Buy GAIL (India), target price Rs 195: Motilal Oswal

Motilal Oswal has buy call on GAIL (India) with a target price of Rs 195. The current market price of GAIL (India) Ltd. is Rs 157.1.

GAIL (India) Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 103294.82 Crore) operating in Gas & Petroleum sector.

GAIL (India) Ltd. key Products/Revenue Segments include Gas Natural, Polymers, Sale of services, Propane, Compressed Natural Gas (CNG), Other Operating Revenue, Power, Oil Crude, Income From Telecom for the year ending 31-Mar-2023.



Financials
For the quarter ended 30-09-2023, the company reported a Consolidated Total Income of Rs 33191.03 Crore, up .76 % from last quarter Total Income of Rs 32940.64 Crore and down -14.72 % from last year same quarter Total Income of Rs 38921.38 Crore. Company reported net profit after tax of Rs 2052.37 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 51.91 per cent stake in the company as of 30-Sep-2023, while FIIs owned 14.76 per cent, DIIs 19.12 per cent.