GAIL (India) is currently buying and selling at Rs. 364.Sixty five, up by using 0.10 points or 0.03% from its previous closing of Rs. 364.55 on the BSE.
The scrip opened at Rs. 364.35 and has touched a high and low of Rs. 369.25 and Rs. 362.85 respectively. So some distance 17632 stocks were traded on the counter.
The BSE group ‘A’ inventory of face value Rs. 10 has touched a fifty two week high of Rs. 398.80 on sixteen-Aug-2018 and a fifty two week low of Rs. 296.00 on 05-Oct-2018.
Last one week high and coffee of the scrip stood at Rs. 379.20 and Rs. 362.Eighty five respectively. The cutting-edge market cap of the business enterprise is Rs. 82761.10 crore.
The promoters protecting within the organisation stood at 53.Forty six%, while Institutions and Non-Institutions held 42.Fifty one% and 4.03% respectively.
GAIL’s (India) subsidiary — GAIL Gas has signed a Memorandum of Understanding (MoU) with Energy Efficiency Services (EESL) for immediate-monitoring the implementation of co-era and tri-generation projects and use of natural fuel in industrial and industrial segments.
The MoU is set to advantage business installations like resorts, hospitals, airports, industrial malls, industrial/ government constructing, included residential complexes, educational establishments, facts center, among others, with the advantages of blended warmth & electricity generation.
Under the MoU, EESL will control equipments at the patron’s area and GAIL Gas will supply herbal fuel to the possible tasks in the accredited geographical areas. This MoU will assist in accomplishing goal set by Government of India to growth the proportion of natural fuel in the strength blend of the country from the prevailing degree to six.Five% to fifteen% by way of 2020.
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 advertising and marketing of Petrochemicals like HDPE and LLDPE and leasing bandwidth in Telecommunications.
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