GAIL gets an upgrade from Kotak Institutional Equities. What should investors do?

Kotak said the company's decision to integrate all the 9 interconnected pipelines came as a surprise and that in combining the 9 networks, the lower volume divisor advantage gets offset by no additive tariff benefits

GAIL gets an upgrade from Kotak Institutional Equities. What should investors do?
Kotak said the company's decision to integrate all the 9 interconnected pipelines came as a surprise and that in combining the 9 networks, the lower volume divisor advantage gets offset by no additive tariff benefits