State owned Gas authority of India (GAIL) share Price surges by 4% on Monday morning as foreign brokerage firm CLSA believes GAIL is likely to raise tariff by 15-20% by June 2025, Rating Upgraded from hold to outperform 

Here's What CLSA said on GAIL:

The start of the review process raises our confidence in a tariff hike for Gail soon, which sees us lift our FY26/27 EPS 9%/19% and takes up our target price from Rs175 to Rs210. With 12% upside and an attractive c.4% dividend yield, we upgrade our recommendation from Hold to Outperform.

Following this announcement share price of GAIL limited Surges by 4% on NSE and trading at ₹194.65 with Volume of 4,80,233 

GAIL stock has underperformed last year with negative return of 2% 

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