GAIL Shares Have Multiple Worries Ahead, Kotak Warns Projecting 14% Downside
India’s largest natural gas company, GAIL (India) Ltd, is facing a challenging outlook as Kotak Institutional Equities has issued a warning of a potential 14% downside in its share price. The brokerage firm highlighted multiple concerns ranging from declining margins, regulatory uncertainties, and global energy market volatility, which could weigh heavily on the company’s near-term…