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GAIL enters "uncertain" phase
Nov 16:
GAIL performance is in that peculiar "uncertain" phase at this juncture.
8The overall call on the GAIL stock is negative. Sell orders are out.
8The GAIL brass claims that US LNG volumes for 2018 (supplies commence from February, 2018) have been all taken care of, but the long-term take or pay nature of such contracts continues to be a worry.
8A hit of USD1/mmBtu wipes out a quarter of the FY19E EBITDA.
8Then again, even as petrochemical volumes are up, they are hit by severe competition.
Click on Reports for more
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8The overall call on the GAIL stock is negative. Sell orders are out.
8The GAIL brass claims that US LNG volumes for 2018 (supplies commence from February, 2018) have been all taken care of, but the long-term take or pay nature of such contracts continues to be a worry.
8A hit of USD1/mmBtu wipes out a quarter of the FY19E EBITDA.
8Then again, even as petrochemical volumes are up, they are hit by severe competition.
Click on Reports for more
