Buy GAIL; target of Rs 235: Motilal Oswal

Buy GAIL; target of Rs 235: Motilal Oswal
Buy GAIL; target of Rs 235: Motilal Oswal

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Motilal Oswal’s research report on GAIL
GAIL reported an EBITDA of INR36b in 4QFY24, 4% below our estimate, even as PAT came in 19% below our estimate. The miss was due to a weakerthan- expected performance in the trading segment, a one-off depreciationrelated charge of INR1.7b, and lower-than-expected other income….
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Source: https://www.moneycontrol.com/news/business/buy-gail-target-of-rs-235-motilal-oswal-12740664.html/amp