What is GAIL?
GAIL (India) Limited, formerly known as Gas Authority of India Limited, is a state-owned natural gas processing and distribution company headquartered in New Delhi, India. The company was established in 1984 and is responsible for transmission, distribution, marketing and processing of natural gas in India.
Gas has a vast network of pipelines spread over 16,000 km, and is the largest gas transmission and marketing company in India.
The company is also engaged in the exploration and production of natural gas, petrochemicals, liquid hydrocarbons, liquefied petroleum gas (LPG), and other gas-based products.
GAIL has a significant role in the development of natural gas industry in India and has taken several initiatives to increase the utilization of natural gas in the country.
The company has expanded its operations globally by investing in several natural gas exploration and production projects in countries such as the United States, Egypt and Australia.
GAIL Key Points
Gas Limited is one of India’s largest publicly owned natural gas processing and distribution company headquartered in New Delhi (India). Some highlights about GAIL (India) Limited:
(1) GAIL was established in 1984 as a subsidiary of Gas Authority of India Limited, which was established in 1984 to promote and organize the gas industry in India.
(2) Gas (India) Limited operates in several sectors of the natural gas value chain including exploration and production, processing, transmission, marketing and distribution.
(3) The company’s natural gas pipeline network is spread over 16,000 km across India, and it operates two Liquefied Natural Gas (LNG) terminals in the country.
(4) Gas (India) Limited has diversified into other sectors such as petrochemicals, renewable energy and city gas distribution.
(5) The company has an international presence through its subsidiaries and joint ventures in countries such as the United States of America, Singapore, China and Egypt.
(6) Gas (India) Limited is listed on the Bombay Stock Exchange and the National Stock Exchange of India.
(7) The company has won several awards for its performance in areas such as corporate social responsibility, safety and environmental sustainability.
(8) GAIL (India) Limited is involved in several initiatives to promote the use of natural gas as a cleaner and more efficient fuel in India, including the development of the country’s first CNG corridor and promotion of gas-based power generation.
Investing in GAIL(india)
Let me provide you with some general information about GAIL (India) Limited, which you may find helpful in making an informed investment decision.
Gas (India) Limited is a well-known state-owned natural gas processing and distribution system company in India. The company is primarily involved in exploration, production, transmission, distribution and marketing of natural gas in India.
It is also involved in the production and marketing of petrochemicals and the development of renewable energy sources.
Gas (India) Limited is a large company with a market capitalization of over Rs 60,000 crore. The company has a strong financial position, a healthy balance sheet and a solid track record of profitability. It also pays regular dividends to its shareholders.
Before making any investment decision, it is important to do your own research and consider factors such as the company’s financial performance, industry trends and market conditions. Consulting a financial advisor or professional is helpful and beneficial before making any investment decision.
GAIL market cap
As per my knowledge cutoff as of Sep 2022, GAIL (India) Limited has a market capitalization of around Rs 85,704 crore. However, please note that the market capitalization of a company can fluctuate depending on various factors such as market conditions, company performance and investor sentiment.
You can check the latest market capitalization of Gas (India) Limited on various financial news websites or stock trading platforms.
GAIL’s(india) total Income
Real time data or information on the financial statements of specific companies. GAIL (India) Limited is a publicly traded company, and the estimated net income of ₹11000 Crore in 2022 can be found in its Annual Report and Financial Statements. You can visit the official website of Gas or the websites of the stock exchanges to access this information.
GAIL Total Revenue
GAIL can refer to many organizations or entities, and without knowing the specific one you are referring to, I cannot provide you a reliable answer on how the total revenue in 2022 is around INR 94000 crores or US$ 12 billion Am.
GAIL Head Quarters & Chairman
The headquarter of GAIL (India) Limited is located in New Delhi, India.
To the best of my knowledge as of September 2022, the Chairman and Managing Director (CMD) of GAIL (India) Limited was Shri Manoj Jain or Sandeep Kumar Gupta.
However, please note that executive positions such as Chairman and Managing Director may change over time, so it is advised to check the company’s website or official sources for the most up-to-date information.
GAIL (india) Ltd type
It was earlier known as Gas Authority of India Limited and was established in 1984.
Gas operates a network of over 13,000 km of natural gas pipelines across India and owns and operates a number of natural gas processing plants, Liquefied Petroleum Gas (LPG) processing plants and petrochemical plants.
The company also has investments in various international projects related to exploration, production and distribution of natural gas.
The main business areas of Gas include natural gas transmission, natural gas marketing, LPG and other liquid hydrocarbons, petrochemicals, city gas distribution, exploration and production and power generation. Here the company is reliably listed in the National Stock Exchange and Bombay Stock Exchange in India.
Disclaimer: The author in this post has written his opinion based on the knowledge of experts.GAIL (share market) & stocks are subject to risk. You are responsible for any risk.