Why Kotak is nervous about GAIL India, when others believe it's top pick in gas space - Moneycontrol

Kotak Securities has set the lowest target price of Rs 115 for the stock in the Street. It has recommend to sell the stock as it believes that the scrip may further decline another 13 percent from last closing price.

GAIL India has had an eventful 2022 so far. The stock zoomed to about four year highs of 173.50 in April when there was a lot of uncertainty about gas supplies in the international market, but since … [+2759 chars]

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