India Ratings and Research (Ind-Ra) has affirmed
GAIL (India) Limited’s Long-Term Issuer Rating at ‘IND AAA’. The Outlook is Stable.
Ind-Ra continues to take a consolidated view of GAIL and its subsidiaries/joint venture and associates to arrive at the ratings, owing to the operational, strategic and legal linkages among them.
The stocks touched an intraday high and intraday low at Rs150.50 per piece and Rs145.20 per piece respectively during early trading hours.
On Friday trading session, Gail ended at Rs145.95 per piece down by Rs1.35 or 0.92% on Sensex.