NEW DELHI – Shares of Gail (India) Ltd (NSE: GAIL), the country’s largest state-owned natural gas company, registered a positive performance on the National Stock Exchange (NSE) on Wednesday, April 17th. The stock concluded the trading day at ₹187.00, marking a gain of ₹2.30, or 1.25%.
This closing price represents a solid performance compared to the previous day’s finish of ₹184.70. According to the intraday trading data available around 3:59 PM IST, Gail shares experienced some weakness in the initial hours, dipping below the ₹184 level.
However, the stock witnessed a strong recovery leading into the midday session, surging significantly to trade above the ₹187 mark and even touching levels near ₹188.50 during the afternoon. While there was volatility throughout the latter half of the day, with the price fluctuating between roughly ₹187 and ₹188.50, the stock maintained most of its gains.
Despite a slight pullback from its intraday highs towards the closing bell, Gail managed to settle exactly at the ₹187.00 level, securing a notable gain for investors on the day.
