GAIL (India) slides after Q2 results

Image
Capital Market
Last Updated : Nov 05 2018 | 2:50 PM IST

GAIL (India) was down 0.22% to Rs 368.25 at 14:27 IST on BSE after net profit rose 49.89% to Rs 1962.96 crore on 55.33% increase in revenue from operations to Rs 19275.32 crore in Q2 September 2018 over Q2 September 2017.

The result was announced during trading hours today, 5 November 2018.

Meanwhile, the S&P BSE Sensex was down 126.03 points, or 0.36% to 34,885.62.

On the BSE, 5.18 lakh shares were traded in the counter so far compared with average daily volumes of 1.64 lakh shares in the past two weeks. The stock had hit a high of Rs 377 and a low of Rs 366.30 so far during the day. The stock hit a 52-week high of Rs 398.80 on 16 August 2018. The stock hit a 52-week low of Rs 296 on 5 October 2018.

GAIL (India) is India's largest natural gas company and ranked among the top gas utilities in Asia.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 05 2018 | 2:28 PM IST

Next Story