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GAIL (India) Limited ( (IN:GAIL) ) has provided an announcement.
GAIL (India) Limited addressed a recent incident involving a gas pipeline leak that impacted CNG supply in Mumbai. The leak, caused by third-party damage, was swiftly managed by GAIL’s operations team, restoring normal gas supply within 40 hours. The company clarified that the incident had no material impact on its operations or stock price, and it was not required to disclose the event to stock exchanges under regulatory norms.
More about GAIL (India) Limited
GAIL (India) Limited operates in the energy sector, primarily focusing on the supply and distribution of natural gas. The company is a key player in the Indian market, providing essential gas services and infrastructure.
Average Trading Volume: 602,852
Technical Sentiment Signal: Buy
Current Market Cap: 1218B INR
Learn more about GAIL stock on TipRanks’ Stock Analysis page.