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Quality gas distribution stock for accumulation

Posted By On 12:10 AM Under

 1. I am bullish on the prospects of Indraprastha gas Ltd as it has to enjoy better valuation than Anil Ambani company from the stable competing in the same segment. However market realises potetial of gems a bit late and is guided by euphoria and thus Anil Ambani company in same segment enjoys better valuation.

2. Indraprastha gas Ltd  has a target price of Rs 150 and all those holding can add more to their portfolio as it is a safe investment which can give a comfortable 30% returns in an year which is quite good considering the gloom in the world economy.

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