GAIL and IGL reported strong volume and a topline growth during Q1FY19. We find both stocks fundamentally sound and stay convinced with their growth story. While valuations for GAIL are attractive, we would recommend a better entry point for IGL.
KR Choksey bullish on GAIL (India) has recommended buy rating on the stock with a target price of Rs 476 in its research report dated August 16, 2018.
Edelweiss recommended hold rating on GAIL with a target price of Rs 365 in its research report dated May 28, 2018.
ICICI Direct is bullish on Gail (India) recommended buy rating on the stock with a target price of Rs 375 in its research report dated May 28, 2018.
Prabhudas Lilladher is bullish on GAIL (India) has recommended buy rating on the stock with a target price of Rs 414 in its research report dated May 24, 2018.
ICICI Direct is bullish on Gail has recommended buy rating on the stock with a target price of Rs 383 in its research report dated March 27, 2018.
With rising crude prices, cost efficiency of natural gas, environmental concerns, policy framework changes and budget allocations, the gas distribution companies are positioned for a strong uptick in volumes.
Axis Direct is bullish on Gail India has recommended buy rating on the stock with a target price of Rs 530 in its research report dated February 19, 2018.
Prabhudas Lilladher is bullish on GAIL has recommended buy rating on the stock with a target price of Rs 513 in its research report dated October 10, 2017.
ICICI Direct recommended buy rating on Gail (India) with a target price of Rs 440 in its research report dated August 14, 2017.
Axis Direct recommended hold rating on Gail India with a target price of Rs 400 in its research report dated May 31, 2017.
HDFC Securities is bullish on GAIL has recommended buy rating on the stock with a target price of Rs 440 in its research report dated May 23, 2017.
ICICI Direct is bullish on Gail has recommended buy rating on the stock with a target price of Rs 460 in its research report dated May 24, 2017.
Edelweiss is bullish on GAIL has recommended buy rating on the stock with a target price of Rs 430 in its research report dated May 23, 2017.
ICICI Direct is bullish on GAIL has recommended buy rating on the stock with a target price of Rs 440 in its research report dated April 13, 2017.
Axis Direct recommended hold rating on GAIL with a target price of Rs 505 in its research report dated February 17, 2017.
Centrum recommended hold rating on GAIL with a target price of Rs 500 in its research report dated February 13, 2017.
ICICI Direct is bullish on Gail has recommended buy rating on the stock with a target price of Rs 535 in its research report dated February 13, 2017.
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.
Centrum is bullish on GAIL has recommended buy rating on the stock with a target price of Rs 475 in its research report dated November 15, 2016.
Religare is bullish on GAIL India has recommended buy rating on the stock with a target price of Rs 600 in its research report dated October 19, 2016.
Edelweiss is bullish on GAIL has recommended buy rating on the stock with a target price of Rs 448 in its research report dated September 08, 2016.
Religare is bullish on GAIL India has recommended buy rating on the stock with a target price of Rs 490 in its research report dated June 13, 2016.
Emkay is bullish on GAIL has recommended buy rating on the stock with a target price of Rs 443 in its research report dated May 25, 2016.
Emkay is bullish on GAIL (India) Ltd and has recommended buy rating on the stock with a target price of Rs 428 in its research report dated November 11, 2016.