Buy GAIL With Target Of Rs 487

Buy GAIL With Target Of Rs 487Stock market analyst Salil Sharma is of the view that investors can buy G A I L (India) Limited stock with short term target of Rs 487.

According to analyst, the traders can buy the stock with stop loss of Rs 465.

Today, the shares of the bank opened at Rs 465.20 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 561.85 and a low of Rs 280 on BSE.

Current EPS & P/E ratio stood at 24.75 and 19.07 respectively.

GAIL (India) Limited is the country's flagship Natural Gas company, integrating all facets of the Natural Gas value chain and its associated services.

GAIL is also increasing its business to become a player in the global market.

The company is listed by Forbes as one of the world's 2,000 biggest public companies in the year 2007.

GAIL is the country's principal gas transmission and marketing company. It was set up by the Indian government in August 1984 to build gas sector infrastructure.

GAIL started its city gas distribution in New Delhi in the year 1997 by establishing 9 compressed natural gas (CNG) stations.