Moody's affirms ratings of GAIL, revises outlook

Moody's has affirmed the ratings of GAIL (India) Limited (GAIL) with revised outlook from Baa3 with Negative outlook to Baa3 Stable outlook. Thus, now the credit rating of GAIL by Moody's is Baa3 with stable outlook. Further, Moody's has also affirmed the Baseline Credit Assessments (BCA) of GAIL at Baa3.

Shares of GAIL (India) Limited was last trading in BSE at Rs. 166.30 as compared to the previous close of Rs. 164.65. The total number of shares traded during the day was 1766426 in over 10009 trades.

The stock hit an intraday high of Rs. 171.35 and intraday low of 164.00. The net turnover during the day was Rs. 295964156.00.

Source : Equity Bulls

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GAILIndiaLimited INE129A01019 GAIL UtilitiesNonElec RatingUpdate Moodys