Comments
GAIL stock jumped nearly 3 per cent today ahead of December quarter earnings.
The stock gained as much as 2.7 per cent ahead of December quarter results to be announced later in the day.
Traders cite expectations of better-than-expected earnings for the uptrend.
The gas company is expected to post a net income of Rs 460 crore ($67.5 million) on revenue of 14,550 crore, according to Thomson Reuters StarMine. ($1 = 68.1300 Indian rupees)
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.