Sharekhan is bullish on GAIL (India) has recommended buy rating on the stock with a target price of Rs 128 in its research report dated May 19, 2023.

Buy GAIL (India); target of Rs 128: Sharekhan

Motilal Oswal is bullish on GAIL recommended buy rating on the stock with a target price of Rs 125 in its research report dated May 20, 2023.

Buy GAIL; target of Rs 125: Motilal Oswal

Results Review for BPCL, Gail, Vinati Organics, Aditya Birla Fashion and Retail

GAIL India Q4 Results Review - One-offs And APM Gas Deallocation Drag Earnings: ICICI Securities

Higher operational cost weighs on #GAIL's net profit; margins contract by 1000 bps in Q4.
CMD Sandeep Kumar Gupta shares plans for FY24. #Q4WithBQ #BQLive

Q4 Review | GAIL CMD On Earnings Report Card & FY24 Growth Strategies

YES Securities is bullish on GAIL (India) has recommended buy rating on the stock with a target price of Rs 150 in its research report dated May 19, 2023.

Buy GAIL (India); target of Rs 150: YES Securities

GAIL India is seeking compensation from Gazprom Marketing and Trading Singapore after the latter reneged on a commitment to supply fully contracted liquified natural gas (LNG) last year. GAIL Chairman SK Gupta has said the company has filed for arbitration in London, stating, “We have nominated our …

LNG deal: GAIL seeks damages from Gazprom

The company is also contemplating entering into the ethane cracker

GAIL to borrow up to ₹7,000 cr. domestically to fund ₹10,000 cr. capex plan in FY24

State-owned Gail India on Friday said it has initiated legal proceedings against an arm of the Russian energy giant Gazprom for non-delivery of LNG.

Gail initiates legal proceedings against Gazprom for non-supply of LNG

Gail India plans to borrow up to Rs 7,000 crore in FY24 to fund the Rs 10,000 crore capital expenditure plan for this fiscal, a top company official said on Friday.

Gail to borrow up to Rs 7,000 cr domestically to fund Rs 10,000 cr capex plan in FY24 | The Financial Express

GAIL had in 2012 signed a 20-year deal with Gazprom Marketing and Singapore (GMTS) to buy 2.85 million tonnes per annum of LNG. Supplies started in 2018 and the full volume was to reach in 2023.

Gail initiates legal proceedings against Gazprom for non-supply of LNG; files for arbitration in London

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

GAIL (India) Limited is an integrated energy company in the hydrocarbon sector. The Company's products and services include natural gas marketing and transmission, petrochemicals, and liquid hydrocarbons production (LPG, propane and naphtha).

GAIL (India) Ltd