GAIL (INDIA)LTD

GAIL (INDIA) LTD

GAIL IS A GOOD COMPANY IN “OIL AND NATURAL GAS SECTOR “ IN NIFTY STOCKS

Now it is a time to start investing such type of contrarian stocks like GAIL

Positive points :
1.Main business of this company is Gas Transmission and Marketing
2.Almost 30 years old company
3.FACE VALUE : Rs. 10
4.IT IS FALLEN FROM Rs. 550 levels
5.stock is 50 % corrected from high level
6.It is a Government undertaking
7.Now available PE Ratio 13.17 is very reasonable valuation
8.Price to book value is almost 1.7 times
9.Last 20 years continuous dividend paying company

Negative Points :

1.Due to world oil and natural gas prices fallen GAIL net profit is also coming down

* If world oil and natural gas prices increase in future this stock may easily go up to Rs. 400 levels above

* It is very good stock for low risk and moderate risk apatite investors for medium to long term investment purpose..

ALL THE BEST

 

Sir, You sound like a true value investor

 

Thank You Very Much Sir,