Durability score
55/100
Valuation score
46.7/100
Momentum score
33.7/100
Market Capitalizati...
9895.3
AVG Broker Target
211.2
PE TTM Price to Ear...
14.8
Gujarat State Petronet Limited    
22 Mar 2018
175.50
0.63%
Investors sulk as GSPL takes debt load off GSPC's back
Investors sulk as GSPL takes debt load off GSPC's back
livemint
It's little wonder GSPL shares have shed 4.7% since the deal was announced on Monday
Number of Mutual Funds holding stock fell by 82 to 23 in Mar 2018 qtr.
Gujarat State Petronet Limited    
20 Mar 2018
175.50
0.63%
buy
Buy: GSPL
ICICI Securities Limited
Gujarat State Petronet's (GSPL) board has approved the acquisition of up to 28.4% stake in Gujarat Gas from GSPC. The transaction will involve acquisition of 3.9 crore shares and be a related party transaction between two government companies, thus, requiring no regulatory approval. Currently, GSPL has a 25.8% stake in Gujarat Gas. The new acquisition will take the total stake to 54.1% making it a holding company of Gujarat Gas. The deal will be a cash transaction but the final cost is yet to be decided. In our opinion, the deal is likely to happen around the current...
Gujarat State Petron.. has an average target of 211.17 from 7 brokers.
Gujarat State Petronet Limited    
16 Mar 2018
175.50
0.63%
Motilal Oswal
Since 1QFY18, GUJS has been reporting steady growth in gas transmission volumes, led primarily by higher consumption in refinery/petrochem, power and CGD sectors. Going forward also, the company expects demand from the power sector to be strong for about six months in a year. The company suggests that current transmission volumes stand at ~36mmscmd, up 7.5% QoQ. It has further guided that as summer power demand catches up, transmission volumes could increase to 40mmscmd. However, as and when RIL commissions all its gasifiers, there could be a loss of ~5mmscmd in transmission volumes
Number of Mutual Funds holding stock fell by 82 to 23 in Mar 2018 qtr.
Gujarat State Petronet Limited    
15 Feb 2018
175.50
0.63%
buy
Hold: GSPL
Axis Direct
Gas volumes rose 28% YoY/5% QoQ on high off-take by RIL's refinery (~10 mmscmd) with ROGC# project starting in December 2017 and petcoke gasification project set to be fully ramped up in FY19.
Gujarat State Petronet Limited is trading below all available SMAs
Gujarat State Petronet Limited    
13 Feb 2018
175.50
0.63%
Gujarat State Petronet (GSPL) showing technical weakness

Gujarat State Petronet (GSPL) has seen its share price rising over the last week, but on Feb 9th and 12th has begun showing signs of weakness. On Feb 8 the stock entered two bearish technical screeners - the Bearish Harami Cross and the Bearish Harami, before exiting them on Feb 12. The company's MACD also shows bearishness.

On the upside, the stock is currently in the Oversold by MFI (Money Flow Index) screener, which indicates that it may rebound. 

Gujarat State Petronet Limited is trading below all available SMAs
Gujarat State Petronet Limited    
09 Feb 2018
175.50
0.63%
buy
Hold: GSPL
IDBI Capital
Gujarat State Petronet's (GSPL) Q3FY18 result was completely in line with our expectation where volume was a tad higher than our estimate. Revenue increased 31.3% YoY to Rs3.5 bn led by strong volume growth and flattish implied tariff. Volume grew 27.7% YoY to 33.5mmscmd due to incremental demand from RIL for its new projects while tariff increased 2.6% YoY to Rs1.12/scm. We are keeping our estimates unchanged and introducing FY20 numbers and we expect its EBITDA/PAT to see a CAGR of 9%/13% during FY17-20E.We roll over our valuation to FY20 gives a new TP of Rs212 from Rs204. Maintain HOLD....
Gujarat State Petronet Limited is trading below all available SMAs
Gujarat State Petronet Limited    
09 Feb 2018
175.50
0.63%
buy
Hold: GSPL
ICICI Securities Limited
Gas transmission volumes increased 27.7% YoY to 33.5 mmscmd (our estimate: 32.5 mmscmd). Transmission tariffs at | 1.12/scm came in largely in line with our estimates at | 1.15/scm. EBITDA increased 30.6% YoY to | 297.1 crore and came in below our estimate of | 308.2 crore due to higher other expenses Lower tax rate of 30% (our estimate: 33%) supported profitability at | 181.6 crore, which came in line with our estimates...
Number of FIIs/FPIs holding stock fell by 95 to 202 in Mar 2018 qtr.
Gujarat State Petronet Limited    
08 Feb 2018
175.50
0.63%
Motilal Oswal
EBITDA below estimate; in-line transmission volumes Reported revenue rose 31% YoY (+5% QoQ) to INR3.5b, falling short of our estimate of INR3.8b, primarily due to lower implied tariffs. EBITDA of INR2.97b (+31% YoY, +4% QoQ) was below our estimate of INR3.3b due to higher O&M expenses of INR137/mscm (+33% YoY, +11% QoQ). Reported PAT stood at INR1.8b (est. of INR1.9b, +53% YoY, +2% QoQ) - the difference at PAT level declined due to a lower tax rate of 30% (est. of 34.3%; 32.1% in 2QFY18 and 34.9% in 3QFY17).In-line transmission volumes; lower implied tariff Transmission volume grew 28% YoY (+6% QoQ) to 33.5mmscmd (in-line) in 3QFY18, which is believed to be led by higher off take from the power sector. Implied transmission tariff stood at INR1,123/mscm (est. of INR1,200; +3% YoY, +1% QoQ).
Gujarat State Petron.. has an average target of 211.17 from 7 brokers.
Gujarat State Petronet Limited    
14 Nov 2017
175.50
0.63%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Gujarat State Petronet (GSPL) reported its Q2FY18 results, which were above our estimates on the topline and profitability front. Revenues increased 29.8% YoY to | 334.8 crore above our estimate of | 316.5 crore mainly on account of higher than estimated volumes Gas transmission volumes increased 28.2% YoY to 31.6 mmscmd (our estimate: 28.5 mmscmd). Transmission tariffs were at | 1.1/scm, marginally below our estimate of | 1.15/scm. EBITDA increased...
Gujarat State Petron.. has an average target of 211.17 from 7 brokers.
Gujarat State Petronet Limited    
14 Nov 2017
175.50
0.63%
buy
Accumulate: GSPL
Dolat Capital
GSPL being a pure natural gas transporter does not own the gas at any point in time thereby negating the risk of the fluctuations in the natural gas prices. Tariff hike is expected in Q4FY18. Gujarat accounts for nearly 40% of India's gas consumption and we expect this trend to continue. With the increase in gas supply through...
Gujarat State Petronet Limited is trading below all available SMAs
  • Stock Price (186.15) crossed below 30 Day SMA (188.06) on 23 April, 2018
  • ICICI Securities Limited upgraded Gujarat State Petronet Limited to Buy with a price target of 200.0 on 20 Mar, 2018.
  • Day volume (2821387) was 450% of the Month Average Volume (626795.0) on 20 March, 2018
  • Day Change by -5.95% (Crossed threshold 5%) on 20 March, 2018
  • Stock Price (191.60) crossed below 200 Day SMA (195.7) on 14 March, 2018
More triggered alerts
Ex-Date Dividend Amount Dividend Type Record Date
Sept. 20, 20171.50--
Sept. 14, 20161.50--
Sept. 15, 20151.20--
Sept. 18, 20141.00--
Sept. 19, 20131.00--
All dividends by GSPL