Rising oil prices, delayed privatisation, under recoveries and threat from EV’s. News around the energy sector, specifically the oil-marketing companies like IOC, is mostly negative. Now look at the other side. Dividend yield of 11 percent and a track record of paying uninterrupted dividend for decades. Further, valuations – both on absolute and relative basis – are at lows from where they have reverted back many times in the past.
GAIL India shares tumble 5% despite Q1 net profit doubling to Rs 4,665 crore. Buy, sell or hold?
GAIL India shares fell 5% despite the Maharatna PSU reporting a near doubling of Q1 FY27 consolidated net profit to Rs 4,665 crore. While JM
August 3, 2026