We are keeping our volume estimates unchanged at 25.5/28mmscmd in FY17/FY18. We are keeping our target price unchanged at Rs150 (valuing core business at Rs122 and its 26% stake in Gujarat Gas at Rs28). Maintain HOLD. Result Highlights and Investment Rationale Higher than expected volume led to 7.5% revenue growth The company's revenue increased 7.5% YoY to Rs2,668 mn due to higher volume and realization both. Volume came at 26.2mmscmd against 25.1/24.6mmscmd in YoY/QoQ...