Hold GAIL (India); target of Rs 108: Prabhudas Lilladher

Prabhudas Lilladher recommended Hold rating on GAIL (India) with a target price of Rs 108 in its research report dated June 25, 2020.

Broker Research

June 26, 2020 / 17:28 IST

26 Aug, 2025 12:21

Volume

Todays L/H

Prabhudas Lilladher's research report on GAIL (India)

We lower our FY21-22E earnings to incorporate lower LPG realization and gas trading earnings. We expect GAIL’s capex trajectory to pick up as all businesses ex-pipeline operate at near peak levels.

Outlook

DOWNGRADE to “ACCUMULATE” with revised DCF-based PT of Rs108 (Rs115) on rollover.

For all recommendations report, click here

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Broker Research

first published: Jun 26, 2020 05:28 pm

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