GAIL India Share Price: Stock Analysis, History, and Forecast

Share prices fluctuate on a regular basis. They keep increasing and decreasing in value, sometimes several times a day. To avert rude losses, investors keep an eye on financial parameters. While some volatility is inevitable, investors tend to pick stocks that have been consistently faring well. One such stock is the GAIL India share price. This natural gas company’s share prices usually project an upward trend, making it garner a lot of attention. So, if you are planning to invest in GAIL India share price but don’t have enough information, we’ve got you covered.

Keep reading to learn more about GAIL share price today, the company’s performance in recent years and more.

GAIL India Limited Share Price BSE and NSE

As of today, i.e., 7th April 2022, GAIL’s stock opened at ₹162.45 on NSE and ₹162.75 on the BSE stock exchange.

The table below exhibits further information on GAIL’s BSE and NSE share prices for 7th April 2022.

GAIL Historical Share Price – Data and Current Situation

Before we proceed further, let’s take a look at GAIL share price history table in the last few days.

 Compared to December last year,  there has been a massive jump in the GAIL India Limited share price. From ₹125.95 on 20th December 2021 to ₹162.35 on April 6th, 2022, the graph below shows a significant price growth.

As of 7th April 2022, the closing GAIL India share price stands at ₹160.70 on the National Stock Exchange.

Source: Money Control

GAIL Company Information

Incorporated in 1984, GAIL (Gas Authority of India Limited) is a government-owned natural gas company. Currently, they are working on various natural gas aspects that include production, exploration, transmission, distribution, marketing and other related services.

It has over 13,340 km of natural gas pipelines widely scattered throughout the nation. The company also controls approximately 70% of the market share in gas transmission and 50% of the Gas trading share in India.

Furthermore, it carries a gigantic portfolio in the LNG (Liquefied Natural Gas) market. At present, GAIL is planning to expand its horizons in renewable energy such as biofuel, wind and solar energy.

History of GAIL India

GAIL was established on 16th August 1984. It was earlier known as the Gas Authority of India. By 1995, the company was announced as the third best PSU (Public Sector Undertaking) and received the ‘Indira Gandhi Rajbhasha Shield’ award from India’s President on 14th September.

A year later, GAIL’s Mathura Refinery pipeline was commissioned for enabling gas supply to Mathura Refinery. In the same year, two propane recovery plants in Vijaipur, a pipeline to NTPC Zanore (Phase II) and RSEB Ramgarh (Phase II) with a number of small pipelines were also commissioned.

Not many know that GAIL initially received the responsibility for the construction, operation and  maintenance of the Hazira – Vijaipur -Jagdishpur (HVJ) Pipeline Project. It was the biggest cross-country natural gas pipeline project across the globe. The 1,800 km long pipeline was developed at a whopping cost of  ₹1,700 crores and laid the cornerstone for the natural gas market in India.

In 1997, GAIL launched its Pilot Project for piped gas supply to domestic and commercial consumers in Delhi. The company also entered into an MOU (Memorandum of Understanding) with the Ministry of Petroleum and Natural Gas.

As years passed by, the company went on to achieve several milestones with its tactical diversification into liquid hydrocarbons, petrochemicals and telecom along with gas infrastructure. They also worked towards expanding their presence by regasification of liquefied natural gas, city-wide gas distribution and participation in varied equity and joint ventures.

The company has also extended its presence in power, liquefied natural gas re-gasification, city gas distribution, exploration and production through participation in equity and joint ventures. Embodying the newfound energy into its corporate identity, the Gas Authority of India on November 22, 2002, was renamed GAIL (India).

Management of GAIL

Every company’s success depends on its management team. They are responsible for setting the strategies, running operations and resolving issues or roadblocks. GAIL’s success is a result of its management team’s dedication and hard work.

Here’s a list of GAIL’s management team

GAIL India Listings and Indices

GAIL is listed on multiple stock exchanges in India and is a part of more than 42 indices. The listing details of GAIL (India) include the BSE Code, NSE Code, ISIN, the BSE Group it belongs to, Face Value and others. You can view all the information in the table below.

Here’s a list of 9 stock exchanges GAIL is listed on:

• Delhi Stock Exchange Assoc. Ltd.
• Cochin Stock Exchange Ltd.
• Hyderabad Stock Exchange Ltd
• Madras Stock Exchange Ltd.
• MCX Stock Exchange
• National Stock Exchange of India Ltd.
• Over The Counter Exchange Of India Ltd.
• The Stock Exchange, Mumbai
• Uttar Pradesh Exchange Assoc Ltd.

Don’t miss it!

Part of Indices

Let us look at the list of GAIL’s indices given below. 

GAIL India Limited Company Performance

The table below displays the performance of GAIL India Limited in the last 5 years, from FY 2017 to FY 2021. 

GAIL Stock Returns in 2020 and 2021

As of 7th April, GAIL’s stock returns performance is as follows:

• 1 Week: GAIL stock price moved down by 0.59%
• 1 Month: GAIL stock price moved up by 2.35%
• 3 Months: GAIL stock price moved up by 15.44%
• 1 Year: GAIL stock price moved up by 16.28%
• 3 Years: GAIL stock price moved down by 5.76
• 5 Years: GAIL stock price moved up by 11.118%

GAIL (India) Company Location

At present, GAIL exists in 11 Indian states. These include Delhi, Gujarat, Uttar Pradesh, Tamil Nadu, Rajasthan, Tripura, Maharashtra, Andhra Pradesh, Haryana, Madhya Pradesh and Assam. Its headquarters however is in New Delhi. The location and other details are mentioned below:

Corporate Office

GAIL Bhawan

16 Bhikaji Cama Place

R K Puram

New Delhi – 110066

GAIL Jubilee Tower

GAIL(INDIA) Limited

Jubilee Tower B-35 and 36

Sector 1

Noida – 201301

Phone Number(s): 0120-2446400, 4862400

Should You Invest in GAIL (India)?

Given the current situation, when the stock market is soaring high, GAIL stocks are one of the most valuable, promising good returns. As per the recent predictions made by investors, the GAIL share price is showing a strong bullish trend. This means that the stock value is expected to go even higher. 

Towards the end of last year, trade experts listed GAIL in the list of top 10 stocks to buy in 2022. However, they also suggested keeping an eye on the volatile oil and gas prices as they could affect the company’s future growth.

Suggesting the same, we would recommend that you study the share market well before investing in GAIL stocks. Go through the company’s performance in the past few years, its balance sheet, business model and other related information, and then step foot into investment.

After analysing all the factors, if you think it’s okay to invest, go ahead and finalise your decision. You can also seek advice from an expert who understands the market. The professional will recommend the right time to invest and also make you aware of any sort of risks.

FAQ’s About GAIL Share Price