GAIL Share Price Falls Despite Profit Doubling: Why Analysts Still See Strong Upside, Check Target Price
Shares of state-owned energy giant GAIL (India) Ltd declined sharply in Monday's trading session despite reporting a strong set of Q1 FY27 results. Around 10:15 AM, the stock was trading at ₹172.61 on the NSE, down ₹8.83 or 4.87%.
The fall came even as the company nearly doubled its net profit for the April–June quarter and brokerage Motilal Oswal reiterated a 'Buy' rating with a target price of ₹206, indicating potential upside from current levels.
GAIL Q1 FY27 Res
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Fuel Demand Surges in July: Petrol and Diesel Sales Jump Amid Weak Monsoon, LPG Consumption Declines - Aug 03,2026
India's fuel consumption witnessed a mixed trend in July 2026, with petrol and diesel sales recording strong year-on-year growth, driven largely by a weak and delayed monsoon. According to preliminary industry data, state-owned oil marketing companies—Indian Oil Corporation (IOC), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL)—reported a sharp increase in fuel demand, while LPG consumption continued to decline as more commercial users shifted to Piped Natural Gas (PNG). Petrol Sales Rise Nearly 10% in July Petrol demand remained robust during July despite a slight dip compared to June. Petrol Sales Highlights Total Sales: 3.45 million tonnes Year-on-Year Growth: 9.7% Compared with July 2024: Up 15.1% Compared with July 2023: Up 36.1% Compared with June 2026: Down 1.1% The annual growth reflects su