Robust volumes mostly driven by industrial and domestic PNG segment. Healthy EBITDA spreads. Maintain Accumulate. Gujarat Gas results were in line with estimates on revenue and above estimates on profitability front. Volumes were at 905 mmscm which was an increase of 54.7%YoY and of 5.6% QoQ, with industrial segment growing at 82.3% YoY and of 7% QoQ. Major growth in industrial segment has come from Morbi region (75%) despite worries over anti-dumping duty by GCC for ceramic industry....