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GAIL India - Nirmal Bang Retain's Accumulate As Growth Priced In

Return ratios from gas transmission business are likely to improve in long term towards the normal post-tax return of 12%, which the regulator has built into the approved tariff for GAIL’s pipelines.

<div class="paragraphs"><p>GAIL India's Hazira flow meter calibration facility (Source: Company website)</p></div>
GAIL India's Hazira flow meter calibration facility (Source: Company website)
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