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Don’t miss the latest developments in business and finance.
GAIL Q2 net profit down 46% on higher prices, Russian gas disruption
In an emergency bid to secure stable LNG supply, GAIL has sought to expedite talks on short- and long-term supply deals with Gulf firm ADNOC
GAIL stock slips on worries of gas supply disruptions despite strong Q1
Analysts remain positive with valuations ranging from Rs 176 to Rs 197
Despite strong Q3 results and outlook, GAIL stock yet to fire up
Most analysts are positive about Q3 results and guidance, with target prices ranging between Rs 200 and Rs 250
Sensex snaps 3-day winning run, ends 770 pts down; Nifty tops 17,750
Among sectors, all the key indices ended in the red, led by the Nifty IT index (down 2 per cent) and the Nifty Realty index (down 1.7 per cent). Nifty Auto index was the only gainer, up 0.4 per cent.
GAIL: All-round show leads to robust Q4, analysts upgrade estimates
Realisations surprised positively, and transmission volumes too, didn't see significant impact of lockdown
GAIL's gas trading business disappoints in Q2, but recovery hopes alive
Though margins fell in the September quarter, analysts expect a recovery and remain positive on volume growth outlook
GAIL's gas trading business disappoints but hopes of a pick-up persist
Strong volume growth in the natural gas trading and transmission segments to support the stock price
GAIL Q3 results: LPG, gas transmission segments witness strong traction
Most segments, including gas transmission, marketing, LPG, and hydrocarbons, registered robust volume growth
