GAIL Shares Soar With Tariff Increase Hope, CLSA Increases Target Price

Unknown Apr 02, 2026 400 Views

GAIL (India) Ltd. shares surged more than 5% on April 21, 2025, on hopes of a possible tariff revision by the Petroleum and Natural Gas Regulatory Board (PNGRB). The regulator issued a consultation paper examining tariffs on 10 of GAIL's pipelines, leading to investor hopes of a possible revi...