GAIL shares fall over 6% after lower than expected transmission tariff revision
GAIL shares dropped over 6% in early trading on Friday, November 28, following the release of the long-awaited transmission tariff revision orders by the PNGRB. The revised tariff has been set at ₹65.7 per MMBtu, up from ₹58.6 per MMBtu, reflecting a 12% increase. However, this is below the ₹78 per MMBtu sought by GAIL…
