BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Religare maintains buy on GAIL India
GAIL's operating performance in Q1 was above estimates. GAIL's earnings were boosted by a one-time gain of RS 490 crore from the Mahanagar Gas IPO. Petrochemicals EBITDA at Rs 200 crore was the key profit driver. Gas transmission and trading businesses of the company also outperformed.