GAIL to raise ₹25,000 cr debt ahead of expansion
GAIL had recorded a 116% increase in revenue at ₹37,572 crore in the April-June quarter of FY23; profit rose 91% to ₹2,915 crore
gail stock
August 2022
Windfall tax on petroleum crude hiked; diesel, ATF export levy slashed
Amid the announcement, shares of three out of four oil producers and refiners are down. RIL stock is up 0.16%, while ONGC, GAIL, IOC are down by 1.39%, 1.77%, and 0.28%, respectively
