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GAIL signs MoU with RailTel to explore new telecom opportunities; check more on this

News by Aliceblue News Desk

09 Mar 2026

GAIL signs MoU with RailTel to explore new telecom opportunities; check more on this

Introduction

Leading integrated natural gas company in India, operating extensive pipeline networks, LPG units, petrochemical facilities, and international subsidiaries for LNG, petrochemical trading, and shale gas development.

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Share price movement of GAIL

On March 9, 2026, Gail (India) Ltd opened at ₹151.90, down 2.45% from its previous close of ₹155.60. The stock reached a high of ₹151.90 (–2.42%) and a low of ₹146.45 (–5.91%). By 4:01 PM, it traded at ₹148.90, a 4.31% decrease, with a market cap of ₹97,903.23 crore.

GAIL Signs MoU with RailTel

GAIL (India) Limited and RailTel Corporation of India Limited signed a Memorandum of Understanding on March 5, 2026. The agreement focuses on collaboration in India’s digital infrastructure sector.

The MoU was signed by Shri S S Agrawal, Executive Director of GAIL, and Shri J S Marwah, CS & GGM (Law) of RailTel, with senior officials from both companies present.

The partnership aims to strengthen India’s communication framework, improve resource utilisation, and accelerate the nation’s digital connectivity initiatives across key sectors of the country.

Stock performance of GAIL for period of 1 week, 6 months, and 1 year

Gail (India) Ltd declined 5.7% over the past week, fell 10.5% in the past 6 months, and decreased 1.5% over the past 1 year.

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Shareholding pattern of GAIL

ParticularsDec 2025Sep 2025Jun 2025
Promoter51.90%51.90%51.90%
FII14.10%13.70%14.90%
DII27.40%27.50%26.50%
Public6.70%6.90%7%

About GAIL

GAIL (India) Ltd (NSE: GAIL), incorporated in 1984, is an integrated natural gas company with extensive pipelines, LPG units, petrochemical facilities, and international subsidiaries in LNG and trading.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is GAIL (India) Ltd share price in focus today?

A: GAIL (India) Ltd signed a MoU with RailTel to collaborate on India’s digital infrastructure and improve communication network utilisation.

Q: What is GAIL (India) Ltd’s main business focus?

A: GAIL (India) Ltd focuses on natural gas transportation, LPG processing, petrochemicals, LNG, and international trading and shale gas operations.

Q: What are the 52-week high and low of GAIL (India) Ltd stock?

A: GAIL (India) Ltd recorded a 52-week high of ₹202.65 and a 52-week low of ₹146.45.

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