Is Gail a good buy for long term?

Recently, brokerage firm Emkay Global had a buy rating on the stock of GAIL for long term investment. The brokerage firm has set a price target of Rs 190 on the shares. The firm believes that higher oil prices, strong marketing and petchem performance, will help in the future.

Why is Gail gained?

GAIL’s shares gain on transmission volume recovery, share buyback news. The tide has turned favourable for GAIL (India) Ltd following the economic recovery in the country, with a regular recovery in transmission volumes. The stock is also gaining momentum.

What is the target of Gail share?

GAIL (India) Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 67937.89 Crore) operating in Gas & Petroleum sector. ICICI Securities has buy call on GAIL (India) with a target price of Rs 207. The current market price of GAIL (India) Ltd. is Rs 153.25.

What is the share price of GAIL India?

Gail India GAIL share price forecast & targets for Intra Day are 159.2, 160.72, 157.68 on the downside, and 165.75, 167.27, 170.78 on the upside. These intraday share price levels are calculated using pivot point calculations and valid only for tomorrow’s session on a 5-15 minute chart.

What is the average price target for Gail?

The 41 reports from 10 analysts offering long term price targets for GAIL (India) Ltd. have an average target of 143.13. The consensus estimate represents an upside of 60.37% from the last price of 89.25. Reco – This broker has downgraded this stock from it’s previous report. (eg. – Buy->Hold)

Who are the auditors of GAIL India Ltd?

Company has ASA & Associates LLP as its auditors As on 31-12-2019, the company has a total of 4,510,141,866 shares outstanding. GAIL (India) . Quick Links Please wait… Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service

What is the market capitalization of Gail company?

The market capitalization here is taken for the fully paid-up equity share of the company. Company has spent less than 1% of its operating revenues towards interest expenses and 2.25% towards employee cost in the year ending Mar 31, 2020. (Source: Consolidated Financials) Company reported total income of Rs 16185.41 cr in Mar 31, 2021 quarter.