Motilal Oswal has buy call on GAIL (India) with a target price of Rs 155. The current market price of GAIL (India) Ltd. is Rs 118.8.
GAIL (India) Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 53490.28 Crore) operating in Gas & Petroleum sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 13796.29 Crore, up 13.32 % from last quarter Sales of Rs 12174.15 Crore and down -24.34 % from last year same quarter Sales of Rs 18235.45 Crore. Company reported net profit after tax of Rs 776.65 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 37.6 per cent stake in the company as of Sept 30, 2020, while FIIs and DIIs held 15.6 per cent and 30.9 per cent and public and others 15.9 per cent.
