UBS raises Gail India price target to 215 rupees from 205 rupees

UBS raises Gail India's price target to 215 rupees from 205 rupees and reiterates "buy" rating, citing stronger-than-expected gas trading margins and resilient domestic gas demand. The brokerage expects transmission volumes to remain supported by healthy LNG arrivals and forecasts higher transmission EBITDA contributions in FY27-FY28.