Gail (India) touches 52-week high
DSIJ Intelligence / 02 May 2017

Gail (India) has won contracts for pipeline laying works worth Rs 200 crore. The company will work on Kochi-Koottanad-Mangaluru pipeline for another 131 km section from Areacode to Kurumathoor.
Gail (India) has won contracts for pipeline laying works worth Rs 200 crore. The company will work on Kochi-Koottanad-Mangaluru pipeline for another 131 km section from Areacode to Kurumathoor.
Construction in works from both the ends of the Kochi- Koottanad-Mangaluru pipeline i.e. in the 91 km Kochi-Kotottanad section as well as in the 105 km Perole -Mangaluru section is already in full swing.
Gail India has been able to make substantial progress in acquisition of right of user due to the continued support of all of stakeholders. The company is targeting to complete the entire Kochi -Koottanad –Manaluru pipeline by December 2018.
The share price of Gail (India) increased 0.64 per cent in an early trade and is trading at Rs 424 in an intraday basis. The company’s share price touched new 52-week high at Rs 426.45 on Monday.
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