The company aims to raise Rs 475 crore via initial stake sale, including a fresh issue of Rs 175 crore and an offer for sale of Rs 300 crore by its promoters and existing shareholders.
GAIL shares jump 4% as Q2 net profit rises over 8% to Rs 4,650 crore, revenue grows 17%
GAIL shares rose nearly 4% after the company reported strong second-quarter profit and revenue growth, supported by its gas marketing and transmission businesses. Investor sentiment