{"id":405123,"date":"2021-03-16T11:16:31","date_gmt":"2021-03-16T05:46:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=405123"},"modified":"2021-03-16T11:16:31","modified_gmt":"2021-03-16T05:46:31","slug":"gails-earnings-prospects-improve-further-on-rising-oil-and-gas-prices","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gails-earnings-prospects-improve-further-on-rising-oil-and-gas-prices\/","title":{"rendered":"Gail&#8217;s earnings prospects improve further on rising oil and gas prices"},"content":{"rendered":"<p>As natural gas demand remains strong , Gail Ltd&#8217;s prospects continue to improve further. The stock has not only risen almost 69% since the start of November, it is also trading near its 52-week highs seen last week. The valuations are attractive and fundamentals are improving, say analysts.<\/p>\n<p>The sharp rally in oil price recently has improved earnings outlook for Gail\u2019s downstream segments \u2013 petchem and LPG-liquid hydrocarbons, said Abhijeet Bora, research analyst at Sharekhan. Key gas transmission and distribution segments have continued to see sharp recovery post lockdown with a strong rebound in gas demand. Higher gas prices are expected to drive the company\u2019s gas trading revenues significantly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As natural gas demand remains strong , Gail Ltd&#8217;s prospects continue to improve further. The stock has not only risen almost 69% since the start of November, it is also trading near its 52-week highs seen last week. The valuations are attractive and fundamentals are improving, say analysts. The sharp rally in oil price recently has improved earnings outlook for Gail\u2019s downstream segments \u2013 petchem and LPG-liquid hydrocarbons, said Abhijeet Bora, research analyst at Sharekhan. Key gas transmission and distribution segments have continued to see sharp recovery post lockdown with a strong rebound in gas demand. Higher gas prices are [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-405123","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=405123"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405123\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=405123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=405123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=405123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}