GAIL India Shares Crash 7% as PNGRB Approves a Lower Tariff
November 28, 2025November 28, 2025 Shares of GAIL (India) Ltd crashed 7% on 28 November after the Petroleum and Natural Gas Regulatory Board (PNGRB) authorised a lower-than-expected tariff of Rs 65.69/mmbtu, compared to street estimates of Rs 70/mmbtu. The PNGRB approved an increase in the pipeline pricing for GAIL’s…