn, up 183% YoY, with normalization of Gazprom supply and ...
Accumulate GAIL India Ltd.For Target Rs. 227 - Elara Capital
Accumulate GAIL India Ltd.For Target Rs. 227 - Elara Capital
Source: Elara Capital
2024-06-07 12:53:05 pm
GAIL net profit jumps 67 per cent in 2023-24 Public sector natural gas giant GAIL on Thursday reported a 67 per cent increase in net profit at Rs 8,836 crore for the financial year 2023-24 compared to the corresponding figure of Rs 5,302 crore in 2022-23. According to a company statement, GAIL's annual revenue from operations rose to Rs 1,30,638 crore in FY24 against Rs 1,44,302 crore in FY23. For the January-March quarter of 2023-24, the company's net profit declined to Rs 2,177 crore against Rs 2,843 crore in Q3 FY24. ...
GAIL net profit jumps 67 per cent in 2023-24
GAIL net profit jumps 67 per cent in 2023-24
Source: IANS
2024-05-17 09:22:30 am
Stock Picks : Hindalco Industries Ltd And GAIL India Ltd By ICICI Direct Hindalco Industries Ltd Buy Hindalco Industries Ltd @633-634 Target 641.00 Stop Loss 629.40   GAIL India Ltd Buy GAIL India Ltd @200-201 Target 203.50?????????????? Stop Loss 198.70   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Hindalco Industries Ltd And GAIL India Ltd By ICICI Direct
Stock Picks : Hindalco Industries Ltd And GAIL India Ltd By ICICI Direct
Source: ICICI Direct
2024-05-09 11:56:25 am
Add GAIL Ltd For Target Rs.177 - Yes Securities Strong performance driven by Natural Gas trading and LPG & LHC segment Our View The resilient performance in Q3FY24 showcased GAIL's strength, with EBITDA/PAT soaring to Rs 38.2bn/Rs 28.4bn, up 14x/11x YoY, exceeding expectations. The standout performers were Natural Gas trading and LPG/LHC segments, while the unexpected EBIT profit in Petchem added to the positive narrative. We give GAIL an ADD rating, with a revised 12-mth TP of Rs177 (vs 166 earlier). Result Highlights ...
Add GAIL Ltd For Target Rs.177 - Yes Securities
Add GAIL Ltd For Target Rs.177 - Yes Securities
Source: Yes Securities Ltd.
2024-04-29 11:52:34 am
Buy GAIL Ltd For Target Rs.200 - Motilal Oswal Financial Services Ltd Robust performance fueled by turnaround in petchem segment * GAIL reported EBITDA of INR38.2b in 3QFY24, 10% above our estimate of INR34.7b. It was driven by stronger-than-expected performances in the gas transmission, LPG, and petchem segments. PAT stood at INR28.4b, beating our estimate of INR24.2b (up 12x YoY). * Management emphasized that improved realization fueled a strong performance in the Liquid Hydrocarbon segment. Additionally, higher petrochemical sales, improved marketing m...
Buy GAIL Ltd For Target Rs.200 - Motilal Oswal Financial Services Ltd
Buy GAIL Ltd For Target Rs.200 - Motilal Oswal Financial Services Ltd
Source: motilal oswal financial services Ltd
2024-04-27 09:11:18 am
Stock of the day : GAIL Ltd For Target Rs.221- Religare Broking GAIL Ltd * GAIL has been in strong uptrend from past more than 5 months with steady rise in volumes. * It has formed a fresh buying pivot holding above its short term moving average and its previous resistance zone. * Following price pattern and uptick in volumes highlights price to resume its prior trend. * Traders can consider fresh longs in the mentioned range. Buy GAIL Ltd CMP 207.40 Range 206-208 SL 200; Target 221...
Stock of the day : GAIL Ltd For Target Rs.221- Religare Broking
Stock of the day : GAIL Ltd For Target Rs.221- Religare Broking
Source: Religare Broking Ltd
2024-04-25 10:19:46 am
Buy GAIL Ltd For Target Rs.200- Motilal Oswal Financial Services Ltd Robust performance fueled by turnaround in petchem segment * GAIL reported EBITDA of INR38.2b in 3QFY24, 10% above our estimate of INR34.7b. It was driven by stronger-than-expected performances in the gas transmission, LPG, and petchem segments. PAT stood at INR28.4b, beating our estimate of INR24.2b (up 12x YoY). * Management emphasized that improved realization fueled a strong performance in the Liquid Hydrocarbon segment. Additionally, higher petrochemical sales, improved marketing m...
Buy GAIL Ltd For Target Rs.200- Motilal Oswal Financial Services Ltd
Buy GAIL Ltd For Target Rs.200- Motilal Oswal Financial Services Ltd
Source: motilal oswal financial services Ltd
2024-04-23 12:03:24 pm
Stock Picks : GAIL Ltd And Tata Steel Ltd By ICICI Direct GAIL Ltd Buy GAIL Ltd @203.50-204.50 Target 207.00 Stop Loss 202.70   Tata Steel Ltd Sell Tata Steel Ltd @162.50-163.00 Target 165.00??????? Stop Loss 161.30     Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : GAIL Ltd And Tata Steel Ltd By ICICI Direct
Stock Picks : GAIL Ltd And Tata Steel Ltd By ICICI Direct
Source: ICICI Direct
2024-04-22 11:16:45 am
Stock Picks : GAIL Ltd And DLF Ltd By ICICI Direct GAIL Ltd Buy GAIL Ltd @195.50-196.50 Target 199.20 Stop Loss 194.10   DLF Ltd Buy DLF Ltd @882-884 Target 872.00 Stop Loss 890.20     Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : GAIL Ltd And DLF Ltd By ICICI Direct
Stock Picks : GAIL Ltd And DLF Ltd By ICICI Direct
Source: ICICI Direct
2024-04-16 09:39:04 am
Buy GAIL Ltd For Target Rs.200 By Motilal Oswal Financial Services -      GAIL reported EBITDA of INR38.2b in 3QFY24, 10% above our estimate of INR34.7b. It was driven by stronger-than-expected performances in the gas transmission, LPG, and petchem segments. PAT stood at INR28.4b, beating our estimate of INR24.2b (up 12x YoY). -      Management emphasized that improved realization fueled a strong performance in the Liquid Hydrocarbon segment. Additionally, higher petroche...
Buy GAIL Ltd For Target Rs.200 By Motilal Oswal Financial Services
Buy GAIL Ltd For Target Rs.200 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-04-15 10:55:50 am
Buy Gail Ltd For Target Rs.175 By JM Financial Services Strong earnings driven by gas trading business GAIL’s 3QFY24 standalone EBITDA was INR 38.2bn, significantly higher than JMFe/consensus of INR 31.8bn/ INR 33.4bn due to continued stronger-than-expected gas trading EBITDA; further LPG and Petchem segment earnings was also better than expected while gas transmission earning was slightly lower than expected. Gas trading EBITDA was significantly higher at INR 20.7bn vs. JMFe of INR 13.8bn driven by further strengthening of competitivenes...
Buy Gail Ltd For Target Rs.175 By JM Financial Services
Buy Gail Ltd For Target Rs.175 By JM Financial Services
Source: JM Financial Services
2024-03-31 01:56:26 pm
India`s GAIL to commission its first green hydrogen project in April State-run natural gas company GAIL (India) Ltd plans to commission its first green hydrogen project in central India in April, three company sources said. The 10-megawatt proton exchange membrane electrolyser for the green-hydrogen producing unit at the Vijaipur complex in Madhya Pradesh state has been imported from Canada, they added. "Once the initial hiccups are sorted at the commissioning stage, we expect to start producing in a month's time," one of the sources said. ...
India`s GAIL to commission its first green hydrogen project in April
India`s GAIL to commission its first green hydrogen project in April
Source: Reuters
2024-03-26 02:03:37 pm
Buy Gail (India) Ltd For Target Rs.236 By Yes Securities GAIL’s heartline en route next leg of growth Highlights of visit to GAIL’s Vijaipur plant in Madhya Pradesh GAIL’s Vijaipur plant is a sprawling natural gas processing complex established in 1991, rated among the country’s leading gas plants. The team showcased the HVJ pipeline’s operational capabilities and shared details of key new energy initiatives: addition of large solar and green hydrogen facility with a Small-Scale LNG (SSLNG) plant which will steer...
Buy Gail (India) Ltd For Target Rs.236 By Yes Securities
Buy Gail (India) Ltd For Target Rs.236 By Yes Securities
Source: Yes Securities Ltd.
2024-03-21 12:47:50 pm
GAIL cuts CNG prices by Rs 2.50 per kg  GAIL (India) Limited, and its wholly owned subsidiary, GAIL Gas Limited on Saturday announced a reduction in the prices of Compressed Natural Gas (CNG) by Rs 2.50 per kg across several key locations in India where it operates retail outlets. The move comes close on the heels of Indraprastha Gas Limited (IGL) reducing the selling price of gas in Delhi and the National Capital Region (NCR) by Rs 2.50 per kg with effect from Thursday. This reduction underscores GAIL's commitment ...
GAIL cuts CNG prices by Rs 2.50 per kg
GAIL cuts CNG prices by Rs 2.50 per kg
Source: IANS
2024-03-10 08:55:01 am
GAIL, ONGC & Shell sign pact for ethane import in Gujarat`s Hazira GAIL (India) Limited, Oil and Natural Gas Corporation (ONGC) and Shell Energy India (SEI) Private Limited on Thursday signed a tripartite memorandum of understanding (MoU) to explore opportunities for import of ethane and other hydrocarbons and development of evacuation infrastructure at Shell Energy Terminal in Gujarat's Hazira port. Earlier, GAIL had entered into a bilateral MoU with SEI for scouting opportunities in different facets of energy cooperation, wherein a feasibility study...
GAIL, ONGC & Shell sign pact for ethane import in Gujarat`s Hazira
GAIL, ONGC & Shell sign pact for ethane import in Gujarat`s Hazira
Source: IANS
2024-03-08 09:28:14 am
Sell GAIL Ltd For Target Rs. 140 - Centrum Broking Ltd GAIL’s robust Q3 performance was buoyed by continued margin expansion in natural gas marketing coupled with positive EBIT contribution from petrochemicals and liq. hydrocarbons segment. Thus, GAIL reported 17.5% QoQ jump in EBITDA at Rs42.1bn vs Rs35.8bn. Natural gas transmission volumes rose 1.0% QoQ at 121.5mmscmd while natural gas sales rose 1.2% QoQ at 98.1mmscmd. The company operated its petrochemicals plant at 101% capacity utilisation thus turning the performance into p...
Sell GAIL Ltd For Target Rs. 140 - Centrum Broking Ltd
Sell GAIL Ltd For Target Rs. 140 - Centrum Broking Ltd
Source: Centrum Broking Ltd
2024-03-07 03:24:43 pm
UAE`s ADNOC Gas signs 10-yr LNG supply agreement with India`s GAIL ADNOC Gas on Tuesday signed a 10-year agreement to supply 0.5 million metric tons per year of liquefied natural gas (LNG) to India's largest Natural Gas Company, GAIL (India) Limited. ADNOC Gas's parent Abu Dhabi National Oil Company has sharpened its focus on the gas market, seeing it as a transition fuel as the world tries to curb planet-warming emissions, and as competition for LNG has ramped up since Russia's invasion of Ukraine in February 2022. "India continues to...
UAE`s ADNOC Gas signs 10-yr LNG supply agreement with India`s GAIL
UAE`s ADNOC Gas signs 10-yr LNG supply agreement with India`s GAIL
Source: Reuters
2024-01-30 03:24:33 pm
GAIL Q3 profit flares up to Rs 2,842.62 crore, interim dividend declared  GAIL (India) Ltd on Monday said it closed the third quarter of FY24 with a higher net profit of Rs 2,842.62 crore on a lower revenue. In a regulatory filing, GAIL said for the quarter ended December 31, 2023, it had earned an operational revenue of Rs 34,253.52 crore (against Q3FY23's Rs 35,380.38 crore) and a net profit of Rs 2,842.62 crore (Rs 245.73 crore). The Board of Directors, in their meeting held on Monday, declared an interim dividend of Rs 5.50 per equity share (fac...
GAIL Q3 profit flares up to Rs 2,842.62 crore, interim dividend declared
GAIL Q3 profit flares up to Rs 2,842.62 crore, interim dividend declared
Source: IANS
2024-01-30 10:37:37 am
GAIL (India) rises on reporting 8-fold jump in Q3 consolidated net profit GAIL (India) is currently trading at Rs. 174.05, up by 2.35 points or 1.37% from its previous closing of Rs. 171.70 on the BSE. The scrip opened at Rs. 175.15 and has touched a high and low of Rs. 175.15 and Rs. 171.70 respectively. So far 649512 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 175.15 on 30-Jan-2024 and a 52 week low of Rs. 91.00 on 03-Feb-2023. Last one week high and low of the scrip stood at R...
GAIL (India) rises on reporting 8-fold jump in Q3 consolidated net profit
GAIL (India) rises on reporting 8-fold jump in Q3 consolidated net profit
Source: Accord Fintech
2024-01-30 10:04:52 am
Add GAIL (India) Ltd For Target Rs.166 - Yes Securities Ltd Bright prospects for Gas transmission business Gas grid: GAIL is making noteworthy progress in developing JHDBPL pipeline; gas flow has begun from FY20 (full capacity of 16mmscmd to be achieved this year). The KochiMangaluru pipeline commissioning and the potential of Kochi-Bengaluru leg (to be ready by FY24) will further boost volumes, supported by PLNG’s Kochi LNG terminal. GAIL will be laying ~9,000km of pipelines over the next year, thereby supporting steady growth in gas demand ...
Add GAIL (India) Ltd For Target Rs.166 - Yes Securities Ltd
Add GAIL (India) Ltd For Target Rs.166 - Yes Securities Ltd
Source: Yes Securities Ltd
2024-01-23 10:38:02 am
India`s GAIL signs 10-yr LNG purchase deal with Vitol State-run GAIL (India) Ltd has signed a long-term deal with trader Vitol for an annual purchase of about 1 million metric tons of liquefied natural gas (LNG) for 10 years from 2026, the Indian company said in a statement on Friday.
India`s GAIL signs 10-yr LNG purchase deal with Vitol
India`s GAIL signs 10-yr LNG purchase deal with Vitol
Source: Reuters
2024-01-05 02:08:23 pm
Buy GAIL India Ltd For Target Rs.195 - Motilal Oswal Financial Services Ltd Re-rating on the cards… …driven by a sharp improvement in ROE and FCF | Core earnings strong ? Fueled by rising transmission volumes and a turnaround in petrochemicals, we are forecasting GAIL’s ROE to improve to ~15% by FY26 from a low of 9.5% in FY23. A combination of the upcoming gas price-related tariff hikes, an EBITDA CAGR of 32% over FY23-26E, and onset of new projects can drive a re-rating in our opinion. ? Despite capex mounting 64% over FY24-26E (vs. avg...
Buy GAIL India Ltd For Target Rs.195 - Motilal Oswal Financial Services Ltd
Buy GAIL India Ltd For Target Rs.195 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2023-12-29 11:43:53 am
Stock Picks : Reliance Industries Ltd And Gail (India) Limited By ICICI Direct Reliance Industries Limited Buy Reliance Industries Limited @2514-2516; Target 2539.00; Stop Loss 2499.00   Gail (India) Limited Buy Gail (India) Limited @144.20-144.80 ; Target 146.50; Stop Loss 143.30   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Reliance Industries Ltd And Gail (India) Limited By ICICI Direct
Stock Picks : Reliance Industries Ltd And Gail (India) Limited By ICICI Direct
Source: ICICI Direct
2023-12-19 11:20:14 am
India seeks to build strategic reserves by storing gas in depleted wells India is looking at building its first strategic natural gas reserves by using old, depleted hydrocarbon wells to store the fuel and hedge against global supply disruption, a senior executive of natural gas company GAIL (India) Ltd said on Friday. The strategic facilities would be built in phases in India's western and northeastern regions with an initial capacity to store three to four billion cubic meters (bcm) of gas, Sumit Kishore, an executive director at GAIL, told reporters at a...
India seeks to build strategic reserves by storing gas in depleted wells
India seeks to build strategic reserves by storing gas in depleted wells
Source: Reuters
2023-11-25 11:04:48 am
GAIL India issues swap tender for 24 LNG cargoes in 2025 GAIL (India) Ltd has issued a swap tender offering 24 liquefied natural gas (LNG) cargoes loading out of the United States next year in exchange for 24 other cargoes for delivery to India in 2025, said two industry sources on Thursday. India's largest gas distributor is offering two cargoes per month, from January to December, for loading from Sabine Pass on a free-on-board (FOB) basis. It is seeking the cargoes for delivery to the Dhamra terminal for the same months on a delivered ex-...
GAIL India issues swap tender for 24 LNG cargoes in 2025
GAIL India issues swap tender for 24 LNG cargoes in 2025
Source: Reuters
2023-11-16 09:12:47 am
Add Gail India Ltd For Target Rs.131 - Centrum Broking QoQ performance improvement continues During Q2, GAIL once again reported strong improvement in operating performance after improvement seen in Q1. EBITDA surged 34.6% QoQ at Rs35.8bn vs Rs26.6bn. The robust performance was supported by rising gas transmission volumes and gas marketing margins. Natural gas transmission volumes rose 3.4% QoQ and 11.7%YoY at 120.3mmscmd. Natural gas sales dipped 1.9% QoQ at 97.0mmscmd vs 98.8mmscmd, however margin surge led to 64.7% QoQ jump in EBIT at Rs17....
Add Gail India Ltd For Target Rs.131 - Centrum Broking
Add Gail India Ltd For Target Rs.131 - Centrum Broking
Source: Centrum Broking Limited
2023-11-06 01:13:44 pm
Buy GAIL India Ltd For Target Rs 140 - Motilal Oswal Financial Services Petrochemical segment remains a pain point * GAIL reported EBITDA of INR34.9b in 2QFY24, 54% above our estimate of INR22.7b. It was driven by a stronger-than-expected performance in the gas transmission, trading and petchem segments. * Domestic gas demand remains strong and GAIL expects gas transmission volumes to rise up to 124mmscmd by FY24 end. It also expects volumes to grow up to 132mmscmd in FY25. * The deallocation of domestic gas for use in compressors has adversely impacted ...
Buy GAIL India Ltd For Target Rs 140 - Motilal Oswal Financial Services
Buy GAIL India Ltd For Target Rs 140 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
2023-11-04 10:01:56 am
Stock Picks : Tata Consultancy Services Ltd And GAIL India Ltd By ICICI Direct Tata Consultancy Services Ltd Buy Tata Consultancy Services Ltd @3369.00-3372.00; Target 3405.00; Stop Loss 3352.00   GAIL India Ltd  Buy GAIL India Ltd  @122.00-122.50; Target 124.00; Stop Loss 121.60     Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html  SEBI Registration number INZ000183631
Stock Picks : Tata Consultancy Services Ltd And GAIL India Ltd By ICICI Direct
Stock Picks : Tata Consultancy Services Ltd And GAIL India Ltd By ICICI Direct
Source: ICICI Direct
2023-11-03 10:47:58 am
GAIL shines on inking pact with Bharat Petroleum Corporation GAIL (India) is currently trading at Rs. 121.80, up by 4.10 points or 3.48% from its previous closing of Rs. 117.70 on the BSE. The scrip opened at Rs. 119.35 and has touched a high and low of Rs. 122.00 and Rs. 118.75 respectively. So far 1314529 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 132.45 on 18-Oct-2023 and a 52 week low of Rs. 87.90 on 14-Nov-2022. Last one week high and low of the scrip stood at ...
GAIL shines on inking pact with Bharat Petroleum Corporation
GAIL shines on inking pact with Bharat Petroleum Corporation
Source: Accord Fintech
2023-11-02 02:47:11 pm