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Business

Sensex Today | Stock Market LIVE Updates: Sensex jumps 1000 pts, Nifty at 23,350; RIL, Tata Steel, Max Healthcare top gainers

Nifty50 Today | Citi maintains ‘buy’ on GAIL, sets target price at Rs 200/share

#1 Delivers second consecutive strong quarter, with EBITDA at Rs 6,400 crore, well above Rs 3,500 crore estimates

#2 Strong gas trading and better-than-expected gas transmission performance drive the beat

#3 Softer LPG and petrochemical performance partially offset gains, though petrochemicals improve QoQ

#4 Q2 net income rises 8% QoQ to Rs 4,700 crore versus estimates of Rs 2,100 crore

#5 H1 EPS stands at Rs 14/share

#6 Diversified LNG portfolio of 16.5 MMT, underutilised pipeline network, tariff upside and rising gas adoption support positive outlook

GAIL India was quoting at Rs 173.65, up Rs 5.65, or 3.36 percent.

It has touched an intraday high of Rs 174.65 and an intraday low of Rs 168.90.

It was trading with volumes of 446,433 shares, compared to its five day average of 231,962 shares, an increase of 92.46 percent.

Source: www.moneycontrol.com