Gujarat Gas Share Price
- Advice
- Hold
Start SIP in Gujarat Gas
Start SIPGujarat Gas Performance
Day Range
- Low 530
- High 553
52 Week Range
- Low 412
- High 690
- Open Price534
- Previous Close528
- Volume3955010
Gujarat Gas F&O
Gujarat Gas Investment Rating
-
Master Rating:
-
Gujarat Gas Limited (GGL) is India’s largest City Gas Distribution (CGD) company, operating in 44 districts across 6 states and 1 Union Territory. With over 40,200 km of pipeline and 811 CNG stations, GGL serves 21.52 lakh households and numerous commercial and industrial customers.
Gujarat Gas has an operating revenue of Rs. 16,358.98 Cr. on a trailing 12-month basis. An annual revenue de-growth of -6% needs improvement, Pre-tax margin of 10% is healthy, ROE of 14% is good. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 71 which is a FAIR score but needs to improve its earnings, a RS Rating of 23 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 152 indicates it belongs to a poor industry group of Utility-Gas Distribution and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.
Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 3,782 | 4,450 | 4,134 | 3,929 | 3,845 | 3,782 | 3,929 |
Operating Expenses Qtr Cr | 3,268 | 3,915 | 3,543 | 3,528 | 3,349 | 3,394 | 3,368 |
Operating Profit Qtr Cr | 514 | 536 | 591 | 401 | 497 | 388 | 560 |
Depreciation Qtr Cr | 130 | 123 | 121 | 120 | 118 | 115 | 109 |
Interest Qtr Cr | 8 | 8 | 7 | 7 | 8 | 7 | 6 |
Tax Qtr Cr | 108 | 114 | 140 | 76 | 103 | 74 | 107 |
Net Profit Qtr Cr | 307 | 330 | 410 | 220 | 298 | 215 | 369 |
Gujarat Gas Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 5
- Bearish Moving Average
- ___
- 11
- 20 Day
- ₹545.00
- 50 Day
- ₹575.56
- 100 Day
- ₹587.12
- 200 Day
- ₹573.74
- 20 Day
- ₹545.22
- 50 Day
- ₹594.31
- 100 Day
- ₹611.43
- 200 Day
- ₹585.40
Gujarat Gas Resistance and Support
Resistance | |
---|---|
First Resistance | 552.43 |
Second Resistance | 564.07 |
Third Resistance | 575.13 |
RSI | 42.94 |
MFI | 55.32 |
MACD Single Line | -22.06 |
MACD | -20.38 |
Support | |
---|---|
First Support | 529.73 |
Second Support | 518.67 |
Third Supoort | 507.03 |
Gujarat Gas Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 4,076,433 | 78,389,807 | 19.23 |
Week | 1,230,722 | 31,518,785 | 25.61 |
1 Month | 1,002,142 | 40,035,582 | 39.95 |
6 Month | 1,683,111 | 52,226,945 | 31.03 |
Gujarat Gas Result Highlights
Gujarat Gas Synopsis
NSE-Utility-Gas Distribution
Gujarat Gas Limited (GGL) is India’s leading City Gas Distribution (CGD) company, operating across 44 districts in Gujarat, Maharashtra, Rajasthan, Haryana, Punjab, Madhya Pradesh, and Dadra & Nagar Haveli. The company has an extensive natural gas pipeline network of over 40,200 km, distributing approximately 11 mmscmd of natural gas. GGL operates 811 CNG stations and serves over 21.52 lakh households, 15,200 commercial customers, and 4,400 industrial customers. Recognized for its operational excellence, GGL has received several accolades, including 'World’s Most Trustworthy Companies 2023'. It also pioneered green hydrogen blending with Piped Natural Gas, contributing to India’s Natural Gas vision.Market Cap | 36,337 |
Sales | 16,359 |
Shares in Float | 26.85 |
No of funds | 242 |
Yield | 1.07 |
Book Value | 4.73 |
U/D Vol ratio | 1.8 |
LTDebt / Equity | |
Alpha | 0.01 |
Beta | 0.98 |
Gujarat Gas Shareholding Pattern
Owner Name | Sep-24 | Jun-24 | Mar-24 | Dec-23 |
---|---|---|---|---|
Promoters | 60.89% | 60.89% | 60.89% | 60.89% |
Mutual Funds | 7.14% | 7.47% | 7.7% | 6.56% |
Insurance Companies | 7.23% | 7.28% | 7.34% | 7.39% |
Foreign Portfolio Investors | 4.51% | 4.31% | 3.72% | 3.34% |
Financial Institutions/ Banks | 0.01% | |||
Individual Investors | 4.78% | 4.79% | 4.93% | 6.27% |
Others | 15.45% | 15.26% | 15.42% | 15.54% |
Gujarat Gas Management
Name | Designation |
---|---|
Mr. Raj Kumar | Chairman |
Mr. Milind Torawane | Managing Director |
Mr. Balwant Singh | Director |
Dr. Rekha Jain | Director |
Prof. Yogesh Singh | Director |
Mr. Bhadresh Mehta | Director |
Mr. S J Haider | Director |
Gujarat Gas Forecast
Price Estimates
Gujarat Gas Corporate Action
Date | Purpose | Remarks |
---|---|---|
2024-11-06 | Quarterly Results | |
2024-08-06 | Quarterly Results | |
2024-02-13 | Quarterly Results | |
2023-11-02 | Quarterly Results | |
2023-08-02 | Quarterly Results |
Date | Purpose | Remarks |
---|---|---|
2024-09-09 | FINAL | Rs.5.66 per share(283%)Final Dividend |
2023-09-11 | FINAL | Rs.6.65 per share(332.5%)Final Dividend |
2022-08-22 | FINAL | Rs.2.00 per share(100%)Dividend |
2021-09-09 | FINAL | Rs.2.00 per share(100%)Dividend |
Gujarat Gas FAQs
What is Share Price of Gujarat Gas ?
Gujarat Gas share price is ₹540 As on 08 November, 2024 | 00:44
What is the Market Cap of Gujarat Gas ?
The Market Cap of Gujarat Gas is ₹37228.1 Cr As on 08 November, 2024 | 00:44
What is the P/E ratio of Gujarat Gas ?
The P/E ratio of Gujarat Gas is 29.3 As on 08 November, 2024 | 00:44
What is the PB ratio of Gujarat Gas ?
The PB ratio of Gujarat Gas is 4.8 As on 08 November, 2024 | 00:44
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