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Last Updated : Jun 14, 2019 03:24 PM IST | Source:

Accumulate GAIL (India); target of Rs 482: Prabhudas Lilladher

Prabhudas Lilladher recommended accumulate rating on GAIL (India) with a target price of Rs 482 in its research report dated May 28, 2019.

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Prabhudas Lilladher's research report on GAIL (India)

We leave our FY20/21E earnings unchanged as we have baked in conservative assumptions. We expect GAIL to benefit from likely implementation of unified pipeline tariff.


However, we expect GAIL's capex trajectory to pick up as all businesses ex-pipeline operate at near peak levels. Attractive valuation makes GAIL a "BUY" with DCF-based PT of Rs482.

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on are their own, and not that of the website or its management. advises users to check with certified experts before taking any investment decisions.

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First Published on Jun 14, 2019 03:24 pm
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