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New Delhi: PSU Stock Gail today announced that they would consider the problem of bonus shares at the council meeting next week.
“This is to inform that the meeting of the Board of Directors of the NSE -1.60 % (India) Limited Gail Board is scheduled on Wednesday, July 27, 2022 to, Antar -Sera, consider the issuance of bonus shares by the company,” Gail said entering BSE.
Gas utility stock, which has provided a return of 7.72 percent so far in 2022, ended 1.6 percent lower today at RS 141.55. Of the 28 analysts that include stock, none of those who have a ranking at Gail. The average target price of RS 185.6 shows the potential increase of 31.5 percent.
Gail, which has issued a bonus of 1: 1 in July 2019, comes with a dividend result of more than 6 percent.
