CMP : 475


GAIL India Limited processes and distributes natural gas and liquefied petroleum gas. The Company is a Government of India undertaking.

GAIL is a safe bet in the large cap segment. The only dependency is global OIL price. The financials are rock solid with very less liabilities. Revenue/PAT grows slowly but consistently. Buy with returns expectations of 20% a year and accumulate on dips. This is a safe bet in large cap space. Dont expect multi-bagger returns in a year.