Friday, 12 February 2016

Punters place "buy" orders on GAIL shares: Will PNGRB raise gas pipeline tariff rates?

Stock brokerage houses have begun placing "buy" orders on GAIL on reports that the PNGRB is likely to raise tariffs for the gas major's trunk pipelines.
8According to one brokerage house, GAIL expects the tariff rates to go up five times but punters are betting on the rate going up but not as as much as GAIL has predicted. 
8Brokers are of the view that the upswing in tariffs is likely..http://goo.gl/WNluOb

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