X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2017 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
Gail: LPG transportation - Views on News from Equitymaster
 
 
  • PRINT
  • E-MAIL
  • FEEDBACK
  • A  A  A
  • May 25, 2001

    Gail: LPG transportation

    The gas transmission and distribution major, Gas Authority of India Ltd. (GAIL), has run up on the bourses over the last two months. The scrip price has increased by 25% to Rs 59 over this period while the Sensex has gained 1%.

    The company has recently announced the completion of its liquefied petroleum gas (LPG) pipeline from Jamnagar, Gujarat to Loni, Uttar Pradesh. The pipeline traverses a distance of 1,270 kms and is the longest LPG pipeline in the world.

    The pipeline will pass through Gujarat, Rajasthan, Haryana, Delhi and Uttar Pradesh. Evacuation facilities are available at Ajmer and Jaipur in Rajasthan, Piyala in Haryana, Madanpur-Khadar in Delhi and Loni in Uttar Pradesh. The LPG will be supplied to the oil marketing companies Indian Oil Corp. (IOC), Bharat Petroleum (BPCL) and Hindustan Petroleum (HPCL) to be bottled and distributed to the domestic and commercial customers.

    The pipeline has been set up at a cost of Rs 12.5 bn with a forex component of Rs 3.9 bn. The company has already commenced pipeline operations and has transported 150,000 tonnes of LPG. GAIL is expected to augment capacity on the pipeline from the current 1.7 m tonnes to 2.5 m tonnes in phase - II of the project (2011 - 12).

    The LPG is sourced from the Reliance Petroleum (RPL) refinery at Jamnagar and from IOC at Kandla. In phase - II the company plans to extend the pipeline to Kandla. This would help the company transport the LPG, sourced at the port, through pipeline to the Jamnagar - Loni link.

     

     

    Equitymaster requests your view! Post a comment on "Gail: LPG transportation". Click here!

      
     

    More Views on News

    GAIL: A Good Show (Quarterly Results Update - Detailed)

    Mar 27, 2017

    GAIL (India) Ltd has announced results for the quarter ended December 2016. reported 9.4% year on year (YoY) decline in sales, while bottom-line grew 45.4% YoY.

    GAIL: A Robust Quarter (Quarterly Results Update - Detailed)

    Dec 3, 2016

    GAIL (India) Ltd has announced results for the quarter ended September 2016. The company has reported 16 % year on year (YoY) decline in sales, while bottom-line grew 180% YoY.

    GAIL: Petchem Division Turns Around (Quarterly Results Update - Detailed)

    Oct 19, 2016

    GAIL (India) Ltd has announced results for the quarter ended June 2016. The company has reported 14.6 % year on year (YoY) decline in sales, while bottom-line grew 244% YoY. Here is a brief summary of the results.

    ONGC: Higher Realisations on Crude Support Performance (Quarterly Results Update - Detailed)

    Mar 17, 2017

    ONGC has announced results for the quarter ended December 2016. The company has reported 9.2 % year on year (YoY) growth in sales, while bottom-line grew 197% YoY.

    GAIL: Better Prospects Ahead (Quarterly Results Update - Detailed)

    May 31, 2016

    GAIL has reported 9.8% and 28.7% YoY decline in the topline and bottomline for the year ended March 2016.

    More Views on News

    Most Popular

    Demonetisation Barely Made Any Difference to Tax Collections(Vivek Kaul's Diary)

    Aug 7, 2017

    The data tells us quite a different story from the one the government is trying to project.

    A 'Backdoor' to Multibaggers: It's Like Investing in Asian Paints Ten Years Ago(The 5 Minute Wrapup)

    Aug 10, 2017

    Don't miss these proxy bets on growing companies or in a few years you will be looking back with regret.

    Should You Invest In Bharat-22 ETF? Know Here...(Outside View)

    Aug 8, 2017

    Bharat-22 is one of the most diverse ETFs offered so far by the Government. Know here if you should invest...

    Signs of Life in the India VIX(Daily Profit Hunter)

    Aug 12, 2017

    The India VIX is up 36% in the last week. Fear has gone up but is still low by historical standards.

    7 Financial Gifts For Your Sister This Raksha Bandhan(Outside View)

    Aug 7, 2017

    Raksha Bandhan signifies the brother-sister bond. Here are 7 thoughtful financial gifts for sisters...

    More
    Copyright © Equitymaster Agora Research Private Limited. All rights reserved.
    Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.

    LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA or Canada, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.

    SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.

    Equitymaster Agora Research Private Limited. 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
    Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407
     

    Become A Smarter Investor In
    Just 5 Minutes

    Multibagger Stocks Guide 2017
    Get our special report, Multibagger Stocks Guide (2017 Edition) Now!
    We will never sell or rent your email id.
    Please read our Terms

    GAIL SHARE PRICE


    Aug 18, 2017 11:24 AM

    TRACK GAIL

    GAIL - BP COMPARISON

    Compare Company With Charts

    COMPARE GAIL WITH

    MARKET STATS