GAIL rises ahead of Q1 numbers. Here’s what brokerages say

NEW DELHI: Shares of GAIL NSE -0.41 % rose nearly 2 per cent in Thursday’s trade ahead of the company’s June quarter results scheduled for later in the day. The company is expected to report up to 60 per cent fall in consolidated net profit on 30-35 per cent decline in sales.

Updates on the execution of new pipelines and the status of Kochi- Mangalore pipeline would be keenly followed.