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GAIL (India): Stock on radar after company to invest ₹3,800 Cr in 700 MW solar power projects

GAIL (India) Limited approved 700 MW solar power projects with Rs 3800 crore investment in Uttar Pradesh and Maharashtra for captive energy requirements renewable expansion
Graphic showing GAIL planning to invest ₹3,800 crore in 700 MW solar power projects, putting the stock on investor radar.

Introduction

Leading gas utility company approves 700 MW solar power projects with Rs 3800 crore investment across Uttar Pradesh and Maharashtra with battery storage systems integration.

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Share price movement of GAIL

On April 15, 2026, Gail (India) Ltd opened at ₹157.40, up 1.63% from its previous close of ₹153.65. The stock reached a high of ₹157.40 (2.44%) and a low of ₹155.10 (0.94%). By 16:01, it traded at ₹156.15, a 1.63% increase, with a market cap of ₹1,02,670.18 crore.

GAIL Approves 700 MW Solar

GAIL (India) Limited approved 700 MW solar power projects with investment of Rs 3800 crore in Uttar Pradesh and Maharashtra supporting captive energy needs and renewable expansion initiative across states.

Project includes 600 MW solar at Jhansi with 550 MWh BESS for Pata plant and 100 MW solar in Maharashtra with 22 MWh BESS for Usar PDH-PP plant facility projects.

GAIL said projects support net zero targets and India energy transition using storage systems to address intermittency and strengthening integrated energy portfolio across conventional and renewable assets further strategic expansion.

Stock performance of GAIL for period of 1 week, 6 months, and 1 year

Gail (India) Ltd delivered a 1-week return of 0.27%, a 6-month return of -13.4%, and a 1-year return of -14.1%.

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Shareholding pattern of GAIL

ParticularsMar 2026Dec 2025Sep 2025
Promoter51.90%51.90%51.90%
FII13.00%14.10%13.70%
DII28.10%27.40%27.50%
Public7.00%6.70%6.90%

About GAIL

GAIL (India) Ltd (NSE: GAIL) is a government-owned integrated natural gas company operating pipelines, LPG units, petrochemicals, LNG trading, and city gas distribution businesses.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is GAIL (India) Ltd share price rising today?

A: GAIL (India) Ltd rises after approving 700 MW solar projects with Rs 3800 crore investment and battery storage systems.

Q: What is GAIL (India) Ltd’s main business focus?

A: GAIL (India) Ltd operates natural gas pipelines, LPG processing units, petrochemicals, LNG trading, and city gas distribution.

Q: What are the 52-week high and low of GAIL (India) Ltd stock?

A: GAIL (India) Ltd stock has 52-week high of ₹202.65 and 52-week low of ₹134.35.

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