SUMMARY
CITI maintains 'buy' rating on GAIL with a target of Rs 125 per share while Morgan Stanley maintains 'overweight' rating on HAL with a target of Rs 3,216 per share.

GAIL | JPMorgan maintains 'neutral' rating on GAIL with a target of Rs 115 per share. The brokerage says LPG profitability will be impacted by sharp fall in international prices.

GAIL | CITI maintains 'buy' rating on GAIL with a target of Rs 125 per share. The brokerage says management presented a positive outlook across businesses.
