GAIL (India) Ltd on Tuesday notified stock exchanges regarding a potential revision in the unit transportation tariff for its integrated natural gas pipeline network.
In a regulatory filing, the state-run energy major stated:
“The Petroleum and Natural Gas Regulatory Board (PNGRB) has published a Public Consultation Document dated April 17, 2025, for the review of unit natural gas pipeline tariff, based on GAIL’s submission dated August 30, 2024.”
The company further noted that, following the public consultation process, PNGRB may issue a Tariff Order. If the revision is in line with GAIL’s proposed upward adjustment, it could positively influence the company’s transmission revenue.
Stock Performance & Technical Indicators
On Tuesday, GAIL’s shares edged down by 0.44%, trading at ₹194.45. The stock has declined by 8.34% over the past six months.
From a technical standpoint, GAIL is trading above its 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, and 150-day Simple Moving Averages (SMAs), but remains below its 200-day SMA. Its 14-day Relative Strength Index (RSI) stood at 66.79—approaching the overbought threshold of 70 (values below 30 are considered oversold).
Valuation & Market Metrics
- P/E Ratio: 16.80
- P/B Ratio: 1.82
- Earnings per Share (EPS): ₹11.58
- Return on Equity (RoE): 10.80%
- Market Cap: ₹1,27,787.06 crore
Trading volume stood at 1.49 lakh shares, significantly lower than the two-week average of 5.60 lakh shares. Turnover amounted to ₹2.89 crore. Sell orders (13.47 lakh) heavily outweighed buy orders (2.09 lakh), reflecting bearish sentiment.
As of March 2025, the Government of India retained a majority stake of 51.88% in the public sector undertaking.
