| Year | Share Price Target (₹) |
|---|---|
| 2023 | 260-280 |
| 2024 | 280-300 |
| 2025 | 300-320 |
| 2026 | 320-340 |
| 2030 | 400-425 |
GAIL (India) Limited is an Indian state-owned natural gas company that transports, distributes, and markets natural gas. The company was founded in 1984 and is headquartered in New Delhi, India. GAIL is one of the largest natural gas companies in India and has a significant presence in the global market.
Gail Share Price Target for 2023
The share price target for GAIL for 2023 is between ₹260 and ₹280. This is based on the company’s expected strong financial performance in the next year. The company is expected to report a profit of ₹5000 crore in FY23 and ₹5500 crore in FY24. The company is also expected to grow its revenue by 20% in FY23.
Gail Share Price Target for 2024
The share price target for GAIL for 2024 is between ₹280 and ₹300. This is based on the company’s expected strong growth in the next two years. The company is expected to report a profit of ₹6000 crore in FY24 and ₹6500 crore in FY25. The company is also expected to grow its revenue by 30% in FY24.
Gail Share Price Target for 2025
The share price target for GAIL for 2025 is between ₹300 and ₹320. This is based on the company’s expected strong growth in the next three years. The company is expected to report a profit of ₹7000 crore in FY25 and ₹7500 crore in FY26. The company is also expected to grow its revenue by 40% in FY25.
Gail Share Price Target for 2026
The share price target for GAIL for 2026 is between ₹320 and ₹340. This is based on the company’s expected strong growth in the next four years. The company is expected to report a profit of ₹8000 crore in FY26 and ₹8500 crore in FY27. The company is also expected to grow its revenue by 50% in FY26.
Gail Share Price Target for 2030
The share price target for GAIL for 2030 is between ₹400 and ₹425. This is based on the company’s expected strong growth in the next six years. The company is expected to report a profit of ₹10000 crore in FY30 and ₹10500 crore in FY31. The company is also expected to grow its revenue by 60% in FY30.
It is important to note that these are just share price targets and the actual share price may vary. However, the factors mentioned above are likely to have a positive impact on the share price of GAIL in the coming years.
Factors Affecting the Share Price of GAIL
The share price of GAIL is affected by a number of factors, including:
* The company’s financial performance
* The growth of the natural gas industry in India
* The competitive landscape in the natural gas industry
* The government’s policies on the natural gas industry
* The economic conditions in India and the world