*GAIL (India) Ltd.*
Inverse Head & Shoulder Pattern: Monthly Basis
(Further Price/Vol. BreakOut/ Consolidation Needed
*Near Multi Year Trendline BreakOut* If broken, huge Upside Possible!!
*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*
*Fundamentally Strong Company*
GoI Undertaking, Processes / Distributes Natural gas / Liquefied petroleum. Operates natural gas pipeline network of 13700 km (FY21).
Gas transmission vol. / Gas Trading expected to report steady growth, going ahead favourable spot LNG price trend
Improving Qtrly/Yrly Sales & Profitability (Mar'21 an Aberration).
Low Leverage. Strong TNW. Improving Ops. Cash Flow / WC Cycle
FII stake increasing since Dec'20
Dividend Paying Co.
*Concern:*
Decline in RoA/RoE/ROCE in FY21 Vs. FY21. Need Improvement.
Rs.7500 crore capex in FY22E/FY23E (Coversion in topline to be seen).
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)
Inverse Head & Shoulder Pattern: Monthly Basis
(Further Price/Vol. BreakOut/ Consolidation Needed
*Near Multi Year Trendline BreakOut* If broken, huge Upside Possible!!
*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*
*Fundamentally Strong Company*
GoI Undertaking, Processes / Distributes Natural gas / Liquefied petroleum. Operates natural gas pipeline network of 13700 km (FY21).
Gas transmission vol. / Gas Trading expected to report steady growth, going ahead favourable spot LNG price trend
Improving Qtrly/Yrly Sales & Profitability (Mar'21 an Aberration).
Low Leverage. Strong TNW. Improving Ops. Cash Flow / WC Cycle
FII stake increasing since Dec'20
Dividend Paying Co.
*Concern:*
Decline in RoA/RoE/ROCE in FY21 Vs. FY21. Need Improvement.
Rs.7500 crore capex in FY22E/FY23E (Coversion in topline to be seen).
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.