GAIL's valuation is overly pessimistic & ignores its solid business model

Discussion in 'Latest Brokerage Stock Buy-Sell Reports' started by Vidhi Khanna, Dec 20, 2022.

  1. Vidhi Khanna

    Vidhi Khanna Active Member Staff Member

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    GAIL's valuation of <7x FY24E EPS & just 5.3x EV/EBITDA is overly pessimistic & ignores its solid business model & strong long-term prospects. It is well below its 5-year valuation bands. BUY for TP of Rs127 (30% upside) which is also below peak valuation

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