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4 days agoGAIL Shares Slide After Pipeline Tariff Revision Falls Short of Market Expectations
GAIL India witnessed sharp selling in early trade after the Petroleum and Natural Gas Regulatory Board approved a smaller than anticipated increase in its integrated pipeline tariff. The tariff was raised to Rs 65.69 per mmBtu from Rs 58.60, far below the company’s requested Rs 78, and the revision will take effect from January 1, 2026 one year later than GAIL had proposed.
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4 days agoGAIL Shares Slide After Pipeline Tariff Revision Falls Short of Market Expectations
GAIL India witnessed sharp selling in early trade after the Petroleum and Natural Gas Regulatory Board approved a smaller than anticipated increase in its integrated pipeline tariff. The tariff was raised to Rs 65.69 per mmBtu from Rs 58.60, far below the company’s requested Rs 78, and the revision will take effect from January 1, 2026 one year later than GAIL had proposed.
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GAIL shares dropped over 6% after PNGRB approved a modest tariff hike effective from 2026, well below expectations and delaying anticipated earnings support.
GAIL India witnessed sharp selling in early trade after the Petroleum and Natural Gas Regulatory Board approved a smaller than anticipated increase in its integrated pipeline tariff. The tariff was raised to Rs 65.69 per mmBtu from Rs 58.60, far below the company’s requested Rs 78, and the revision will take effect from January 1, 2026 one year later than GAIL had proposed.
GAIL India witnessed sharp selling in early trade after the Petroleum and Natural Gas Regulatory Board approved a smaller than anticipated increase in its integrated pipeline tariff. The tariff was raised to Rs 65.69 per mmBtu from Rs 58.60, far below the company’s requested Rs 78, and the revision will take effect from January 1, 2026 one year later than GAIL had proposed.
Nov 28, 2025 • 06:40