Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
344.10
Change Change %
9.40 2.81%

Updated:20 Nov, 2018, 15:09 PM IST

BSE
344.00
Change Change %
9.20 2.75%

Updated:20 Nov, 2018, 15:15 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
29-07-2015 Buy 351.25 445.00
N/A
Closed Custom
29-07-2016

Nomura Maintains Buy on GAIL India

Nomura has maintained its buy call on GAIL India for target price of Rs 445. Nomura has reduced its target from Rs 495 it says that GAIL remains a key large-cap stock in the India gas sector. Near-term market concerns are on petchem, weak RasGas demand, but the long-term outlook remains good for all segments. 

Nomura has cut its earnings by 27 per cent for FY16F, and 15-18 per cent for FY17-18F due to weak 1Q results, and our conservative volume, petchem and marketing earnings estimates.

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