As part of our Wealth Creator Series , today we look at GAIL. This is one of the 39 stocks that were short-listed that passed through our stringent stock screen filters.
The company plans to almost double its transmission capacity in the next two years for a capex of Rs 30,000 crore. The substantial capex slated ahead for transmission pipelines could see maximum capitalisation on incremental gas production domestically. Concern: Stagnant production at the KG basin and higher LNG prices. A cap on the gas marketing margins could prove risky for the company.
To read about how we arrived at the list click here. To read about stocks from the Wealth Creator List, click here.
