|
02 Oct 2025 |
GAIL
|
Consensus Share Price Target
|
174.56 |
210.97 |
- |
20.86 |
buy
|
|
|
|
|
20 May 2023
|
GAIL
|
Motilal Oswal
|
174.56
|
125.00
|
104.85
(66.49%)
|
Target met |
Buy
|
|
|
|
|
29 Mar 2023
|
GAIL
|
Prabhudas Lilladhar
|
174.56
|
118.00
|
105.50
(65.46%)
|
Target met |
Buy
|
|
|
|
|
24 Mar 2023
|
GAIL
|
Motilal Oswal
|
174.56
|
147.00
|
103.50
(68.66%)
|
Target met |
Buy
|
|
|
|
|
24 Mar 2023
|
GAIL
|
ICICI Securities Limited
|
174.56
|
132.00
|
105.10
(66.09%)
|
Target met |
Buy
|
|
|
The regulator PNGRB has finally issued its much-awaited tariff order for GAIL’s integrated pipeline network (link here), which transports ~91% of the company’s current volumes (112.4mmscmd as per PPAC). The PNGRB- determined tariff of Rs58.6/mmbtu is lower than the Rs68.6/mmbtu GAIL applied for, yet is ~35% higher than the current normalised tariffs.
|
|
22 Mar 2023
|
GAIL
|
Motilal Oswal
|
174.56
|
147.00
|
105.40
(65.62%)
|
Target met |
Buy
|
|
|
|
|
15 Feb 2023
|
GAIL
|
Geojit BNP Paribas
|
174.56
|
104.00
|
95.30
(83.17%)
|
Target met |
Hold
|
|
|
|
|
01 Feb 2023
|
GAIL
|
ICICI Direct
|
174.56
|
115.00
|
96.05
(81.74%)
|
Target met |
Buy
|
|
|
|
|
31 Jan 2023
|
GAIL
|
ICICI Securities Limited
|
174.56
|
116.00
|
94.95
(83.84%)
|
Target met |
Buy
|
|
|
GAIL delivered 11-quarter low earnings in Q3FY23 with EBITDA/PAT declining 94/93% YoY, respectively. The earnings were well below our estimates of Rs18bn EBITDA and Rs11.4bn PAT.
|
|
30 Jan 2023
|
GAIL
|
Motilal Oswal
|
174.56
|
115.00
|
94.95
(83.84%)
|
Target met |
Buy
|
|
|
|
|
20 Dec 2022
|
GAIL
|
ICICI Securities Limited
|
174.56
|
127.00
|
97.40
(79.22%)
|
Target met |
Buy
|
|
|
Gazprom’s gas supply to GAIL as a part of long term 2.4mtpa LNG contract was paused from May 2022 and has not been reinstated.
|