GAIL stock slips after Sebi imposes fine on gas utility PSU
Stock exchanges imposed a total fine of Rs 34 lakh on oil refining and fuel marketing giant Hindustan Petroleum Corporation Ltd (HPCL), explorer Oil and Natural Gas Corporation (ONGC), gas utility GAIL, Oil India Ltd (OIL), and refiner Mangalore Refinery and Petrochemicals Ltd (MRPL) for not meeting the listing requirement in the January-March quarter, stock exchange filings said.
![GAIL stock slips after Sebi imposes fine on gas utility PSU](https://cdn.zeebiz.com/sites/default/files/2024/05/27/295777-gail-official-website.jpg?im=FitAndFill=(1200,900))
GAIL has commissioned a 10 MW Green Hydrogen Plant in Madhya Pradesh. Photo: File/Representational