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Gail’s Profitability Has Consistently Been On An Upward Trend

Gail’s Profitability Has Consistently Been On An Upward Trend

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Shri Manoj Jain
Chairman and Managing Director, GAIL (India) Limited. 

Which are the new gas markets that GAIL is looking to expand into aggressively?

AIL is currently supplying natural gas across India to fertiliser, power, city gas distribution companies, refineries, industries, etc. and is looking to further improve gas usage in these sectors. There is also huge potential in the city gas distribution (CGD), industrial and refinery segments where GAIL is focusing on to supply gas. Geographically, GAIL is now well-placed to open gas markets for development in different areas in Bihar, West Bengal, Assam, North East, Odisha and hitherto untapped areas in Andhra Pradesh, Madhya Pradesh, Maharashtra and Chhattisgarh through its new pipelines being laid in these states. These new areas will open up markets of up to 30 to 40 MMSCMD of gas in the coming 2-3 years. 

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Sensex 40,000 to 50,000: TCS becomes biggest contributor in terms of market cap Sensex 40,000 to 50,000: TCS becomes biggest contributor in terms of market cap

Sensex 40,000 to 50,000: TCS becomes biggest contributor in terms of market cap

Shreya Chaware / Article rating: 5.0

Sensex journey to 50,000 has been clearly an impressive one with several stocks contributing to its gains. When it comes to market cap addition, the clear winner is TCS, followed by HDFC Twins, ICICI Bank, and Kotak Mahindra Bank. These stocks contributed the most to the market capitalisation when Sensex moved from 40,000 to 50,000.   

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