GAIL (India) was trading at RS 173.50 on the BSE, up by 1.50 points or 0.87% from its previous close of RS 172.00.

The stock opened at RS 172.50 and moved between a high of RS 173.80 and a low of RS 172.50 during the session. A total of 64,483 shares were traded so far.

The BSE Group ‘A’ stock, with a face value of RS 10, had touched a 52-week high of RS 202.65 on June 12, 2025, and a 52-week low of RS 150.60 on March 4, 2025. Over the past week, the scrip recorded a high of RS 173.80 and a low of RS 166.90. The company’s current market capitalisation stands at RS 1,14,110.85 crore.

Promoter holding in the company stands at 51.88%, while Institutions and Non-Institutions hold 41.21% and 6.91%, respectively.

In a key development, GAIL (India) has signed a non-binding Memorandum of Understanding (MoU) with the Government of Chhattisgarh for the development of a greenfield gas-based fertilizer project in the state. Under the MoU, GAIL will conduct detailed techno-economic studies to set up a 12.7 Lacs Metric Ton (LMT) urea manufacturing plant, proposed to be strategically located along GAIL’s Mumbai–Nagpur–Jharsuguda Natural Gas Pipeline (MNJPL) corridor. The final investment decision will be taken based on the outcome of these studies.

The Government of Chhattisgarh has assured full facilitation for the project, including support for feasibility studies, identification and allocation of land, coordination with state and central authorities, assistance in obtaining statutory approvals, and development of enabling infrastructure.

GAIL (India) is the country’s leading natural gas company with diversified operations across the natural gas value chain, including trading, transmission, LPG production and transmission, LNG regasification, petrochemicals, city gas distribution, and exploration and production.