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    GAIL   INE129A01019

GAIL INDIA LIMITED

(GAIL)
  Report
Delayed NSE India Stock Exchange  -  04:28 2022-09-27 am EDT
86.20 INR   +1.59%
09/06GAIL INDIA LIMITED : BONUS ISSUE: 1 new share for 2 existing shares
FA
09/05GAIL (India) Emerges as Highest Bidder for Bankrupt JBF Petrochemicals
MT
09/03GAIL (India) Reportedly Emerges as the Highest Bidder for JBF Petrochemicals with INR 18 Billion
CI
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Indian shares close flat as banks offset losses in IT

08/02/2022 | 07:00am EDT

BENGALURU, Aug 2 (Reuters) - Indian shares ended little changed on Tuesday, after four straight sessions of gains, with banking and energy stocks advancing to counter losses in information technology.

The NSE Nifty 50 index was up 0.03% at 17,345.45, at close and the S&P BSE Sensex rose 0.04% to 58,136.36.

Both the indexes were down as much as 0.6% earlier in the day but saw a recovery in the final hours of the session on positive cues from the Indian rupee, which strengthened to 78.49 per dollar, its highest level since June 28.

"One of the main factors for a rebound is the rupee upmove. A 40 paisa appreciation in a day doesn't happen very often so even though the global markets are down, the rupee has really helped the market," said Samrat Dasgupta, chief executive officer at Esquire Capital Investment Advisors.

Global stocks slipped on Tuesday, weighed by fears of a global recession and on concerns that a visit by U.S. House of Representatives Speaker Nancy Pelosi to Taiwan would further harm relations between China and the United States.

Looking ahead, traders will turn focus to the Reserve Bank of India's (RBI) monetary policy decision on interest rates on Friday.

With inflation at multi-year highs, the RBI's monetary policy committee is seen raising rates, though the views on the quantum of increase were split wide between 25 basis points and 50 basis points, a Reuters poll of economists showed.

In domestic trading, the Nifty's public sector bank index and energy index closed 2.68% and 1.09% higher, respectively, while the IT index fell 0.67%.

Among individual stock moves, GAIL closed 3.9% lower. Reuters had earlier reported that the country's largest gas distributor started rationing and cutting supplies to clients after imports from a former unit of Russian energy giant Gazprom got hit by sanctions.

(Reporting by Rama Venkat in Bengaluru Editing by Dhanya Ann Thoppil)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AUSTRALIAN DOLLAR / INDIAN RUPEE (AUD/INR) 0.30% 52.855452 Delayed Quote.-1.85%
CANADIAN DOLLAR / INDIAN RUPEE (CAD/INR) 0.32% 59.596 Delayed Quote.1.54%
EURO (B) VS INDIAN RUPEE SPOT (EUR/INR) 0.00% 78.4845 Delayed Quote.-7.48%
GAIL INDIA LIMITED 1.59% 86.2 Delayed Quote.-1.49%
MSCI TAIWAN (STRD) -2.63% 474.775 Real-time Quote.-34.31%
NIFTY 50 0.41% 17090.2 Delayed Quote.-0.15%
SENSEX BSE30 -1.64% 57145.22 Real-time Quote.-1.90%
US DOLLAR / INDIAN RUPEE (USD/INR) -0.24% 81.44 Delayed Quote.9.11%
All news about GAIL INDIA LIMITED
09/06GAIL INDIA LIMITED : BONUS ISSUE: 1 new share for 2 existing shares
FA
09/05GAIL (India) Emerges as Highest Bidder for Bankrupt JBF Petrochemicals
MT
09/03GAIL (India) Reportedly Emerges as the Highest Bidder for JBF Petrochemicals with INR 1..
CI
09/02GAIL Limited Announces M. V. Iyer as Managing Director
CI
09/01Mahanagar Gas Chairman Steps Down
MT
09/01GAIL Limited Announces Cessation of Manoj Jain as Managing Director
CI
09/01GAIL Limited Announces Cessation of Manoj Jain as Chairman
CI
09/01GAIL (India) Chairman Retires
MT
09/01ONGC-Indian Oil, GAIL and MCPI Reportedly Submit Bids for JBF Petro
CI
09/01GAIL Limited Announces Management Changes
CI
More news
Analyst Recommendations on GAIL INDIA LIMITED
More recommendations
Financials
Sales 2023 1 098 B 13 455 M 13 455 M
Net income 2023 88 813 M 1 089 M 1 089 M
Net Debt 2023 35 074 M 430 M 430 M
P/E ratio 2023 6,28x
Yield 2023 6,21%
Capitalization 558 B 6 839 M 6 839 M
EV / Sales 2023 0,54x
EV / Sales 2024 0,55x
Nbr of Employees 4 754
Free-Float 41,0%
Chart GAIL INDIA LIMITED
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GAIL India Limited Technical Analysis Chart | MarketScreener
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Technical analysis trends GAIL INDIA LIMITED
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Mean consensus -
Number of Analysts 0
Last Close Price 84,85
Average target price
Spread / Average Target -
EPS Revisions
Managers and Directors
Mahesh V. Iyer Chairman & Managing Director
Rakesh Kumar Jain Chief Financial Officer & Executive Director
Mahesh Kumar Agarwal Secretary & Compliance Officer
Akhilesh Jain Independent Director
Sher Singh Independent Director
Sector and Competitors
1st jan.Capi. (M$)
GAIL INDIA LIMITED-1.49%6 839
NATURGY ENERGY GROUP, S.A.-12.12%23 666
ATMOS ENERGY CORPORATION4.20%15 602
TOKYO GAS CO., LTD.24.54%7 827
APA GROUP-1.29%7 669
CHINA GAS HOLDINGS LIMITED-34.44%7 360