BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
GAIL India Ltd. reported an Ebitda in line with our estimate, as better performance in gas trading and liquefied petroleum gas and liquid hydrocarbon business offsets lower profitability in the petchem segment (impacted due to the planned shutdown in Q1 FY22).
The management guided that the petchem plant is currently operating at over 100% utilisation and will achieve 100% utilisation in FY22, despite the lower utilisation rate in Q1.
In the current high spot liquefied natural gas price environment (Japan-Korea Marker forward curve at $15-16/ metric million British thermal unit, up from $10/mmbtu in Q1 FY22), GAIL expects the trading segment to do even better in Q2.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
