GAIL (India): On the Road with Chairman and Managing Director

研报英文原文证据摘录

GAIL (India): On the Road with Chairman and Managing Director

Idea

May 27, 2026 02:00 AM GMT

Morgan Stanley Asia (Singapore) Pte.+MGAIL (India) | Asia Pacific Mayank Maheshwari

Equity Analyst

On the Road with Chairman and Mayank.Maheshwari@morganstanley.comMorgan Stanley India Company Private Limited+ +65 6834-6719

Pranitha Shetty

Research AssociateManaging Director Pranitha.Shetty@morganstanley.com +91 22 6118-3022

Hinal Choudhary

We hosted the Chairman and Managing Director of GAIL for an Research Associate

investor roadshow this week. India’s natural gas adoption Hinal.Choudhary@morganstanley.com +91 22 6118-2044

journey was in focus against a backdrop where energy security is Morgan Stanley Asia (Singapore) Pte.+ Vivek Rajamani

top of policy-makers' minds and becoming more inextricably tied Equity Analyst

Vivek.Rajamani@morganstanley.com +65 6834-6740

up with AI globally. Ryan M Heng

Research Associate

Energy security push by policy-makers: The government's push on energy Ryan.Heng@morganstanley.com +65 6834-6465

infrastructure to secure supply to the last mile has risen. GAIL is seeing an

GAIL (India) (GAIL.NS, GAIL IS)

unprecedented push to complete gas pipelines both from states and the central

India Oil & Gas | India

government. India's city gas infrastructure push has significantly increased with

Stock Rating Equal-weight

blanket permissions given by government on laying pipelines for the last mile. LNG Industry View In-Line

has diversified in terms of sourcing to countries such as Canada, Africa, and Oman. Price target Rs150.00

Up/downside to price target (%) (11)

GAIL is also seeing a large push on exploration and production, helping it secure its Shr price, close (May 26, 2026) Rs167.63

ethane feedstock for petrochemicals.