If you are looking for “ GAIL (India) share price targets” for upcoming years, you are in the right place. Before we dive into GAIL (India) Ltd. stock price targets, Let’s understand the GAIL (India) company background, technical fundamentals etc.
About GAIL (India) Ltd.
GAIL (India) Limited is the largest natural gas company in India, with a presence in the exploration, production, transmission, and distribution of natural gas. The company was established in 1984 and is headquartered in New Delhi. GAIL has a pipeline network of over 10,000 km and is involved in a number of projects to increase the use of natural gas in India.
Fundamentals of GAIL (India) Ltd.
Let’s look at the fundamentals of GAIL (India), based on which we can get a clear understanding of the expertise in the Industrial Gases & Fuels sector.
- Current Market Cap: The current market cap of GAIL (India) as of 2/19/2023, is ₹ 62,956.58
- P/E Ratio: The current price-to-earning ratio of GAIL (India) is 8.53
- Sales Growth: Sales growth in last 1 year for GAIL (India) is 61.7 %
- Profit Growth: Profit growth is around 138.05 % in the last 1 year
GAIL (India) Ltd. Share Price Target Details
We have done a complete analysis of GAIL (India) and have come up with its share price targets for upcoming years.
GAIL (India)’s Current Share Price is ₹96
Note: These price targets of “GAIL (India)” are only for reference purposes. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition are not covered in this analysis.
| Year | GAIL (India) Share Price Targets (₹) |
|---|---|
2023 | 103 |
2024 | 128 |
2025 | 153 |
2026 | 178 |
2027 | 203 |
2028 | 228 |
2029 | 253 |
2030 | 278 |
GAIL (India) share price target 2023
After analysing the chart deeply by taking the monthly time frame analysis on the trading view chart of Paytm we found
The target share price of GAIL (India) for the year 2023 will be ₹103
GAIL (India) share price target 2024
The target share price of GAIL (India) for the year 2024 will be ₹128
GAIL (India) share price target 2025
The target share price of GAIL (India) for the year 2025 will be ₹153
GAIL (India) share price target 2026
The target price of GAIL (India) for the year 2026 will be ₹178
GAIL (India) share price target 2027 to 2030
The target share price of GAIL (India) for the years 2027, 2028, 2029, and 2030 will be ₹203, ₹228, ₹253, and ₹278 respectively.
Technical Analysis on GAIL (India) Ltd
Here’s a technical analysis of GAIL (India) Ltd’s stock:
Current Stock Price: ₹ 122
52-week High and Low:
- High: ₹ 130
- Low: ₹ 83.0
Bullish Targets:
- Initial Target: Based on the recent upward momentum and surpassing the 50-day moving average, the initial bullish target can be set at ₹ 130, which is the 52-week high.
- Intermediate Target: Considering the historical resistance levels and the stock’s ability to break past them, an intermediate target can be set at ₹ 135.
- Advanced Target: Using Fibonacci extension and other technical indicators, an advanced target can be set at ₹ 140.
Reason for Bullish Targets: The stock has shown a consistent upward trend, and with strong financial performance, as evidenced by the quarterly results, there’s potential for further upward movement.
Bearish Targets
- Initial Target: Based on the stock retracing from its highs, the initial bearish target can be set at ₹ 115.
- Intermediate Target: Considering potential support levels, an intermediate target can be set at ₹ 110.
- Advanced Target: Using technical indicators like RSI and MACD, an advanced target can be set at ₹ 105.
Reason for Bearish Targets: If the stock fails to maintain its momentum and breaks below key support levels, it could see a downward trend. Additionally, external factors and market sentiment can also play a role in a potential downtrend.
Here are the graphical representations based on the provided data:
Quarterly Revenue Results for GAIL
The bar chart showcases the quarterly revenue results for GAIL from Jun 2020 to Jun 2023. We can observe a general upward trend in the revenue, with some fluctuations in the recent quarters.
52-week Low, High, and Current Price for GAIL
The line chart illustrates the 52-week low, high, and the current price of GAIL stock. The stock has seen a significant rise from its 52-week low and is currently trading closer to its 52-week high.
Table Representing Financial Metrics:
| Metric | Value |
|---|---|
| Sales | ₹ 3,78,970 |
| Sales Growth (3Yrs) | 10.72% |
| Profit | ₹ 6,132 |
| Net Profit Margin | 1.62% |
| Dividend Yield | 3.29% |
| ROCE | 9.76% |
| ROE | 8.69% |
These metrics provide a snapshot of the company’s financial health and performance. The positive sales growth, coupled with a decent ROCE and ROE, indicates that the company is efficiently utilizing its capital and equity to generate profits.
In conclusion, GAIL (India) Ltd has demonstrated a strong financial performance with a consistent growth trajectory. The stock’s upward trend, combined with its robust financial metrics, suggests potential for further appreciation. However, as with any investment, it’s crucial to conduct thorough research and consider market dynamics, global factors, and company-specific news before making a decision.
Conclusion
GAIL (India) Ltd has shown a robust financial performance with consistent growth in sales and net profit over the years. The stock has a strong dividend yield of 3.29%, indicating good returns for shareholders. The company’s ROCE and ROE stand at 9.76% and 8.69%, respectively. While the stock has potential based on its financials, it’s essential to consider market conditions, global factors, and company-specific news before making an investment decision.
Given the company’s strong financial performance and the upward trend in the stock price, it seems like a promising investment. However, potential investors should conduct their research and consider their risk tolerance.
