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Invest in GAIL with Long Term View

The recommendation of investment is considered with long term view instead of short to medium term. Currently GAIL is going through rough patch in the business segment where the gas transmission segment to domestic production is down. On top of that they are also struggling on the royalty section when it comes to states where they are producing gas. On the positive side, they renegotiated long term liquefied gas contract with Qatar and planning to do with others too.
GAIL also sold some of their assets in US to Shell. Currently, they are in the capex investment mode be it pipeline to gas carrying vessels. The moment global economy recover, GAIL realization will go up and it will improve their profitability. Currently, they are relieved due to non recovery of subsidy by Government.

Company is also a target of government wherever they want to raise fund. Clever investor with spare fund may consider investing in GAIL with minimum 2 to 3 years. For the last one year share price is moving in the range of 280 to 410 INR. One may also use selloff to accumulate and sell it when market rally

Disclaimer - Consult your Financial advisor before investing
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About Devendra Prasad

20 years plus industry veteran of domestic and international ICT domain with the expertise in Business, Technology, Strategy and Analysis. Specializes in forecasting impact analysis, trends and recommendations for Investments, Technology and Regulations.
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