Thursday, November 17, 2011

GAIL

GAIL -
This is the stock which we believe could be a huge one going forward. Why?
- As gas market grows in India, GAIL will be a big beneficiary.
- As output from KG Basin + ONGC basin etc increases, it will help GAIL
- GAIL will be working on TAPI pipeline and that will also benefit GAIL [http://www.financialexpress.com/news/gail-to-lay-tapi-pipeline/302677/1]
- Investments in Shale Gas [http://www.business-standard.com/india/news/gail-to-invest-1-bn-in-shale-gas-/454382/]
- CBM fields to generate more hydro carbon [http://www.business-standard.com/india/news/gail-arrow-consortium-spuds-first-core-well-in-cbm-block/322823/]
- Cash rich company
- Eyeing stake in Petronet LNG [http://www.firstpost.com/investing/gail-keen-on-buying-adb-stake-in-petronet-lng-for-about-rs-614-cr-97954.html]
- Eyeing stake in Gujarat Gas [http://articles.economictimes.indiatimes.com/2011-11-15/news/30401623_1_bg-stake-mahanagar-gas-city-gas-distribution-business]

What do you think?