GAIL traded at 163.96 this Friday October 23rd, decreasing 4.53 or 2.69 percent since the previous trading session. Looking back, over the last four weeks, GAIL lost 5.69 percent. Over the last 12 months, its price fell by 9.42 percent. Looking ahead, we forecast GAIL to be priced at 160.14 by the end of this quarter and at 149.20 in one year, according to Trading Economics global macro models projections and analysts expectations.
GAIL (India) Limited is an integrated energy company in the hydrocarbon sector. The Company is engaged in gas marketing. The Company's segments include Transmission services, which includes natural gas and liquid petroleum gas (LPG); Natural Gas Trading; Petrochemicals; LPG and other Liquid Hydrocarbons; City Gas Distribution, and Other Segments, which includes GAIL TEL, exploration and production (E&P), City Gas and Power Generation. The Company is engaged in activities, including transportation through pipeline; manufacture of basic chemicals, fertilizer and nitrogen compounds, plastics and synthetic rubber in primary forms; extraction of crude petroleum; extraction of natural gas, and electric power generation, transmission and distribution. The Company's products and services include natural gas marketing and transmission; petrochemicals (polyethylene and polypropylene), and liquid hydrocarbons production (LPG, propane, pentane and naphtha).