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Gail’s valuation looks attractive, but West Asia crisis weighs

March 19, 2026

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Mint Hyderabad

Gail (India)

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Ltd’s shares have declined about 11% since the conflict in West Asia began, hitting 52-week low of ₹144.50 on Monday.The Strait of Hormuz blockade and QatarEn-ergy's suspension of operations at its liquefied natural gas (LNG) plant would hit Gail's transmission and marketing businesses.

As per Elara Capital, the state-owned company transported 123 million standard cubic metre (mmscmd) of natural gas in 2025, and about 30% of it came from sources that pass through or are close to the Strait and are stalled.

المزيد من القصص من Mint Hyderabad

Mint Hyderabad

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NCLAT principal bench reserves its order in JAL insolvency case

The principal bench of the National Company Law Appellate Tribunal (NCLAT) on Wednesday reserved its order in the Jaiprakash Associates Ltd (IAL) solvency case in which mining firm Vedanta Ltd has challenged the resolution plan submitted by the Gautam Adani-led Adani Enterprises.

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Why college incubators aren't scaling startups

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'CCIL must expand footprint globally'

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1 min

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Iran menaces Hormuz as its own oil tankers test US blockade

Iranian gunboats fired on two ships in the Strait of Hormuz on Wednesday as Tehran maintained its grip on the vital energy channel, while two of its own oil supertankers tested a US blockade.

time to read

2 mins

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SBI Life profit dips as expenses rise

India’s SBI Life Insurance reported a 1% drop in fourth-quarter profit on Wednesday as higher commissions and a jump in operating expenses outweighed renewal premium growth.

time to read

1 min

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IN AN INCREASINGLY FRAGILE WORLD, HOW ANTI-FRAGILE IS YOUR PORTFOLIO?

On that ordinary Monday morning, nothing felt unusual.

time to read

3 mins

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Mint Hyderabad

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Asia's hottest Michelin-starred restaurants right now

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time to read

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Govt notifies rules, bans real-money gaming from 1 May

The Centre on Wednesday cemented its ban on online real-money gaming, notifying rules under the Promotion and Regulation of Online Gaming Act, 2025, and reiterating that such platforms will not be allowed to operate in India.

time to read

1 mins

April 23, 2026

Mint Hyderabad

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Trade turmoil: why India should spearhead a resilience alliance

Global uncertainty and the WTO's retreat demand that we work with others to form a neutral bloc of trusted interdependence

time to read

4 mins

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'I AM RUNNING A MARATHON, NOT A SPRINT'

Pirojsha Godrej speaks on his 15 trillion ambition, legacy, cousins, market share and manuscripts

time to read

8 mins

April 23, 2026

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