BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
GAIL India Ltd. reported lower-than-estimated Q2 FY21 Ebitda, led by continued poor performance in gas trading for the second consecutive quarter.
However, other segments reported better numbers (with petrochememical being a surprise).
Gas transmission volumes stood at 106 million metric standard cubic meter per day (down 2% YoY) in Q2 FY21, although above FY20 average.
The company expects further increase in transmission and trading volumes in the coming quarters.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR