BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Emkay Recommends 'Buy' On GAIL
According to Emkay, GAIL should definitely take the benefit of lower tax rates from financial year 2020-21, even if it does not take it in 2019-20 due to MAT credits and other benefits. Any prolonged weakness in oil prices due to the coronavirus outbreak can be a key near-term earnings risk, the brokerage adds.