Buy GAIL (India), target price Rs 265: Motilal Oswal Financial Services

Motilal Oswal Financial Services has reiterated its buy call on GAIL (India) Ltd. with a target price of Rs 265, up from the current market price of Rs 206.95. The brokerage arrived at its revised target price by valuing the gas transmission, LPG transmission, gas trading, petrochemical, and LPG businesses.