Gujarat Gas Ltd.

NSE: GUJGASLTD | BSE: 539336 | ISIN: INE844O01030 | Industry: Utilities:Non-Electrical
| Mid-range Performer
436.6500 7.50 (1.75%)
NSE Sep 23, 2025 09:42 AM
Volume: 53,105
 

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Gujarat Gas Ltd.
04 Sep 2023
436.65
1.75%
ICICI Securities Limited
Gujarat Gas (GUJGA) has hiked industrial gas prices at Morbi by INR 2.5/scm, the second hike in Q2, post a INR 2/scm hike taken in Aug’23. The decision has been driven by an improvement in propane prices in last 2-3 months. Prices have steadily improved since then, with Aug’23 prices at USD 470/t and Sep’23 prices declared at USD 550/t – coupled with an increase in import duties to ~18% from <6% earlier.
Gujarat Gas Ltd. has an average target of 550.67 from 3 brokers.
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