Is GAIL a good stock to buy?

Is GAIL a good stock to buy?

The BUY recommendation on GAIL with a target price of INR 180 is based on expansion in gas transmission volume over FY22-24E to 126mmscmd on the back of (1) increase in domestic gas production, (2) increase in demand of RLNG, and (3) completion of major pipelines in eastern and southern India.

What is the future of GAIL share?

NSE Stock GAIL – Share GAIL (India) Limited trades in NSE under Utilities:Non-Elec.
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Munafa value: 50 as on 19 Mon Sep 2022.

How much is GAIL dividend?

For the year ending March 2022 GAIL India has declared an equity dividend of 100.00% amounting to Rs 10 per share. At the current share price of Rs 91.10 this results in a dividend yield of 10.98%. The company has a good dividend track report and has consistently declared dividends for the last 5 years.

Is GAIL undervalued?

GAIL is one of the potential top 15% undervalued companies !

Will GAIL give bonus shares?

Investors to receive 1:2 bonus shares. Under the bonus issue of 1:2, Gail will give one new bonus share to two existing equity shares. Gail’s shares turned ex-bonus on Tuesday ahead of the record date which is set on September 7, 2022.

Will GAIL share price go up?

Yes. The GAIL stock price can go up from 91.700 INR to 110.741 INR in one year.

Will Gail give bonus shares?

Is Gail declared bonus?

GAIL (India) Limited, India’s largest natural gas company holding Maharatna status by the government of India, has announced bonus share issuance on 27 July 2022. The corporation will issue bonus shares at a 1:2 ratio.

Why is GAIL falling?

GAIL’s petrochemicals sales volumes fell by 50 per cent QoQ due to plant maintenance shutdown. The segment Ebitda was at Rs 170 crore, down 66 per cent QoQ, with petrochemical spreads dropping due to lower volumes and higher cost.

Is GAIL a debt free company?

What Is GAIL (India)’s Net Debt? As you can see below, at the end of March 2022, GAIL (India) had ₹78.3b of debt, up from ₹72.1b a year ago. Click the image for more detail. However, because it has a cash reserve of ₹28.0b, its net debt is less, at about ₹50.3b.

When GAIL split shares will be credited?

The large-cap stock Gail is listed under the ‘A’ group category on BSE with a ‘T+2’ settlement cycle. The ‘T+2’ option, simply means that the shares you bought will get credited to your Demat account after two days.

What is the record date for Gail bonus share?

7th September, 2022

The company has fixed Wednesday, 7th September, 2022 as the Record Date for the purpose of ascertaining the eligibility of shareholders for issuance of bonus shares.

Who will get GAIL bonus shares?

Bonus shares are fully paid additional shares issued by a company to its existing shareholders. India’s largest natural gas company, GAIL announced a 1:2 bonus issue in July, after its quarterly results. This implies that the shareholders will receive one bonus share for every two shares they hold.

What is the record date for GAIL bonus share?

What is the target price for GAIL share?

Promoters held 51.89 per cent stake in the company as of 30-Jun-2022, while FIIs owned 19.92 per cent, DIIs 15.29 per cent.

Is Tata Power debt Free?

What Is Tata Power’s Debt? As you can see below, at the end of March 2022, Tata Power had ₹481.7b of debt, up from ₹431.7b a year ago. Click the image for more detail. However, it also had ₹70.3b in cash, and so its net debt is ₹411.4b.

Is Tata Motors debt free?

Tata Motors has been promising its investors a net-zero automotive debt by fiscal year 2024 for quite some time. Tata Sons chairman N Chandrasekaran also said that at the company’s AGM last year. And in its latest earnings announcement, the company management reiterated that target.

Is GAIL going to give bonus shares?

“We wish to inform that at its Board meeting held today i.e. 27th July, 2022, the Board recommended the issuance of Bonus Shares in the ratio of 1:2 i.e. One new bonus equity share(s) of ₹10/- each for every two existing equity share(s) of Rs.

What is 1 2 bonus share?

It is worth mentioning that board of directors of the company approved and declared bonus shares in 1:2 ratio that implies that shareholders will be issued one bonus shares for every two shares held. The current market price of the stock is Rs 67 apiece and the company has a market capitalization of Rs 153 crore.

What is the record date of Gail bonus share?

When Gail share will be credited?

On BSE, the large-cap stock Gail is listed under the ‘A’ group with the ‘T+2’ settlement cycle. Under the ‘T+2’ settlement option, the shares you bought will get credited to your Demat account after two days.

Is GAIL giving bonus shares?

Which is better Adani or Tata Power?

Adani Power and Tata Power are the two biggest power stocks in Indian markets. Adani Power, however, has been a better performer than its counterpart Tata Power in the last 1 year. In this time, Adani Power has surged nearly 5 times or as much as 385 percent while the latter has risen 81 percent.

Is Tata Power better than Adani Power?

Adani Power has a higher revenue growth as compared to Tata Power, indicating better operational efficiency. It has long-term power purchase agreements with its customers, hence it wasn’t impacted much during the economic slowdown.

Which company has highest debt in India?

High Debt Companies