Latest news with #GAIL(India)Limited
Business Insider
28-06-2025
- Business
- Business Insider
ICICI Securities Keeps Their Buy Rating on GAIL (India) Limited (GAIL)
ICICI Securities analyst Probal Sen maintained a Buy rating on GAIL (India) Limited (GAIL – Research Report) yesterday and set a price target of INR245.00. The company's shares closed yesterday at INR191.02. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Sen is a 3-star analyst with an average return of 12.2% and a 100.00% success rate. The word on The Street in general, suggests a Hold analyst consensus rating for GAIL (India) Limited with a INR203.50 average price target, a 6.53% upside from current levels. In a report released on June 26, Jefferies also maintained a Buy rating on the stock with a INR210.00 price target.
Business Upturn
26-06-2025
- Business
- Business Upturn
GAIL becomes first Maharatna PSU to go live with SAP S/4HANA on Cloud
By Aditya Bhagchandani Published on June 26, 2025, 15:12 IST Shares of GAIL (India) Limited are expected to remain in focus on Wednesday, June 26, after the company announced a significant digital transformation milestone. GAIL has become the first Maharatna PSU to successfully go live with SAP's 'RISE with SAP – S/4HANA on Cloud' platform. The formal go-live event took place on June 25, 2025, and was led by Chairman and Managing Director Sandeep Kumar Gupta along with key members of the leadership team and senior SAP officials. The digital initiative, named 'Navodaya,' marks GAIL's transition from its legacy ECC system to the next-generation cloud-based ERP system. Company management highlighted that the migration, completed within one year, will enhance operational efficiency, scalability, and agility. The new platform will allow GAIL to leverage AI, machine learning, and advanced automation tools to strengthen its IT infrastructure for future growth. GAIL's Director (Finance) R.K. Jain emphasized that the move is not just about technology but about building a smarter and more resilient organization. SAP India's MD Manish Prasad noted that the implementation will help GAIL unlock new levels of efficiency and drive its AI-led transformation journey. Investors are likely to track the stock's movement today following this development. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Time of India
06-06-2025
- Business
- Time of India
GAIL receives first vessel post-breakwater at Dabhol, aims to handle 100 LNG cargoes annually
New Delhi: GAIL (India) Limited has commissioned the breakwater at the Dabhol LNG Terminal , enabling uninterrupted, year-round operations and marking a significant milestone with the berthing and unloading of its first LNG vessel, GAIL Bhuwan, on June 2, 2025. The Dabhol LNG Terminal, located on the Maharashtra coastline, has a current regasification capacity of 5.0 million metric tonnes per annum (MMTPA). The facility, following the commissioning of the breakwater and receipt of statutory approvals, has now been designated as an all-weather port. This allows for safe and reliable LNG operations even during the southwest monsoon period, which has historically been a challenging time for marine logistics along India's west coast. The LNG vessel was received by GAIL Chairman and Managing Director Sandeep Kumar Gupta and Director (Marketing) Sanjay Kumar. The development is expected to improve capacity utilization and strengthen LNG vessel accessibility at the terminal. The terminal plays a key role in India's gas supply infrastructure, being connected to the Dabhol-Bangalore and Dabhol-Panvel cross-country pipelines. The breakwater structure at Dabhol is an island-type construction, distinct from land-connected designs, and is regarded as an advanced marine engineering undertaking. The project required extensive coordination among multiple stakeholders and adoption of customized technical solutions to overcome complex challenges. Following the completion of the breakwater, GAIL plans to expand the Dabhol terminal's capacity from 5.0 MMTPA to 6.3 MMTPA in the first phase over the next three years. Once operational, the expanded terminal is expected to handle up to 100 LNG cargoes per year. GAIL stated that the successful commissioning and the planned capacity expansion align with its goal to enhance energy infrastructure and ensure greater reliability in India's natural gas supply chain.
Business Upturn
06-06-2025
- Business
- Business Upturn
GAIL successfully discharges first LNG vessel at Dabhol during monsoon after breakwater project completion
By Aditya Bhagchandani Published on June 6, 2025, 12:18 IST GAIL (India) Limited has successfully berthed and discharged its first LNG vessel, GAIL Bhuwan , at the Dabhol LNG Terminal during the monsoon season, marking a major operational milestone. This achievement follows the completion and commissioning of the terminal's landmark breakwater project, which now enables year-round operations, including during the challenging Southwest monsoon period. The LNG vessel was received on June 2, 2025, by GAIL's Chairman & Managing Director Shri Sandeep Kumar Gupta and Director (Marketing) Shri Sanjay Kumar. With statutory approvals in place, the terminal has officially been designated an all-weather port—boosting LNG logistics reliability along India's West Coast. Strategically located on the Maharashtra coastline, the Dabhol LNG Terminal has a regasification capacity of 5.0 MMTPA. It plays a critical role in India's energy network via the Dabhol-Bangalore and Dabhol-Panvel pipeline systems. The island-type breakwater structure represents a significant marine engineering feat and is expected to improve both vessel accessibility and terminal capacity utilization. Looking ahead, GAIL plans to expand the terminal's capacity to 6.3 MMTPA in the next three years. Post-expansion, the terminal could handle up to 100 LNG cargoes annually, further strengthening India's energy security. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
India.com
29-05-2025
- Business
- India.com
Multibagger Stock: THIS Logistics company NECC releases quarterly results, check details here
सेफ इंवेस्टमेंट का भी करें इंतजाम Logistics company North Eastern Carrying Corporation Limited (NECC) has announced its financial results for the fourth quarter of the financial year 2024-25 (FY25). According to the information shared, the company has reported a net profit of Rs 1.76 crore. This is around 38.4 per cent lower than 2.86 crore reported in the same quarter a year ago. Similarly, the revenue from operations of the company in the fourth quarter stood at Rs 88.09 crore. This is a fall of around 4 per cent on a year-on-year (YoY) basis from Rs 91.8 crore in the same quarter a year ago. The counter has made investors richer by 440 per cent in 5 years. However, it has dipped over 2 per cent in three years and has given a positive return of 23 per cent in two years. Last year, the company had secured an order worth Rs 52.48 crore from state-owned GAIL (India) Limited for the transportation of polymer. The company informed exchanges that the order would be executed over a period of three years. Under the Ministry of Petroleum and Natural Gas, GAIL (India) Limited is India's leading natural gas company. The company has bagged the order through a bidding process to transport polymer. Meanwhile, equity benchmark indices Sensex and Nifty rebounded in early trade on Thursday after two days of decline. The jump mirrors a rally in Asian markets after a US federal court blocked President Donald Trump's 'Liberation Day' tariffs on imports under an emergency-powers law. Also, foreign fund inflows drove equity markets higher. The 30-share BSE benchmark gauge Sensex jumped 504.57 points to 81,816.89 in early trade. The NSE Nifty climbed 137.25 points to 24,889.70. From the Sensex firms, Infosys, Tata Steel, Tech Mahindra, HCL Tech, Tata Consultancy Services, Sun Pharma, Tata Motors and HDFC Bank were among the biggest gainers. With PTI Inputs
