Today, on 24th March 2025, the Gas Authority of India Limited or GAIL Share Price experienced a sudden surge in share prices and trade volumes since the opening bell. The spike in the company’s stock value results from developments the Petroleum And Natural Gas Board (PNGRB) will soon implement.
Regarding the natural gas tariffs, the PNGRB received requests and suggestions from stakeholders to consider regulation and amendment. In pursuit of the suggestions, PNGRB decided to amend the Natural Gas Pipeline Tariff Regulations, 2008 and asked the public to opine on it by 11th April.
Since the announcement of an amendment, GAIL’s share prices have risen. Citit, a brokerage firm, reported that the fuel costs could be the primary reason for calls for an amendment. The new regulations will enlarge GAIL as a huge beneficiary.
Today, GAIL’s shares opened to the market at Rs. 178.76 and are currently up by 5.8% compared to the opening bell rates and 5% compared to the closing rates.
GAIL Share Price in Today’s Market
At 10:14 a.m., GAIL traded at Rs. 182.73 for a share, nearly 2% higher than the opening rate. And 4.3% higher than its previous close. According to the reports and estimates on Money Control, the current market capitalisation shows 120,311 cores; the UC Limit is 192.55, and the LC Limit is 157.54.
Company Financials
GAIL’s third quarter of the fiscal year 2024-25 (Q3 FY25) reported the company positively. With Rs. 36,937 crores, GAIL recorded 9% growth in revenues from operations compared to the previous fiscal’s third quarter. The Profit Before Tax stood at Rs. 5,272 crore, a 52% rise from Rs. 3,470 crore in the prior quarter and the same increase in net profit with Rs. 4,082 crore.
Recent News About GAIL
- In February 2025, GAIL added 400 crores to its start-up fund, bringing the total to 500 crore. GAIL’s start-up fund was initiated to foster innovation, support emerging businesses, and accelerate the growth of India’s start-up ecosystem.
- In March, GAIL partnered with Accelera by Cummins to expand its portfolio and dive into hydrogen production, blending, transportation, and storage opportunities.
- After lifting a ban on export permits for new projects by the US administration, GAIL revived plans to invest in the US LNG plants or secure long-term LNG supplies.
GAIL Share Price Target
As per the predictions of market experts on Trendlyne, GAIL has an average target of 232.20. The consensus estimates an upside of 26.76% from the last price of 183.18.
Should You Buy, Sell, Or Hold?
Most market analysts strongly support buying the shares. 35 analysts cover GAIL stocks, and 27 of them recommend, five of them rated “hold”, and three said “sell.” But, before you invest in GAIL, consider its long-term performance and consult your analyst to make the perfect move.
All the information given above is for informational purposes only. Investors are advised to consult certified expert before making any investment-related decision.
