GAIL share value: Shares of GAIL (India) surged nearly 7 per cent in morning commerce on BSE on Wednesday, November 6, a day after the corporate introduced its September quarter scorecard. GAIL share value opened at ₹200.05 in opposition to its earlier shut of ₹196.40 and jumped 6.6 per cent to the extent of ₹209.40. Round 9:40 am, the inventory traded 5.63 per cent larger at ₹207.45 apiece.
GAIL (India) on Tuesday, November 5, reported a ten per cent year-on-year (YoY) rise in September quarter (Q2FY25) consolidated web revenue to ₹2,689.67 crore after a rise in earnings from gasoline transmission enterprise and turnaround in petrochemical enterprise neutralised fall in advertising and marketing margin. In the identical quarter final yr, the corporate earned a revenue of ₹2,442.18 crore.
Income from operations for Q2FY25 rose 2.8 per cent YoY to ₹33,981.33 crore in opposition to ₹33,049.68 crore within the corresponding quarter final yr.
Pre-tax earnings from gasoline transmission enterprise was up 8 per cent to ₹1,402.81 crore. The petchem enterprise clocked an incomes of ₹146.19 crore as in opposition to a lack of ₹160.94 crore within the year-ago interval.
Nevertheless, earnings from advertising and marketing enterprise have been down 27 per cent at ₹1,253.64 crore.
Pure gasoline transmission quantity stood at 13.63 million customary cubic metres per day in Q2 whereas gasoline advertising and marketing quantity was 96.60 mmscmd, the agency stated in a press release.
GAIL share value pattern
The inventory has seen a wholesome acquire of about 59 per cent during the last yr. It hit a 52-week excessive of ₹246.35 on July 31 this yr and a 52-week low of ₹122.90 on November 22 final yr on the BSE.
On the month-to-month scale, the inventory has gained about 4 per cent in November after a 17 per cent decline in October amid a broader market selloff.
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