The stock has been a slow mover for a long time and it is linked to the crude prices. However, as the gas ratio in the fuel mix goes up in the next few years, GAIL is bound to benefit. COVID-19 could expedite a lot of changes and this could be one of them. You can look at the stock generating value over the next 2-3 years not immediately.
The stock has been a slow mover for a long time and it is linked to the crude prices. However, as the gas ratio in the fuel mix goes up in the next few years, GAIL is bound to benefit. COVID-19 could expedite a lot of changes and this could be one of them. You can look at the stock generating value over the next 2-3 years not immediately.