BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Macquarie maintains underperform on Gail
Kerala pipeline may be abandoned, which is negative for Gail. Issues with most new projects, including Dabhol LNG, are a drag. Gail's earnings are cyclical and with low return on equity (ROE).