Share price of GAIL (India), the largest gas transmission and marketing company in India, touched a 52-week high of Rs 143.50, surging over 4% in the early deals on January 12 after the company is going to consider buyback of shares on January 15.

The meeting of the board of directors of the company will be held on Friday, Jan. 15, 2021, to consider the proposal of buyback of the fully paid-up equity shares of the company of face value of Rs 10 each.

The board will also consider the declaration of interim dividend on the equity shares of the company for the financial year 2020-21.

Shares of GAIL (India) are trading at Rs 141.70, up Rs 6, or 4.42% at the Bombay Stock Exchange (BSE) on Tuesday at 11:34 a.m.

The scrip has touched an intra-day high of Rs 143.50 and low of Rs 139.45. The total volume of shares traded at the BSE is 2,309,136.

In the earlier session, the shares climbed 2.26%, or Rs 3, at Rs 135.70.Currently, the stock is trading all time 52-week high, which is above 115.3% over the 52-week low of Rs 65.70.