Credit rating agency, ICRA has assigned the fundamental grade ‘5’ and the valuation grade ‘B’ to GAIL (India). The fundamental grade ‘5’ assigned to the company implies that the company has Very Strong Fundamentals, while the valuation grade of ‘B’ assigned to the company implies that the company is Moderately Undervalued on a relative basis.
GAIL is India's flagship natural gas company integrating all aspects of the natural gas value chain including exploration and production, processing, transmission, distribution and marketing and related services.
