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'Buy' GAIL India Shares Maintains Motilal Oswal On Compelling Valuations — Check Target Price

Government initiatives to further rationalize natural gas taxation can be a significant long-term positive for GAIL India, adds the brokerage.

<div class="paragraphs"><p>On  November 27, 2025, the Petroleum and Natural Gas Regulatory Board issued a tariff order for GAIL’s integrated natural gas pipeline network. (Photo source: company website)</p></div>
On November 27, 2025, the Petroleum and Natural Gas Regulatory Board issued a tariff order for GAIL’s integrated natural gas pipeline network. (Photo source: company website)
GAIL’s valuations have corrected sharply from their Sep’24 highs, and the stock now trades close to its historical average at ~1.1x one-year forward core P/B, offering limited downside, considering an attractive dividend yield and a robust free-cash-flow outlook.
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