Gujarat State Petronet (GUJS) reported volumes of ~40mmscmd in 2QFY21, taking the company to near full capacity levels of ~42mmscmd. We discussed volume growth avenues both immediate and for the future with the management. The following are key insights from the same: GUJS has installed an additional compressor, which facilitated pipeline capacity expansion by ~10%, thus taking total pipeline capacity to ~46mmscmd. While GUJGA stated during its recent earnings that volumes are higher than its 2QFY21 average, the benefits have also accrued to GUJS, which is currently...