GENERAL27 Sept 2026
Gas PSU stock to buy: After 26% returns in 6 months, Emkay Global sees further 16% upside | Target, stop-loss, rationale | Stock Market News
Emkay Global has upgraded GAIL (India) to 'buy' from 'add', with a ₹200 target price, a 15.6% upside. GAIL is a government-owned gas company. The broker expects gas transmission volumes to grow and sees value in GAIL Gas's planned listing. If you hold or track this stock, treat this as one broker's view, not a guarantee.
Key Statutory Highlights
- Emkay Global upgraded GAIL (India) to 'buy' from 'add', with a target price of ₹200 and an upside of up to 15.6%.
- Emkay expects GAIL's gas transmission volumes to improve quarter on quarter and possibly beat the company's FY27 guidance of 123 mmscmd.
- GAIL Gas's IPO request for proposal has been released, and Emkay says a potential listing next year can lead to value unlocking of its CGD interest.
Actionable Advice for Taxpayers / Founders:If GAIL shares are in your portfolio, read the full Emkay note and your own risk plan before acting. One brokerage's upgrade is an opinion, not a promise, and share prices can fall as well as rise.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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