Equity Tips | Buy GAIL | TradeIndia Research
Equity Tips BUY GAIL 490 CALL
Upcoming LNG facilities in USA and Australia will completely distort the global gas market equilibrium. We believe that gas prices will remain muted for a long period of time.
FY17 is proving to be a complete turnaround year for GAIL. There will be a boost in profitability across all segments led by (1) higher margins in petchem and LPG. Strong crude prices will lead to firm realisations for petchem and LPG.