News for GAIL (India) Limited (GAIL.NS)

'This agreement strengthens our long-standing partnership with Indian Oil and is a testament to the dynamic and robust energy ties between the UAE and Indi...

GAIL partners with Accelera by Cummins for sustainable energy projects, focusing on hydrogen production and storage in India.

GAIL (India) stock soars 7% after strong Q3 results, analysts divided on future prospects and target prices.

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:

Promoters held 51.52 per cent stake in the company as of 31-Dec-2024, while FII and DII ownership stood at 15.93 per cent and 10.0 per cent, respectively.

GAIL (India) Ltd has agreed to a $285 million settlement with SEFE Marketing & Trading Singapore Pte Ltd over a $1.817 billion compensation claim for undelivered LNG. GAIL initiated legal proceedings in December 2023, following non-delivery under a long-term deal. SEFE had halted supplies in June 2022 due to sanctions on Russia after the Ukraine invasion.

The stock quoted a 52-week high price of Rs 246.35 and low of Rs 155.85.

GAIL (India) Ltd finalizes a settlement with SEFE Marketing & Trading Singapore, resulting in a $285 million payment and withdrawal of the arbitration proceedings. GAIL's Q2 profit increases by 11% YoY to Rs 2,672 crore, with a notable improvement in petrochemicals and gas transmission revenues.

Mahanagar Gas Limited's domestic gas allocation to increase by 26%, boosting profitability and stock performance on NSE.

Puravankara Ltd acquires land in Bengaluru for housing project; Adani Wilmar offers stake sale; GAIL increases gas allocation.

The government has increased the allocation of cheap domestic gas to Indraprastha Gas Ltd (IGL) by 31% starting January 2025. This will boost IGL's profitability. The company also secured additional regasified liquefied natural gas at competitive prices. Recent cuts in cheap domestic gas had raised costs for city gas companies and affected their stock prices.

Promoters held 51.52 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 16.66 per cent and 8.98 per cent, respectively.

India Business News: Traders anticipate a positive start to the first full week of the New Year, with Nifty futures indicating growth. Consumer stocks like Jubilant Foodwo

Natural gas company GAIL (India) Limited has significantly outperformed the market benchmark in the last one year with 45.5% returns compared to BSE Sensex with 16.9% returns. Is it a good buy?

There are signs of bottom formation and recovery in commodity prices such as cement, metals and oil, along with gross refining margins of oil companies, the brokerage said in a note to clients.

Godawari Power & Ispat secured a 7-year RLNG gas supply agreement with GAIL for its new pellet plant. The company's stock, which has performed well this year, closed at Rs 234.10 after a 1.6% rise. The stock is currently trading above its key moving averages.

RailTel secures Rs 10.64 crore contract from GAIL for MPLS and leased line links, while shares decline.

GAIL (India) Limited wins SAP ACE Award 2024 for Best Financial Transformation, revolutionizing trust accounting with SAP integration.

India Business News: India's leading oil companies, including Indian Oil and BPCL, were fined for a fifth quarter for not meeting listing regulations requiring independent