Gujarat Gas Limited (NSE: GUJGASLTD)

India flag India · Delayed Price · Currency is INR
505.85
+7.15 (1.43%)
Dec 24, 2024, 3:29 PM IST
13.08%
Market Cap 348.22B
Revenue (ttm) 162.95B
Net Income (ttm) 12.71B
Shares Out 688.39M
EPS (ttm) 18.46
PE Ratio 27.40
Forward PE 24.23
Dividend 5.66 (1.13%)
Ex-Dividend Date Sep 9, 2024
Volume 413,869
Open 498.70
Previous Close 498.70
Day's Range 498.00 - 511.95
52-Week Range 442.50 - 689.95
Beta 0.41
Analysts n/a
Price Target n/a
Earnings Date Feb 5, 2025

About Gujarat Gas

Gujarat Gas Limited engages in the distribution of natural gas in India. It operates a network of approximately 41,700 kilometers of natural gas pipeline and 820 compressed natural gas (CNG) stations. The company supplies piped natural gas to approximately 21.90 lakh households, approximately 15,470 commercial customers; and approximately 4,410 industrial customers, as well as operates 820 CNG stations. It operates in the states of Gujarat, Maharashtra, Punjab, Madhya Pradesh, Rajasthan, and Haryana; and 1 union territory of Dadra and Nagar Hav... [Read more]

Sector Utilities
Founded 2012
Employees 942
Stock Exchange National Stock Exchange of India
Ticker Symbol GUJGASLTD
Full Company Profile

Financial Performance

In 2023, Gujarat Gas's revenue was 156.90 billion, a decrease of -6.38% compared to the previous year's 167.59 billion. Earnings were 11.44 billion, a decrease of -25.17%.

Financial Statements

News

Gujarat Gas shares jump 3% after Morgan Stanley reiterates Overweight call on the stock

Gujarat Gas shares saw a 3% rise after Morgan Stanley (MS) reaffirmed its ‘Overweight’ rating with a target price of ₹614. The update follows the company’s recent decision to increase CNG prices by ₹1...

21 days ago - Business Upturn

Morgan Stanley prefers GAIL and Reliance over Gujarat Gas

Morgan Stanley (MS) has reiterated its 'Overweight' rating on Gujarat Gas (GGAS) with a target price of ₹614, following the company's decision to increase CNG prices by ₹1.5/kg, marking a 2% price hik...

22 days ago - Business Upturn

CNG price hike from midnight

Gujarat Gas has announced a CNG price increase of Rs 1.5 in Surat, effective December 1, affecting over four lakh vehicle users in South Gujarat. Learn how this impacts auto-rickshaw and school van fa...

24 days ago - The Times of India

Gujarat Gas shares fall over 6% as APM gas allocation cuts hit CGD companies

Shares of Gujarat Gas Limited (GGL) dropped 6.17% to ₹456.00 as of 11:31 am on Monday, extending the sell-off among city gas distribution (CGD) stocks. The fall comes in reaction to the government’s d...

5 weeks ago - Business Upturn

Midday Stock Market Update: Wipro down nearly 4%, TCS down 3%, Gujarat Gas down 6% – Check Top Losers

Here’s a rundown of today’s top losing stocks across the large-cap and mid-cap categories: Mid-Cap Top Losers Gujarat Gas: Down 6.00%, trading at ₹456.80. The stock continues to feel pressure due to a...

5 weeks ago - Business Upturn

Nomura maintains reduce on Gujarat Gas, targets Rs 470, implying 13% downside

Nomura has maintained its “Reduce” rating on Gujarat Gas with a target price of ₹470, suggesting a potential downside of 13% from the current market price (CMP) of ₹540.55. The brokerage highlighted t...

6 weeks ago - Business Upturn

Gujarat Gas shares surge 3% following strong Q2 FY25 results

Gujarat Gas shares rose over 3% in morning trade after the company posted robust Q2 FY25 earnings, driven by a 12% year-on-year growth in CNG volumes. The company achieved 2.93 million metric standard...

6 weeks ago - Business Upturn

Citi maintains sell on Gujarat Gas with target of Rs 530

Citi has reiterated its sell rating on Gujarat Gas, with a target price of ₹530, close to the current market price of ₹528.20. The company’s Q2 performance showed a strategic shift, prioritizing margi...

6 weeks ago - Business Upturn

Gujarat Gas Q2 FY25 results: Stock jumps 3% ahead of result announcement

Shares of Gujarat Gas witnessed a 3% jump today, fueled by investor optimism ahead of its Q2 financial results. Gujarat Gas shares opened at ₹516.10 today and quickly gained momentum, hitting an intra...

6 weeks ago - Business Upturn

Key Q2 FY24-25 results to watch today: Power Grid Corp, Tata Steel, Apollo Hospitals, Jindal Steel, Gujarat Gas, Chambal Fertilizers and more

Several notable companies are set to announce their Q2 FY24-25 results today, and investors will be keen to analyze the performance across different sectors. Here’s a list of key companies releasing t...

7 weeks ago - Business Upturn

Mid-Cap Top Losers: IGL, Colgate, Gujarat Gas and more

While the markets saw strong performances in several mid-cap stocks, some key players faced significant losses by 11:23 AM. Here’s a breakdown of the top mid-cap losers as the market continues to fluc...

2 months ago - Business Upturn

JPM on Gujarat Gas: ‘Underweight’ with Target of ₹475 amid restructuring concerns

JPMorgan has issued an “Underweight” rating on Gujarat Gas, with a target price of ₹475 per share. The stock rose approximately 12% on Monday following the restructuring announcement at the GSPC group...

4 months ago - Business Upturn

Stocks hit 52-week highs: Gujarat Gas, Concord Biotech, Hindustan Petroleum, Bajaj Finserv, Godrej Industries, Bikaji Foods and more

Several stocks have hit new 52-week highs during today’s trading session as of 12:20 PM. Here are the key stocks that have reached these milestones: Gujarat Gas Limited (GUJGASLTD) traded at ₹667.30, ...

4 months ago - Business Upturn

Gujarat Gas stock surges 9.99% to ₹667.60 amid Merger Announcement

Gujarat Gas Limited (GGL) is witnessing a significant surge in its stock price, currently trading at ₹667.60, up ₹60.65 (9.99%) as of 9:19 AM. This rise follows the company’s recent announcement regar...

4 months ago - Business Upturn

Gujarat Gas: Antique Stock Broking maintains ‘Buy’ rating post-merger, target increased to ₹726

Antique Stock Broking has maintained its “buy” rating on Gujarat Gas Ltd (GGL) and raised the target price to ₹726 from ₹690 earlier, citing the company’s merger with Gujarat State Petronet Limited (G...

4 months ago - Business Upturn

Top Stocks To Watch, September 2: Oil India, Gujarat Gas, GSPL, NBCC, SJVN, NHPC and more

A quick brief and lens on the top stocks to watch in trade in the stock market on Monday, September 2. Below list of stocks will be in focus in trade tomorrow.

4 months ago - Business Upturn

Stocks To Watch, September 2: Gujarat Gas and GSPL shares in focus post merger announcement

Shares of GSPL and Gujarat Gas will be in focus in trade on September 2, Monday after the company on Friday, August 30 announced the amalgamation scheme.

4 months ago - Business Upturn

Gujarat government approves restructuring of GSPC

Gujarat State Petroleum Corporation, Gujarat State Petronet, and Gujarat Gas have endorsed a restructuring plan, approved by the state government. This initiative aims to streamline operations, enhanc...

4 months ago - The Times of India