• Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney Invest Now master your money
Moneycontrol

Home » News » Recommendations

Feb 14, 2017, 01.52 PM | Source: Moneycontrol.com

Buy GAIL; target of Rs 535: HDFC Securities

HDFC Securities is bullish on GAIL has recommended buy rating on the stock with a target price of Rs 535 in its research report dated February 11, 2017.

Like this story, share it with millions of investors on M3

Buy GAIL; target of Rs 535: HDFC Securities

HDFC Securities is bullish on GAIL has recommended buy rating on the stock with a target price of Rs 535 in its research report dated February 11, 2017.

Post Your Comments

Share Cancel

(more)

, HDFC Securities |


HDFC Securities' research report on GAIL

FY17 is proving to be a complete turnaround year for GAIL. There will be a boost in profitability across all segments led by (1) higher margins in petchem and LPG. Strong crude prices will lead to firm realisations for petchem and LPG.

Outlook

Upcoming LNG facilities in USA and Australia will completely distort the global gas market equilibrium. We believe that gas prices will remain muted for a long period of time. Our SOTP target is Rs 535/sh (7.3x FY19E standalone EV/EBITDA and Rs 129/sh from investments). Maintain BUY.

For all recommendations, click here

Disclaimer:
The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Buy, Hold, Sell ? Hear it first on M3
Buy GAIL; target of Rs 535: HDFC Securities

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login