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GAIL is an excellent long-term pick at Rs350
GAIL (India) is the largest natural gas transportation company in India with 6,700km of high-pressure pipeline and a capacity of carrying 148 million standard cubic metres a day (mmscmd) of natural gas. It has plans to expand the gas transmission capacity to 14,000km by FY12-13 which, in turn, will increase the transmission capacity by 150mmscmd....
