Gujarat Gas Ltd.

NSE: GUJGASLTD | BSE: 539336 | ISIN: INE844O01030 | Industry: Utilities:Non-Electrical
| Mid-range Performer
467.3000 -6.00 (-1.27%)
NSE Jul 11, 2025 15:31 PM
Volume: 119.7K
 

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Gujarat Gas Ltd.
06 Nov 2018
467.30
-1.27%
ICICI Securities Limited
Gujarat Gas reported a disappointing set of numbers in Q2FY19. Revenues increased 41.2% YoY to | 1964.3 crore and came in above our estimates. Total reported volumes increased 16.5% YoY and came in at 6.7 mmscmd vs. our estimate of 6.5 mmscmd on account of higher sales volumes on the industrial PNG front Realisations were higher than our estimate at | 32/scm (our estimate: | 31.6/scm). However, sharp increase in gas costs due to increase in LNG prices and rupee depreciation led to decline in gross margins,...
Gujarat Gas Ltd. is trading below its 30 day SMA of 472.7
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