Analyst Reco.

26/05 Nomura Adjusts Gail (India)'s Price Target to INR195 From INR185, Keeps at Buy MT
25/05 Kotak Securities Upgrades Gail (India) to Add from Sell, Price Target is INR175 MT
25/05 HDFC Securities Downgrades Gail (India) to Add from Buy, Price Target is INR174 MT
25/05 Jefferies Adjusts Gail (India)'s Price Target to INR180 from INR185, Keeps at Buy MT
26/03 Nomura Adjusts Gail (India)'s Price Target to INR185 From INR209, Keeps at Buy MT
23/03 Morgan Stanley Downgrades GAIL (India) to Equalweight from Overweight, Price Target is INR150 MT
03/02 Jefferies Adjusts Gail (India)'s Price Target to INR220 from INR225, Keeps at Buy MT
03/02 Nomura Adjusts Gail (India)'s Price Target to INR209 from INR214, Keeps at Buy MT
01/12 Nomura Adjusts Gail (India)'s Price Target to INR214 From INR223, Keeps at Buy MT
28/11 Jefferies Adjusts Gail (India)'s Price Target to INR230 From INR210, Keeps at Buy MT
03/11 Nomura Adjusts Gail (India)'s Price Target to INR223 From INR225, Keeps at Buy MT
03/11 Jefferies Adjusts Gail (India)'s Price Target to INR210 From INR205, Keeps at Buy MT
11/25/11 Nomura Adjusts Gail (India)'s Price Target to INR225 From INR235, Keeps at Buy MT
27/25/27 Jefferies Adjusts Gail (India)'s Price Target to INR210 From INR218, Keeps at Buy MT
15/25/15 Jefferies Adjusts Gail (India)'s Price Target to INR218 From INR210, Keeps at Buy MT
31/25/31 Jefferies Adjusts GAIL (India)'s Price Target to INR210 From INR235, Keeps at Buy MT
04/24/04 Jefferies Adjusts GAIL (India)'s Price Target to INR235 From INR240, Keeps at Buy MT
07/24/07 Nomura Adjusts GAIL (India)'s Price Target to INR267 From INR278, Keeps at Buy MT
06/24/06 Jefferies Upgrades GAIL (India) to Buy From Underperform, Adjusts Price Target to INR240 From INR190 MT
02/24/02 Nomura Upgrades GAIL (India) to Buy From Neutral, Adjusts Price Target to INR278 From INR200 MT
01/24/01 Jefferies Adjusts GAIL (India)'s Price Target to INR190 From INR167, Keeps at Underperform MT
20/24/20 Jefferies Adjusts Gail (India)'s Price Target to INR167 From INR150, Keeps at Underperform MT
30/24/30 Nomura Adjusts GAIL (India)'s Price Target to INR185 From INR133, Keeps at Neutral MT
30/24/30 Jefferies Adjusts GAIL (India)'s Price Target to INR150 From INR143, Keeps at Underperform MT
01/23/01 Jefferies Adjusts Gail (India)'s Price Target to INR137 From INR136, Keeps at Buy MT
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