ICICI Securities has buy call on (India) with a target price of Rs 164. The current market price of GAIL (India) Ltd. is Rs 156.95.
GAIL (India) Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 70113.68 Crore) operating in Gas & Petroleum sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 15882.82 Crore, up 12.71 % from last quarter Total Income of Rs 14091.23 Crore and down -12.15 % from last year same quarter Total Income of Rs 18078.73 Crore. Company reported net profit after tax of Rs 1416.65 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 51.8 per cent stake in the company as of Dec 30, 2020, while FIIs held 16.2 per cent, DIIs 28 per cent and public and others 4 per cent.
