The free-float market cap - a key parameter for index inclusion-of Tata Consumer Products is currently at Rs 36,000 cr, while that of Gail is about Rs 30,000 cr
The government, which holds 52.1 per cent of GAIL, is likely to participate in the GAIL buyback
Rebound in performance, improved gas transmission prospects and inexpensive valuations are keeping analysts positive.
At current levels, midcap and smallcap stocks look more attractive than largecaps
All that happened in the markets today.
GAIL India has issued a tender offering two liquefied natural gas cargoes for loading in the United States and is seeking two cargoes for delivery into India, two industry sources said
GAIL India has issued a tender offering two liquefied natural gas cargoes for loading in the United States and is seeking two cargoes for delivery into India, two industry sources said
All that happened in the markets today
GAIL (India) has offered at least three liquefied natural gas (LNG) cargoes for loading from the Cove Point terminal in Maryland in the United States over May to July
Will bid for new pipelines put on offer by regulator and continue to grow gas transmission biz by laying key sections of National Grid; 7,500-km lines, mostly to eastern parts are currently being laid
The company's revenue from operations also saw a decline of 34 per cent for the quarter ended June 30 to Rs 12,180.62 crore as against Rs 18,481.56 crore in Q1FY20
The Nifty50 broad-based index is reviewed twice a year based on six-month data ending January 31 and July 31.
Transmission volumes didn't face impact of lockdown
All that happened in the markets today
Q4 EBITDA came in at Rs 2,475 crore, up 47 per cent YoY due to better profitability from gas transmission and gas trading segments.
A total of 147 companies, including Apollo Hospitals, Ashok Leyland, and Bank of India are scheduled to announce their quarterly results today
All that happened in the markets today
We could see contribution from the broader market too in the coming days
Next target for the Nifty is seen at 10,160 and 10,550
Pradhan reviews Rs 8,000 cr worth projects to align with PM Modi's Aatmanirbhar Bharat plan