29 Jan 2026

GAIL (India) Shares Edge Higher; LNG Charter Deal with MOL Boosts Outlook

GAIL (India) was trading at RS 169.15, up RS 1.05 or 0.62% from its previous close of RS 168.10 on the BSE.

The stock opened at RS 168.35 and moved between an intraday high of RS 171.90 and a low of RS 168.00. A total of 2,97,345 shares were traded during the session.

The BSE Group ‘A’ stock, with a face value of RS 10, has recorded a 52-week high of RS 202.65 on 12-Jun-2025 and a 52-week low of RS 150.60 on 04-Mar-2025. Over the past week, the scrip traded between RS 171.90 and RS 158.40. The company’s current market capitalisation stands at RS 1,11,086.31 crore.

Promoter holding in GAIL (India) remains strong at 51.88%, while Institutional investors hold 41.44% and Non-Institutional investors 6.68%.

On the corporate front, GAIL (India) has entered into a long-term charter agreement with Mitsui O.S.K. Lines (MOL) for an LNG carrier named ‘GAIL BHUWAN’. The agreement has been signed with LNG Japonica Shipping Corporation, a joint venture between GAIL (India) (26%) and MOL (74%). This collaboration strengthens LNG shipping and energy logistics ties and aligns with the Maritime Amrit Kaal Vision 2047, enhancing India’s maritime and energy supply chain capabilities. The partnership also supports the net-zero emission goals of both companies, contributing to a low-carbon future.

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