GAIL shares unmoved after PNGRB fixes integrated tariff; what should investors do?
GAIL (India) shares traded flat on Thursday after Petroleum and Natural Gas Regulatory Board (PNGRB) announced integrated tariff involving 10 connected pipelines at Rs 58.61/MMBtu, down from Rs 68.55 filed by the company and Street expectations (at least Rs 50 to Rs 61/mmbtu).
Shares of the company were trading at Rs 105.50 on NSE at 12:20 pm, by Re 0.10 or 0.09%.
