GAIL looks good

GAIL has capex plans of Rs 30,000 crore over the next 5 years, says Dr UD Choubey, CMD of the company. GAIL has entered into an MoU with RIL and ONGC for gas transfer. The company expects a turnover of Rs 5000 crore from Panna, Mukta and Tapti fiels, The stock is performing well and looking good to ahead.