GAIL share price plunges 6.5%. Why is the Maharatna PSU stock falling despite hike in tariffs?

GAIL share price: Shares of Maharatna public sector undertaking (PSU) GAIL (India) Limited tanked 6.5% in early trade on Friday, November 28, after the Petroleum and Natural Gas Regulatory Board (PNGRB) approved a tariff hike that came in below both market expectations.

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