The biggest pure gasoline company in India, GAIL (India) Restricted, holds a Maharatna standing by the Indian authorities. The biggest pure gasoline agency in India is GAIL (India) Restricted, which has different operations in buying and selling, transmission, LPG manufacturing and transmission, LNG re-gasification, petrochemicals, metropolis gasoline, E&P, and different sectors. The Board of the corporate introduced that they’re all set to contemplate issuing bonus shares on Wednesday, twenty seventh July 2022.
The Board of Administrators of GAIL knowledgeable inventory exchanges right this moment that “That is to tell {that a} assembly of the Board of Administrators of GAIL (India) Restricted is scheduled on Wednesday, twenty seventh July 2022 to, inter-alia, take into account issuance of Bonus Shares by the Firm. Additional, in continuation to our letter of even no. ND/GAIL/SECTT/2022 dated twenty eighth June, 2022, it’s once more knowledgeable that the Buying and selling Window for dealing in securities of GAIL was closed for Designated Individuals and their Instant Kinfolk w.e.f. 1st July, 2022 and shall stay closed until 48 hours after the conclusion of the Board Assembly whereby the monetary outcomes for the quarter ended thirtieth June. 2022 could be thought of and accredited.”
The shares of GAIL closed right this moment at ₹141.70 apiece stage, down by 1.53% from its earlier shut of ₹143.90. The inventory has dropped 0.49 per cent over the previous 12 months, however it has gained 7.80 per cent YTD in 2022. The inventory has gained 0.60 per cent over the previous six months, and seven.59 per cent through the previous month. The inventory has fallen 0.21 per cent within the earlier 5 buying and selling classes. On the NSE, the inventory had touched a 52-week-high of ₹173.50 on 19-April-22 and a 52-week-low of ₹125.20 on 20-December-21 which signifies that on the present worth stage of ₹141.70 the inventory is buying and selling 18.32% beneath the 52-week-high and 13.17% above the 52-week-low. Primarily based on right this moment’s closing worth, the shares of GAIL are buying and selling greater than 10-day, 20-day SMA and decrease than 5 days, 50 days, 100 days and 200 days Easy Shifting Common (SMA).
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Supply: Live Mint