[ad_1] GAIL (India) Ltd reported its Q3 FY25 results on Wednesday, with net profit surging 44.7% sequentially to ₹3,867.4 crore, significantly beating CNBC-TV18’s poll estimate of ₹2,435 crore. Company Value Change %Change Revenue stood at ₹34,937 crore, ahead of the estimated ₹33,476 crore, marking a 6.2% quarter-on-quarter rise. However, EBITDA fell 24.2% sequentially to ₹2,837.8 […]
IGL, MGL risk-reward ‘compelling’, Citi says; Also bets on IOC – CNBC TV18
[ad_1] Global brokerage firm Citi believes city gas companies such as Indraprastha Gas Ltd. and Mahanagar Gas Ltd. offer compelling risk-reward opportunity. In addition to Hindustan Petroleum Corp Ltd and Gail (India) Ltd., Citi has opened a positive catalyst watch on Indian Oil Corporation Ltd. Company Value Change %Change In its note on the Oil […]
Trade Setup for November 18: Nifty braces for more volatility as global cues turn adverse – CNBC TV18
[ad_1] It has been another painful week for the Nifty, which ended in the red for the sixth straight day. The Nifty 50 shed 26 points to settle at 23,533, while the Sensex fell 111 points to close at 77,580 in Thursday’s trading session. The market delivered negative returns for the second consecutive week, with […]
GAIL and Coal India joint venture firm to set up a coal to synthetic natural gas project in West Bengal – CNBC TV18
[ad_1] GAIL (India) Ltd on Monday, August 5 said it has entered a joint venture agreement with Coal India to set up a coal to syntethic natural gas project at Eastern Coal Field in West Bengal. Coal India will have 51% shareholding in the JV and GAIL will have 49%. GAIL in a stock exchange […]