177.3600 2.80 (1.60%)
NSE Oct 03, 2025 15:31 PM
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GAIL (India) Ltd.
06 Jun 2019
177.36
1.60%
BOB Capital Markets Ltd.
Tepid tariff hike doesn't alter buoyant outlook The PNGRB notified tariffs for five pipeline networks of GAIL, largest of them being the HVJ pipeline network (constituting ~30% of GAIL's gas transmission volumes). The integrated tariffs for HVJ at Rs41.1/mmbtu (or Rs1.44/scm) optically seem lower than the FY19 average (1.47/scm). However, we see earnings upside potential (~Rs2.4/sh) on consolidating incremental revenues from all tariff orders. We maintain earnings estimates...
GAIL (India) Ltd. is trading above its 50 day SMA of 176.6
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