BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Credit Suisse maintains underperform on GAIL India
Credit Suisse has maintained underperform rating on GAIL India for target price of Rs 310/share. It says capex to increase on east pipeline execution and returns may be depressed till fertiliser plants are online. CREDIT SUISSE adds that they stay negative on GAIL in the near-term and oil prices will cap GAIL's upside from LPG and petchem segments.