GAIL - 4QFY2013 Result Preview - Angel Broking

GAIL is expected to announce its 4QFY2013 results today. We expect the company's top-line to grow by 15.1% yoy to Rs. 12,038cr on account of higher volumes and operating margin is expected to expand by 629bp yoy to 13.3%. On the bottom-line front, we expect GAIL to report an increase of 72.9% yoy to Rs. 835cr due to lower base.

We maintain our Neutral view on the stock.

Source : Equity Bulls

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