Stock Report

GAIL signs MoU with RailTel to explore telecom business opportunities

Posted On : 2026-03-11 21:19:53( TIMEZONE : IST )

GAIL (India) Limited entered into a Memorandum of Understanding (MoU) with RailTel Corporation of India Limited on 05.03.2026 to collaborate in the key sectors of the digital infrastructure in the country. The MoU was signed by Shri S S Agrawal, Executive Director (O&M-CO), GAIL and Shri J S Marwah, CS & GGM (Law), RailTel, in the presence of Shri Rajeev Kumar Singhal, Director (Business Development), GAIL, Shri Sanjai Kumar, Chairman and Managing Director, RailTel, and other senior oƯicials from both the companies.

Speaking on the development, Shri Deepak Gupta, Chairman and Managing Director, GAIL, said, "This partnership is fully in sync with our vision to integrate energy and digital infrastructure, leveraging the transformative potential of artificial intelligence (AI), all of which are pivotal to India's development journey."

Sh. Sanjai Kumar, Chairman and Managing Director, RailTel stated, "RailTel is committed to strengthening India's digital backbone through robust and secure communication infrastructure. Our collaboration with GAIL will enable both organisations to combine their strengths in network infrastructure and technological capabilities to accelerate the expansion of reliable digital connectivity across the country."

The strategic partnership seeks to reinforce India's communication framework, improve utilisation of resources, and drive forward the nation's digital connectivity initiatives at a rapid pace.

Shares of GAIL (India) Limited was last trading in BSE at Rs. 147.95 as compared to the previous close of Rs. 150.20. The total number of shares traded during the day was 412360 in over 4641 trades.

The stock hit an intraday high of Rs. 154.90 and intraday low of 147.35. The net turnover during the day was Rs. 62121868.00.

Shares of Railtel Corporation Of India Limited was last trading in BSE at Rs. 283.45 as compared to the previous close of Rs. 288.50. The total number of shares traded during the day was 134057 in over 2425 trades.

The stock hit an intraday high of Rs. 293.55 and intraday low of 281.95. The net turnover during the day was Rs. 38790399.00.