GAIL's Q4 Net Profit Declines 6% to ₹2,049 Crore

shares slipped up to 2% in morning trade ahead of a weaker-than-expected Q4 result. The company reported a standalone net profit of ₹2,049 crore for the March quarter, marking a 5.87% decline year-on-year. Currently, the stock is trading over 22% above its 52-week low but remains below 25% from its 52-week or all-time high. With mixed technical positioning and disappointing earnings, the outlook remains uncertain. Will the prices recover and bottom out, extend further downside in the near term, or continue to move sideways amid weak sentiment? Disclaimer: This post is for informational purposes only and does not constitute trading or investment advice.