GAIL wins National Award for Excellence in Cost Management from ICAI Company awarded for fourth year in a row

GAIL (India) Limited has bagged the National Award for Excellence in Cost Management from the Institute of Cost Accountants of India (ICAI) for the fourth consecutive year.

The award, presented by Shri Piyush Goyal, Hon'ble Minister, Commerce & Industry, Textiles, Consumer Affairs and Food & Public Distribution, was received on behalf of GAIL by Shri R K Jain, Director (Finance) and Shri Deepak Gupta, Director (Projects) yesterday.

GAIL (as organization) got second position in the 17th National Award for Excellence in Cost Management 2019 in Manufacturing - Public Sector - Mega whereas Jamnagar Loni Pipeline (JLPL) got first position in Service Sector - Transportation and Logistics. The awards are presented annually to corporate entities in their journey towards excellence in cost management and cost management practices.

Shares of GAIL (India) Limited was last trading in BSE at Rs. 165.65 as compared to the previous close of Rs. 169.90. The total number of shares traded during the day was 776357 in over 7366 trades.

The stock hit an intraday high of Rs. 172.00 and intraday low of 163.75. The net turnover during the day was Rs. 128629164.00.

Source : Equity Bulls

Keywords

GAILIndia INE129A01019 NationalAwardforExcellence CostManagement