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What Makes This Beaten-Down Gas Stock A Top Brokerage Pick
Shares of India’s largest gas distributor fared the worst in the oil and gas sector this year.
28 Nov 2019, 08:12 AM IST
The worst performing Indian gas stock so far this year is not only the most preferred, but it’s also expected to rise the most over the next 12 months as analysts anticipate steady growth in its earnings.That’s largely on the back of GAIL (India) Ltd.’s cheaper valuation, risk management of U.S. liquefied natural gas portfolio, strong core transmission business outlook and a turnaround in its petrochemical segment.India’s largest gas...
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