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Gail India: Sustained outperformance; company targets to boost domestic gas consumption by FY25Gail India: Sustained outperformance; company targets to boost domestic gas consumption by FY25

The OUTLOOK for GAIL India (GAIL) continues to strengthen, setting the stage for a sustained period of outperformance over the next 2-3 years. Several factors contribute to this. Growing domestic gas supplies, LNG liquefaction capacity and expectations of moderate pricing of the same, normalisation of LPG prices and some improvement in petrochem segment imply earnings […]