GAIL Stocks: GAIL (Buy India); Target price Rs 100: ICICI Direct | Techno Glob


ICICI Direct buy call on GAIL (India) with a target price of Rs.100. (India) Ltd. The current price of is Rs 91.55.

GAIL (India) Ltd. is a Large Cap company incorporated in 1984 (with a market cap of Rs 60162.16 crores in gas & oil & petroleum sector).

GAIL (INDIA) LIMITED. Major product/revenue segments include natural gas; polymers; selling services; Propane other operating income; compressed natural gas (CNG); power crude oil Includes the year ending 31-Mar-2022.

Finance

For the quarter ended 30-06-2022, the company posted a total revenue of Rs.37987.96 crore; The total revenue for the last quarter was Rs 27657.93 crore, up 114.80 % from the total revenue of Rs 2768 crore in the same quarter last year. The company reported a net profit after tax of Rs 2,923.37 crore in the last quarter.


Promoter/FII Holdings
Promoters hold 51.89 per cent stake in the company as of June 30-2022, while FIIs hold 19.92 per cent; DIIs own 15.29 percent.

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