Skip to main content

Gail India (Rs. 348.00) (Code : 532155)

Gail India (Rs. 348.00) (Code : 532155) : The GAIL India stock gained 10 per cent in three trading sessions last week on some positive news. The company stands to be a key beneficiary of the draft hydrocarbon policy announced earlier last week. If implemented, this will free pricing of domestic gas (currently regulated), which would boost gas production. This means utilisation of GAIL and other gas pipeline companies could improve significantly over the next few years. GAIL has been operating its pipelines below 40 per cent utilisation for the past few quarters. Second, Mumbai’s sole authorised distributor of CNG and PNG - Mahanagar Gas- has filed its draft prospectus on November 16, in which GAIL is looking to sell about 14 per cent stake (of its nearly 50 per cent shareholding). This monetisation will rub off favourably on GAIL and improve its cash kitty. Mahanagar Gas is India’s third largest city gas distribution company and a higher than estimated initial public offering (IPO) valuation would give a leg-up to GAIL’s sum of the parts valuations.Two leading brokerages BNP Paribas and Goldman Sachs, recently upgraded the stock.The stock is risk free at this level and has huge opporutnity. Buy.

Comments

  1. Ratul27 November 2015 at 23:51

    This comment has been removed by the author.

    ReplyDelete
  2. Ratul27 November 2015 at 23:52

    This comment has been removed by the author.

    ReplyDelete

Post a Comment

Popular posts from this blog

Dalal Street Tower Talk

Dalal Street Tower Talk   Singer India (Rs 182)--Singer Is a MNC Company in Which Promoter Holding Is 75 % Its Likely To Achieve EPS of Rs 6 Along With 15 % Dividend For The Fourth Quarter ended june 2015.Their Is also Likelihood of a Strategic Corporate Anouncement   Amines And Plastic:-Some Movement Can Expected In The Stock In The Coming Days (Bonus Buzz)  
1 comment
Read more

Dalal Street Tower Talk

Future Consumer (Rs. 17.00) (Code: 533400) :- The stock is on the rise after Kishore Biyani-led Future Group entered in a tie up with Baba Ramdev's Patanjali group to sell its products in Big Bazaar. MT Educare (Rs. 136.00) (Code: 534312) :- A leading chartist is very bullish on the share of this education sector company. According to the chartist, the stock is in upward direction since June 2015. He is recommending a buy for a target price of Rs. 150 and stop-loss of Rs. 126. Redington India (Rs. 119.00) (Code: 532805 ) :- Chennai-based Redington is set to acquire majority stake in Turkey-based Oracle distributor Linkplus Bilgisayar Sistemleri Sanayi Ve Ticaret. Its UAE subsidiary has also been selected as a distributor of iPhone. It is launching two new iPhone models of Apple in India in November, which will add current to the stock Eros Inter. (Rs. 479.00) (Code: 533261) :- After many delays, the much-awaited Malayalam movie Pathemari, starring superstar Mammootty, ...
1 comment
Read more