GAIL Shares Surge Over 6%

New Delhi: Shares of GAIL (India) Ltd on Wednesday jumped over six per cent after the firm posted a 10 per cent rise in September quarter net profit. The stock surged 6.36 per cent to settle at Rs208.90 apiece on the BSE. Intra-day, it soared 6.89 per cent to Rs209.95. On the NSE, it jumped 6.41 per cent to Rs209. State-owned GAIL (India) Ltd on Tuesday reported a 10 per cent rise in September quarter net profit after an increase in earnings from the gas transmission business and a turnaround in the petrochemical business neutralised a fall in marketing margin. Consolidated net profit of Rs 2,689.67 crore in July-September FY25 compared with Rs 2,442.18 crore in the same period a year ago, according to a stock exchange filing by the company.