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GAIL Share price, NSE/BSE Forecast News and Quotes| Equitymaster

Jun 16, 2021 | Updated on Jun 16, 2021

GAIL: Get the latest GAIL Share price and stock price updates, live NSE/BSE share price, share market reports, financial report, balance sheet, price charts, financial forecast news and quotes only at Equitymaster.com.

GAIL Misses Earnings Estimates. Company Ditches Plan to Split

Jun 10, 2021

GAIL's earnings and proposal to monetise pipelines through InvIT route, puts stock in focus.

GAIL: The national gas grid

Sep 1, 2008

The government initiated a discussion on a new gas pipeline policy in 2004. Around this time, the development and construction of a national gas grid (NGG) of around 8,000 kms was also conceptualized on the lines of the power grid

GAIL: What determines its tariffs?

Aug 13, 2008

We have mentioned in our recommendation on GAIL that while we expect incremental volumes to flow through the company’s natural gas pipelines, we are concerned about the situation regarding the tariffs that the company is allowed to levy. In this article, we shall clarify how pipeline tariff is determined.

GAIL: Volumes in line

Nov 28, 2007

Panna-Mukta-Tapti (PMT) rights GAIL has recently bagged the rights to market 17 million standard cubic meters per day (MMSCMD) of natural gas produced from the PMT fields. It may be noted that GAIL currently delivers about 5 MMSCMD from the PMT fields.

GAIL: Gains in the 'Pipeline'!

Mar 21, 2007

In the previous article, we had provided a brief history on GAIL and an overview of the business of the company. Taking our analysis further, in this write-up, we analyse the performance of the company over the last few years with respect to its key business of transmission of natural gas and LPG. We will also have a look at what are the potential catalysts for the transmission business of the company.

GAIL: A brief overview...

Mar 14, 2007

With increased supplies from the private sector players, the Indian gas market is likely to see heightened activity over the next 4-5 years. Recent discoveries by Reliance, Gujarat State Petroleum Corporation (GSPC) and ONGC augur well for mid-stream companies such as GAIL, which is engaged in the transmission and distribution of natural gas in the country. With this background in mind, over the next few weeks, we will try to provide an exhaustive overview of the business operations of GAIL, wit

Energy: Lucky for some...

Feb 4, 2005

Energy stocks have announced mixed results for 9mFY05. High crude oil prices had different impacts on different businesses depending on the straddle of the energy sector. In other words, while oil marketing companies witnessed a sharp dip in bottomline on account of higher costs and lower realization factors, upstream majors, such as ONGC, had a very good outing during the period, with its product (read crude oil) touching prices never witnessed before by the oil major (ONGC was selling crude at

Indraprastha Gas: In the reckoning…

Jan 13, 2005

Indraprastha Gas, a joint venture between GAIL and BPCL, formed to cater to the natural gas requirements in the National Capital Territory (NCT) of Delhi, has been a major gainer over the last one month. What’s more, an intra-sector comparison shows that the companies actively present in the business of natural gas have outshone other oil companies, including the PSU behemoths like IOC, HPCL and BPCL (see table below).

GAIL: From darkness unto light!

Aug 30, 2004

GAIL India is a near monopoly in the natural gas business with more than 90% market share. The company also has a petrochemicals plant at one of its complexes along with seven LPG (liquefied petroleum gas) plants. It is one of the largest manufacturers of LPG in the country and is expanding capacity of the petrochemicals plant from the current 300,000 tonnes per annum (TPA) to 440,000 TPA by FY06.

GAIL India: An overview

May 25, 2004

GAIL India, country's largest gas distribution company, has been trading amidst volatility over the past month and had touched a low of Rs 107 on the now infamous black Monday. The company accounts for nearly 90% of the gas business in India, thereby having a virtual monopoly in the business.

Natural Gas: GAIL or Gujarat Gas???

Mar 29, 2004

Natural gas is slowly but steadily proving to be the fuel for the future and this shall prove to be a boon for gas transmission and distribution companies such as GAIL and Gujarat Gas, largely based on the volumes of natural gas consumption. Further, upstream companies such as ONGC and Oil India are also likely to benefit from the deregulation.

Energy: A paradigm shift?

Feb 13, 2004

Amongst the slew of public issues likely to hit the market in these last two months of FY04, ONGC and GAIL are undoubtedly the biggest. Further, post the successful listing of Indraprastha Gas (IGL) (108% since listing) on the bourses, Petronet LNG is also slated to hit the markets next week. Against this backdrop, we take a look at the energy sector, natural gas in particular, and its prospects going forward.

GAIL: Awaiting gas price revision

Jul 29, 2003

GAIL announced its first quarter results for FY04 yesterday. The company reported a topline growth of about 12%. This was on account of increase in volumes of gas sold and transmitted. ONGC, which is the major supplier of natural gas to GAIL, has seen a 2% increase in its natural gas production. This might have resulted in the company increasing its throughput. Moreover, increase in LPG production has also added to the topline.

GAIL: Promising prospects ahead

Jun 11, 2003

Gail, one of India's navratnas, has been on a rise on the bourses. The stock has gained about 28% in the last one year. Recently it was included in NSE Nifty index and also the MSCI index. Lets take a look at some of the key reasons regarding the performance of the company.

GAIL: Impressive performance

May 2, 2003

Gas transmission and distribution major, Gas authority of India Ltd. (GAIL) has posted the fourth quarter and full FY03 results which showed an impressive 10% growth in topline while its bottomline i.e. Net Profit increased by an even better 35% as compared to FY02.

GAIL: Diversifications not reflecting

Jul 26, 2002

Turnover growth of Gas Authority of India Ltd. (Gail) has been sliding over the past five quarters. Sales growth, which was in the high-teens in FY01, fell to 5% in FY02. Growth for the quarter ended June '02 is even lower than 3.3% recorded in 4QFY02. Gas pipeline business, which contributes an estimated 70% of sales, operates near to rated capacity, which could be a constraint. Also, reportedly, gas supply has not been steady.

GAIL: Going good

May 30, 2002

Considering the performance of the economy and peers over the past twelve months, provisional results of Gas Authority of India (Gail) are satisfactory. In four quarters of FY02, turnover growth has fluctuated between 2% and 7% YoY. Full year gross sale numbers have come ahead of our expectations of 1% growth. This is likely due to lower estimates on gas volume sales.

GAIL: Marching ahead

Feb 5, 2002

The gas transmission & distribution major, Gas Authority of India Ltd. (Gail), has once again posted an impressive topline growth considering the slowdown in the industry. In fact, the company has reversed a slowdown in sales growth experienced in the second quarter.

GAIL: Strength in adversity

Nov 2, 2001

Reflecting the downturn in industry, Gas Authority of India Ltd. (GAIL) has reported a much subdued sales growth for 2QFY02. In the same quarter of the previous fiscal the company accrued benefits arising from commissioning of the polymer plant in FY00. In the current fiscal the company is operating on a like to like basis resulting in lower growth.


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