This PSU jumps 65% in 3 months, JP Morgan raises target to Rs 175; is it right time to enter the stock?
GAIL share price target: According to JPMorgan, the recent collapse in US Henry Hub prices combined with stable oil prices will drive GAIL’s trading margins up quarter-on-quarter (QoQ), while consensus projects a quarterly decline.
GAIL share price target: The global brokerage has maintained a 'neutral' rating on the Maharatna company stock. Image: Reuters/ Representational image