10,142.15113.05
Stock Analysis, IPO, Mutual Funds, Bonds & More

Buy GAIL (India) Ltd. target Rs 135: Nirav Chheda

Buy GAIL (India) Ltd. at a price target of Rs 135.0 and a stoploss at Rs 121 from entry point.

ETMarkets.com|
Last Updated: Nov 20, 2019, 09.15 AM IST
0Comments
ThinkStock Photos
Buy-sale2
Nirav Chheda of Nirmal Bang Securities has a buy call on GAIL (India) Ltd. with a target price of Rs 135. The current market price of GAIL (India) Ltd. is Rs 125.2 Time period given by analyst is Intra Day when GAIL (India) Ltd. price can reach defined target. Nirav Chheda recommended to keep stoploss at Rs 121. GAIL (India) Ltd., incorporated in 1984, has a market cap of Rs 56949.40 crore.

GAIL (India) Ltd. key Products/Revenue Segments include Gas Natural which contributed Rs 61501.94 Crore to Sales Value (81.86 % of Total Sales), Polymers which contributed Rs 6630.63 Crore to Sales Value (8.82 % of Total Sales), Liquefied Petroleum Gas which contributed Rs 3750.39 Crore to Sales Value (4.99 % of Total Sales), Sale of services which contributed Rs 1935.20 Crore to Sales Value (2.57 % of Total Sales), Propane which contributed Rs 882.19 Crore to Sales Value (1.17 % of Total Sales), Other Operating Revenue which contributed Rs 318.78 Crore to Sales Value (0.42 % of Total Sales), Power which contributed Rs 57.10 Crore to Sales Value (0.07 % of Total Sales), Oil Crude which contributed Rs 35.64 Crore to Sales Value (0.04 % of Total Sales), Compressed Natural Gas (CNG) which contributed Rs 12.47 Crore to Sales Value (0.01 % of Total Sales) and Income From Telecom which contributed Rs 2.42 Crore to Sales Value (0.00 % of Total Sales)for the year ending 31-Mar-2019.

For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 18235.45 Crore, down -1.26 % from last quarter Sales of Rs 18467.44 Crore and down -5.73 % from last year same quarter Sales of Rs 19342.88 Crore Company has reported net profit after tax of Rs 849.27 Crore in latest quarter. The company’s top management includes Dr.Anup K Pujari, Dr.Ashuotsh Karnatak, Dr.Rahul Mukherjee, Mr.A K Tiwari, Mr.Anupam Kulshrestha, Mr.Ashish Chatterjee, Mr.Dinkar Prakash Srivastava, Mr.Gajendra Singh, Mr.Jayanto Narayan Choudhury, Mr.Manoj Jain, Mr.P K Gupta, Mr.S K Srivastava, Mr.Sanjay Tandon, Mrs.Banto Devi Kataria. Company has ASA & Associates LLP as its auditors. As on 30-09-2019, the company has a total of 4,510,141,866 shares outstanding.

Also Read

Trending stocks: GAIL India shares slip 3% in early trade

Trending stocks: GAIL shares climb nearly 2%

EESL, GAIL sign MoU for trigeneration projects

Buy GAIL India, target price Rs 140: Nomura

Buy GAIL (India), price target Rs 139: Manas Jaiswal

Comments
Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service