Gujarat Gas Ltd.

NSE: GUJGASLTD | BSE: 539336 | ISIN: INE844O01030 | Industry: Utilities:Non-Electrical
| Mid-range Performer

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Gujarat Gas Ltd.
06 Jun 2020
437.85
0.77%
Motilal Oswal
6 June 2020 was marginally lower than est. INR5.0), however, it was higher YoY and QoQ (v/s INR4.3 in 4QFY19 and 3QFY20). Reported EBITDA was 4% higher than estimate at INR4.3b (+68% YoY), led by better-than-expected volumes. Tax rate for the quarter stood at 23.9%. PAT came in at INR2.5b (v/s est. PNG I/C stood at 7.8mmscmd (v/s est.
Gujarat Gas Ltd. is trading below its 50 day SMA of 448.0
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