Gujarat Gas Limited (NSE:GUJGASLTD)
India
· Delayed Price · Currency is INR | Market Cap | 314.56B |
| Revenue (ttm) | 164.87B |
| Net Income (ttm) | 11.48B |
| Shares Out | 688.39M |
| EPS (ttm) | 16.68 |
| PE Ratio | 27.40 |
| Forward PE | 23.80 |
| Dividend | 5.82 (1.29%) |
| Ex-Dividend Date | Sep 9, 2024 |
| Volume | 22,270 |
| Average Volume | 349,428 |
| Open | 461.00 |
| Previous Close | 456.95 |
| Day's Range | 458.55 - 461.90 |
| 52-Week Range | 360.25 - 689.95 |
| Beta | 0.16 |
| RSI | 45.56 |
| Earnings Date | Aug 4, 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]
Financial Performance
In 2024, Gujarat Gas's revenue was 164.87 billion, an increase of 5.08% compared to the previous year's 156.90 billion. Earnings were 11.48 billion, an increase of 0.40%.
Financial StatementsNews
Nomura sees challenges for city gas distributors; prefers MGL, cautious on Gujarat Gas
Nomura has issued a mixed outlook for city gas distribution (CGD) players, highlighting near-term challenges from falling APM gas allocation and competitive pressures in the industrial segment. Accord...
Gujarat Gas shares fall 2% as crude prices spike amid Israel-Iran war escalation
Shares of Gujarat Gas Ltd declined 2.01% to ₹467.05 in Friday’s early session, down from a previous close of ₹476.65. The stock followed broader pressure on city gas distribution companies, as global ...
Gujarat Gas shares jump over 5% as Q4 net profit rises 29.6% QoQ to Rs 287 crore
Shares of Gujarat Gas Limited gained 5% following the announcement of its Q4 FY25 results. As of 9:37 AM, the shares were trading 5.23% higher at Rs 491.65. The company reported a 29.6% quarter-on-qua...
CLSA maintains ‘Underperform’ on Gujarat Gas despite Q4 profit beat; industrial volumes remain weak
CLSA has reiterated its ‘Underperform’ rating on Gujarat Gas with a target price of ₹385, even after the company delivered a strong Q4FY25 net profit that exceeded expectations. The beat was largely d...
Nomura retains ‘Reduce’ on Gujarat Gas after soft Q4 volumes drag EBITDA below estimates
Nomura has maintained its ‘Reduce’ rating on Gujarat Gas with a target price of ₹470, after the company’s Q4FY25 performance missed expectations due to weaker-than-anticipated volumes. Despite better ...
Q4 Results Today, May 19: Power Grid, DLF, Gujarat Gas, Petronet LNG among companies reporting earnings
The domestic equity markets, Sensex and Nifty 50, are expected to open lower on Monday, May 19, tracking weak global cues. On Friday, the Sensex fell by 200.15 points (0.24%) to close at 82,330.59, wh...
Top Q4 results next week: Bharat Electronics, Gujarat Gas, JK Cement, JSW Steel, CONCOR and more
The Indian stock market ended the previous week on a strong note, reflecting investor optimism amid ongoing earnings season. The Nifty 50 recorded a weekly gain of 1.73 percent, closing at 25,019 poin...
Stocks hitting 52-week low today, February 27: Birlasoft, Gujarat Gas, Tata Motors, NCC and more
The Indian stock market witnessed a marginal decline today, with both the Sensex and Nifty trading slightly lower. As of 12 PM, the Sensex dropped by 15.79 points (0.02%) to 74,586.33, while the Nifty...
Citi on CGDs: IGL, MGL to benefit from competition; Gujarat Gas faces higher risk
Citi has highlighted that the end of exclusivity for city gas distribution (CGD) companies should be seen as an opportunity rather than a threat. The brokerage believes that this shift will allow esta...
Stocks hitting 52-week low today, February 12: Gujarat Gas, Whirlpool, DLF, Birla Corporation and more
The Indian stock market experienced a highly volatile trading session on February 12, 2024, ending the day with marginal losses as investor sentiment remained cautious. The BSE Sensex declined by 122....
Gujarat Gas shares fall 3% as Q3 net profit remains flat
Gujarat Gas shares fall 3% as company announced its third-quarter fiscal year 2025 results, revealing a mixed performance. Net profit remained essentially unchanged at ₹221 crore compared to the same ...
Morgan Stanley remains overweight on Gujarat Gas despite margin pressures and sluggish volume growth
Morgan Stanley maintained its ‘Overweight’ rating on Gujarat Gas, with a target price of Rs 614, despite the company missing estimates on volume growth and margins. The brokerage noted that the compan...
Raj Kumar resigns as chairman of Gujarat Gas following superannuation
In his resignation letter addressed to the Government of Gujarat, Raj Kumar cited his retirement as the reason for stepping down from these leadership roles.
Gujarat Gas increases CNG prices by Rs 1.5/kg: Report
Gujarat Gas Limited has announced a hike in the price of compressed natural gas (CNG) by ₹1.5 per kilogram, effective immediately, according to reports of CNBC-Aawaz. Following the revision, CNG price...
Gujarat Gas shares drop nearly 3% as Morbi ceramic association proposes a month-long shutdown
Shares of Gujarat Gas Limited declined by almost 3% on Tuesday, trading at ₹485.40, following news of a proposed shutdown in the Morbi ceramic industry. The Morbi Ceramic Association has announced pla...
Nifty Oil & Gas slips 0.18% as Mahanagar Gas, Gujarat Gas lead declines; BPCL gains marginally
The latest data for Nifty Oil & Gas stocks is as follows: Company LTP (₹) % Change Adani Total Gas 671.20 0.04% Aegis Logistics 805.30 -1.02% BPCL 293.05 0.36% Castrol 196.90 -0.70% GAIL 196.82 -0.63%...
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...
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...
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...
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...
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...
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...
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...
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...
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...