Gujarat Gas

GUJGASLTD26 Apr 2024

Gas Distribution

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+8.25 (+1.52%)

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Gujarat Gas

Gas Distribution

GUJGASLTD26 Apr 2024

₹

+8.25 (+1.52%)

OverviewFundamentalsFutures Options

Corporate action

Peer comparison

Income Sheet

Balance sheet

Cash flow

Share holding

About Us

Corporate Action

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

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Dividends

Bonus

Splits

Others

Ex-Date	Type	Description	Record Date
03-Nov-2018	S	Gujarat Gas Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 03, 2018, inter alia, has recommended the split/sub-division of equity shares of the Company from face value of Rs.10 (Rupees Ten) each to face value of Rs. 2 (Rupees Two) each. Record date for subdivision of equity shares of Gujarat Gas Limited. (As Per BSE Announcement Dated On 19/12/2018) Gujarat Gas Ltd has informed BSE that the Company has fixed January 16, 2019 as the Record Date for determining the eligibility of shareholders, with regard to sub-division of Company's equity shares of face value of Rs. 10/- each into 5 equity shares of face value of Rs 2/- each fully paid up, as approved by the Shareholders through Postal Ballot. (As Per BSE Announcement Dated On 20/12/2018) Trading Members of the Exchange are hereby informed that GUJARAT GAS LTD has fixed Record Date for the purpose of sub division of equity shares of the company. DEMATERIALISED SECURITIES - ROLLING SETTLEMENT SEGMENT COMPANY NAME & CODE GUJARAT GAS LTD (539336) RECORD DATE 16/01/2018 PURPOSE Sub Division of existing equity shares from every ONE equity share of Rs.10/- each into Five equity shares of Rs. 2/- each. SUB-DIVIDED PAID-UP VALUE Rs.2/- SUB-DIVIDED PAID-UP VALUE W.E.F. 15/01/2019 DR- 199/2018-2019 Note:- i. Trading members are hereby informed that the transactions in the equity shares (physical) of the aforesaid company in the Exit-Route Scheme will be for Rs. 2/- paid up w.e.f. 15/01/2019. ii. ISIN No. INE844O01022 of Rs.10/- paid up will not be valid for transactions done on the Exchange on or after 15/01/2019. iii. The new ISIN Number for Rs.2/- paid up will be informed to the market by a separate notice. (As Per BSE Notice Dated on 21.12.2018)	16-Jan-2019
10-May-2023	D	Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we inform you that the Board also recommended dividend i.e. Rs. 6.65 per equity share of Rs 2/- each to the shareholders for the financial year 2022-23, in the same meeting, which will be paid subject to approval of shareholders in the Annual General Meeting.	11-Sep-2023
10-May-2022	D	The Board of Directors has recommended a dividend of Rs.2/- per Equity Share of face value of Rs. 2/- each aggregating to Rs. 137.68 Crores for the year ended 31st March 2022.	19-Aug-2022
01-Jun-2021	D	Gujarat Gas Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 01, 2021, inter alia, has recommended dividend i.e. Rs 2/- per equity share of Rs. 2/- each to the shareholders for financial year 2020-21, which will be paid subject to approval of shareholders in the Annual General Meeting.	08-Sep-2021
05-Jun-2020	D	Approval of Audited Financial Results for year ended on 31st March, 2020 and recommendation of dividend.	09-Sep-2020
06-May-2019	D	Gujarat Gas Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 06, 2016, inter alia, has recommended dividend i.e. Rs. 1/- per equity share of Rs. 2/- each to the shareholders for the financial year 2018-19, in the same meeting, which will be paid subject to approval of shareholders in the Annual General Meeting.	12-Sep-2019
12-May-2018	D	Gujarat Gas Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 11, 2018, inter alia, has recommended dividend i.e. Rs. 4/- per equity share of Rs. 10/- each to the shareholders for the financial year 2017-18, in the same meeting, which will be paid subject to approval of shareholders in the Annual General Meeting.	18-Sep-2018
24-May-2017	D	Gujarat Gas Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 24, 2017, inter alia, has recommended dividend of Rs. 3/- each per Equity share of Rs. 10/- each to the shareholders for the financial year 2016-17.	20-Sep-2017
18-May-2016	D	Gujarat Gas Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 17, 2016, inter alia, has recommended dividend of Rs. 2.5/- per Equity Share of Rs. 10/- each to the shareholders for the financial year 2015-16.	21-Sep-2016
01-Dec-2015	D	Gujarat Gas Ltd has now informed BSE that the Board of Directors of the Company at its meeting held on August 13, 2015, has recommended the Dividend of Rs.5/- per Equity Share of the Company.	17-Dec-2015
18-Mar-2024	BC	Gujarat Gas Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/05/2024 inter alia to consider and approve Board Meeting Intimation for Audited Financial	06-May-2024
29-Jan-2024	BC	Gujarat Gas Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2024 inter alia to consider and approve Board Meeting for consideration of Unaudited Fi	13-Feb-2024
08-Feb-2024	BC	Resignation of CFO Resignation letter of CFO (As Per BSE Announcement Dated on 14/02/2024)	08-Feb-2024
05-Jan-2024	BC	Intimation for appointment of DR. VK Joshi as Executive Director of GGL	26-Dec-2023
27-Sep-2023	BC	Gujarat Gas Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2023 inter alia to consider and approve Regulation 29 of SEBI (LODR) 2015 - Board Meeti	02-Nov-2023

Announcement Date10-May-2023

Ex Dividend Date11-Sep-2023

Dividend(%)332

Announcement Date10-May-2022

Ex Dividend Date19-Aug-2022

Dividend(%)100

Announcement Date01-Jun-2021

Ex Dividend Date08-Sep-2021

Dividend(%)100

Announcement Date05-Jun-2020

Ex Dividend Date09-Sep-2020

Dividend(%)62

Announcement Date06-May-2019

Ex Dividend Date12-Sep-2019

Dividend(%)50

Announcement Date12-May-2018

Ex Dividend Date18-Sep-2018

Dividend(%)40

Announcement Date24-May-2017

Ex Dividend Date20-Sep-2017

Dividend(%)30

Announcement Date18-May-2016

Ex Dividend Date21-Sep-2016

Dividend(%)25

Announcement Date01-Dec-2015

Ex Dividend Date17-Dec-2015

Dividend(%)50

No Rights has been declared by GUJGASLTD

Book Closure

Record Date	Split Date	Purpose
06-May-2024	-	Gujarat Gas Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/05/2024 inter alia to consider and approve Board Meeting Intimation for Audited Financial
13-Feb-2024	-	Gujarat Gas Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2024 inter alia to consider and approve Board Meeting for consideration of Unaudited Fi
08-Feb-2024	-	Resignation of CFO Resignation letter of CFO (As Per BSE Announcement Dated on 14/02/2024)
26-Dec-2023	-	Intimation for appointment of DR. VK Joshi as Executive Director of GGL
02-Nov-2023	-	Gujarat Gas Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2023 inter alia to consider and approve Regulation 29 of SEBI (LODR) 2015 - Board Meeti

Peer Comparison

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Scrip Name	Price	Daily Change	M.Cap (Cr)	1 Year Returns %	P/E (TTM)	PB Ratio
Gujarat Gas Ltd ₹551.65(+8.25/1.52%)	551.65	+8.25	37,975.04	19.07	34.46	5.38
GAIL (India) Ltd ₹208.05(0.00/0.00%)	208.05	+0.00	136,794.95	88.88	18.83	2.25
Mahanagar Gas Ltd ₹1,460.75(+12.70/0.88%)	1,460.75	+12.70	14,428.96	44.16	11.16	3.08
Petronet LNG Ltd ₹308.75(+6.10/2.02%)	308.75	+6.10	46,312.50	30.99	13.57	2.88
IRM Energy Ltd ₹568.35(-6.95/-1.21%)	568.35	-6.95	2,333.63	0.00	27.89	2.53
Indraprastha Gas Ltd ₹459.40(+6.35/1.40%)	459.40	+6.35	32,158.04	-5.56	18.98	3.99

Income Sheet

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Standalone

Consolidated

Column	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22
Gross Sales	4084.26	3991.15	3923.70	4073.82	3821.28	4107.83
Excise Duty	155.16	145.75	142.19	145.25	136.99	131.37
Net Sales	3929.10	3845.40	3781.51	3928.57	3684.29	3976.46
Other Operating Income	0.00	0.00	0.00	0.00	0.00	0.00
Other Income	23.02	29.80	23.85	31.79	31.99	18.52
Total Income	3952.12	3875.20	3805.36	3960.36	3716.28	3994.98
Total Expenditure	3528.42	3348.78	3393.51	3368.25	3101.97	3333.72
PBIDT	423.70	526.42	411.85	592.11	614.31	661.26
Interest	7.20	7.79	7.38	6.05	7.64	13.09
PBDT	416.50	518.63	404.47	586.06	606.67	648.17
Depreciation	120.07	117.92	115.11	109.42	109.27	106.41
Tax	58.60	92.50	64.65	89.81	120.76	130.71
Deferred Tax	17.49	10.41	9.62	17.61	5.38	7.16
Reported Profit After Tax	220.34	297.80	215.09	369.22	371.26	403.89
Extra-ordinary Items	0.00	0.00	0.00	0.00	0.00	0.00
Adjusted Profit After Extra-ordinary item	220.34	297.80	215.09	369.22	371.26	403.89

EPS (Unit Curr.)	3.20	4.33	3.12	5.36	5.39	5.87
EPS (Adj) (Unit Curr.)	3.20	4.33	3.12	5.36	5.39	5.87
Calculated EPS (Unit Curr.)	3.20	4.33	3.12	5.36	5.39	5.87
Calculated EPS (Adj) (Unit Curr.)	3.20	4.33	3.12	5.36	5.39	5.87
Calculated EPS (Ann.) (Unit Curr.)	12.80	17.30	12.50	21.45	21.57	23.47
Calculated EPS (Adj) (Ann.) (Unit Curr.)	12.80	17.30	12.50	21.45	21.57	23.47
Book Value (Unit Curr.)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend (%)	0.00	0.00	0.00	0.00	0.00	0.00
Equity	137.68	137.68	137.68	137.68	137.68	137.68
Reserve & Surplus	0.00	0.00	0.00	0.00	0.00	0.00
Face Value	2.00	2.00	2.00	2.00	2.00	2.00

Public Shareholding (No. Of Shares)	0.00	0.00	0.00	0.00	0.00	0.00
Public Shareholding (% in Equity)	0.00	0.00	0.00	0.00	0.00	0.00

Pledged/Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

Non Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

PBIDTM(%)	10.78	13.69	10.89	15.07	16.67	16.63
PBDTM(%)	10.60	13.49	10.70	14.92	16.47	16.30
PATM(%)	5.61	7.74	5.69	9.40	10.08	10.16

Column	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22
Gross Sales	4084.26	3991.15	3923.70	4073.82	3821.28	4107.83
Excise Duty	155.16	145.75	142.19	145.25	136.99	131.37
Net Sales	3929.10	3845.40	3781.51	3928.57	3684.29	3976.46
Other Operating Income	0.00	0.00	0.00	0.00	0.00	0.00
Other Income	23.70	28.25	24.71	33.08	32.30	19.03
Total Income	3952.80	3873.65	3806.22	3961.65	3716.59	3995.49
Total Expenditure	3528.42	3348.78	3393.51	3368.25	3101.97	3333.72
PBIDT	424.38	524.87	412.71	593.40	614.62	661.77
Interest	7.20	7.79	7.38	6.05	7.64	13.09
PBDT	417.18	517.08	405.33	587.35	606.98	648.68
Depreciation	120.07	117.92	115.11	109.42	109.27	106.41
Minority Interest Before NP	0.00	0.00	0.00	0.00	0.00	0.00
Tax	58.60	92.50	64.65	89.82	120.76	130.70
Deferred Tax	17.49	10.41	9.62	17.61	5.38	7.16
Reported Profit After Tax	221.02	296.25	215.95	370.50	371.57	404.41
Minority Interest After NP	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit after Minority Interest	221.02	296.25	215.95	370.50	371.57	404.41

Extra-ordinary Items	0.00	0.00	0.00	0.00	0.00	0.00
Adjusted Profit After Extra-ordinary item	221.02	296.25	215.95	370.50	371.57	404.41

EPS (Unit Curr.)	3.21	4.30	3.14	5.36	5.39	5.87
Book Value (Unit Curr.)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend (%)	0.00	0.00	0.00	0.00	0.00	0.00
Equity	137.68	137.68	137.68	137.68	137.68	137.68

Public Shareholding (Number)	0.00	0.00	0.00	0.00	0.00	0.00
Public Shareholding (%)	0.00	0.00	0.00	0.00	0.00	0.00

Pledged/Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

Non Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

PBIDTM(%)	10.80	13.65	10.91	15.10	16.68	16.64
PBDTM(%)	10.62	13.45	10.72	14.95	16.47	16.31
PATM(%)	5.63	7.70	5.71	9.43	10.09	10.17

Balance Sheet

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Standalone

Consolidated

Column	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
SOURCES OF FUNDS :
Share Capital	137.68	137.68	137.68	137.68	137.68	137.68
Reserves Total	6857.93	5461.62	4310.96	3152.94	2046.31	1708.73
Equity Share Warrants	0.00	0.00	0.00	0.00	0.00	0.00
Equity Application Money	0.00	0.00	0.00	0.00	0.00	0.00
Total Shareholders Funds	6995.61	5599.30	4448.64	3290.62	2183.99	1846.41
Secured Loans	0.00	477.92	897.26	1998.34	2213.11	2326.94
Unsecured Loans	152.32	150.93	85.32	57.02	0.00	1.28
Total Debt	152.32	628.85	982.58	2055.36	2213.11	2328.22
Total Liabilities	7147.93	6228.15	5431.22	5345.98	4397.10	4174.63
APPLICATION OF FUNDS :
Gross Block	10305.50	9179.91	8221.27	7440.96	6842.63	6363.52
Less : Accumulated Depreciation	2967.83	2548.71	2180.95	1855.88	1552.64	1269.51
Less:Impairment of Assets	0.00	0.00	0.00	0.00	0.00	0.00
Net Block	7337.67	6631.20	6040.32	5585.08	5289.99	5094.01
Lease Adjustment	0.00	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	983.11	992.30	731.48	569.49	488.86	478.33
Producing Properties	0.00	0.00	0.00	0.00	0.00	0.00
Investments	30.41	22.39	19.77	17.25	16.05	16.09
Current Assets, Loans & Advances	0.00	0.00	0.00	0.00	0.00	0.00
Inventories	61.18	53.39	52.48	46.26	69.41	56.78
Sundry Debtors	1021.15	930.05	774.74	510.14	510.31	391.71
Cash and Bank	680.98	21.13	318.89	691.72	309.16	136.30
Loans and Advances	215.88	383.05	192.10	189.95	143.68	111.82
Total Current Assets	1979.19	1387.62	1338.21	1438.07	1032.56	696.61
Less : Current Liabilities and Provisions	0.00	0.00	0.00	0.00	0.00	0.00
Current Liabilities	2747.60	2368.28	2145.68	1606.14	1541.25	1372.22
Provisions	27.38	28.52	24.54	35.73	8.30	7.56
Total Current Liabilities	2774.98	2396.80	2170.22	1641.87	1549.55	1379.78
Net Current Assets	-795.79	-1009.18	-832.01	-203.80	-516.99	-683.17
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	69.17	55.48	45.72	36.57	50.00	42.72
Deferred Tax Liability	915.27	863.20	838.24	837.06	1131.60	1088.22
Net Deferred Tax	-846.10	-807.72	-792.52	-800.49	-1081.60	-1045.50
Total Assets	6709.30	5828.99	5167.04	5167.53	4196.31	3859.76
Contingent Liabilities	555.59	523.34	794.48	933.68	903.00	605.00

Column	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
SOURCES OF FUNDS :
Share Capital	137.68	137.68	137.68	137.68	137.68	137.68
Reserves Total	6890.27	5492.25	4339.88	3179.67	2067.59	1728.70
Equity Share Warrants	0.00	0.00	0.00	0.00	0.00	0.00
Equity Application Money	0.00	0.00	0.00	0.00	0.00	0.00
Total Shareholders Funds	7027.95	5629.93	4477.56	3317.35	2205.27	1866.38
Minority Interest	0.00	0.00	0.00	0.00	0.00	0.00
Secured Loans	0.00	477.92	897.26	1998.34	2213.11	2326.94
Unsecured Loans	152.32	150.93	85.32	57.02	0.00	1.28
Total Debt	152.32	628.85	982.58	2055.36	2213.11	2328.22
Policy Holders Fund	0.00	0.00	0.00	0.00	0.00	0.00
Other Liabilities	126.08	122.61	114.71	108.93	99.22	33.40
Total Liabilities	7306.35	6381.39	5574.85	5481.64	4517.60	4228.00
APPLICATION OF FUNDS :
Gross Block	10305.50	9179.91	8221.27	7440.96	6842.63	6363.53
Less: Accumulated Depreciation	2967.83	2548.71	2180.95	1855.88	1552.64	1269.52
Less: Impairment of Assets	0.00	0.00	0.00	0.00	0.00	0.00
Net Block	7337.67	6631.20	6040.32	5585.08	5289.99	5094.01
Lease Adjustment	0.00	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	983.11	992.30	731.48	569.49	488.86	478.33
Producing Properties	0.00	0.00	0.00	0.00	0.00	0.00
Investments	62.75	52.03	47.80	43.21	42.08	40.74
Current Assets, Loans & Advances	0.00	0.00	0.00	0.00	0.00	0.00
Inventories	61.18	53.39	52.48	46.26	69.41	56.78
Sundry Debtors	1021.15	930.05	774.74	510.14	510.31	391.71
Cash and Bank	680.98	21.32	321.20	693.91	313.19	140.12
Loans and Advances	215.88	385.27	192.10	189.94	143.68	111.82
Total Current Assets	1979.19	1390.03	1340.52	1440.25	1036.59	700.43
Less : Current Liabilities and Provisions	0.00	0.00	0.00	0.00	0.00	0.00
Current Liabilities	2747.60	2369.70	2147.10	1607.55	1544.69	1375.66
Provisions	27.38	28.52	24.54	35.73	8.30	7.56
Total Current Liabilities	2774.98	2398.22	2171.64	1643.28	1552.99	1383.22
Net Current Assets	-795.79	-1008.19	-831.12	-203.03	-516.40	-682.79
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	69.17	55.48	45.72	36.57	50.00	42.72
Deferred Tax Liability	915.27	863.20	838.24	837.06	1136.94	1093.28
Net Deferred Tax	-846.10	-807.72	-792.52	-800.49	-1086.94	-1050.56
Other Assets	564.71	521.77	378.89	287.38	300.01	348.27
Total Assets
Contingent Liabilities	555.70	523.45	794.59	948.52	906.38	608.61

Cash Flow

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

PARTICULARS	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Cash and Cash Equivalents at Beginning of the year	16.44	276.66	548.16	94.36	91.84
Net Cash from Operating Activities	2377.96	1661.76	1658.81	1421.90	964.36
Net Cash Used In Investing Activities	-1041.33	-1293.54	-612.40	-466.70	-612.42
Net Cash Used In Financing Activities	-678.37	-628.44	-1317.91	-502.37	-349.42
Net Inc./Dec In Cash And Cash Equivalents	658.26	-260.22	-271.50	452.83	2.52
Cash And Cash Equivalents At End Of The Year	674.70	16.44	276.66	547.19	94.36

Share Holding

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Promoter Shareholding

60.89%

FII Shareholding

3.72%

DII Shareholding

22.05%

Public Shareholding

13.33%

**Promoter pledged shareholding 60.89%

About Gujarat Gas Ltd

Gujarat Gas Ltd is in the Gas Distribution sector, having a market capitalization of Rs. 37975.04 crores. It has reported a sales of Rs. 3929.1 crores and a net profit of Rs. 220.34 crores for the quarter ended December 2018. The company management includes RAJ KUMAR, RAJ KUMAR,SANJEEV KUMAR,Balwant Singh,YOGESH SINGH,Bhadresh Mehta,Rekha Suman Jain,Jagdish Prasad Gupta,MAMTA VERMA,Milind Shivaram Torawane (Gujarat Gas Ltd) among others.

Chairman

RAJ KUMAR

Registered office

Gujarat Gas CNG Station,Sector 5/C,Gandhinagar,Gujarat,382006

FAX :91-79-26466249

Background

Incorporation Year2012

Face Value₹2

Market Lot1

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What is the Gujarat Gas share price today?

The Gujarat Gas shares price on nse is Rs.551.65 today.

What is the market cap of Gujarat Gas shares on BSE ?

The company has a market capitalization of Rs.37975.04Cr

What is the PE & PB ratio of Gujarat Gas shares ?

PE is 34.46 and PB is 5.38

What is the 52 Week High and Low of Gujarat Gas shares?

Gujarat Gas stock price high: Rs.620.6 Gujarat Gas stock price low: Rs.397.2

What is the Gujarat Gas stock forecast?

The 3-year returns of Gujarat Gas have shown a positive movement with returns at +82.37. However, for the past one year, returns have been in the negative at -11.35%. Forecasting any stock is not possible as many factors may affect stock prices. These include, but are not restricted to the company’s financial performance, market conditions, general economic conditions and many more. While investing, investors must do adequate research to make informed decisions depending on their financial aims and plans.

What is the Gujarat Gas stock's highest price ever?

Gujarat Gas highest stock price ever was on 6 August 2021 at Rs. 778.90.

What is the Gujarat Gas stock price target for 2025?

The Gujarat gas stock price target cannot be determined so far into the future for the year 2025.

Does Gujarat Gas have a solid foundation?

Gujarat Gas is a PSU, public sector undertaking. It is owned, managed and controlled by the Indian government. It is involved in the business of natural gas in India. The company deals with the distribution of natural gas from supply sources to end users. The company is also engaged in providing PNG and CNG connections to both commercial and non-commercial customers, mainly in South and Central Gujarat and the areas of Saurashtra. In terms of city gas distribution, this is India’s largest player having 27 CGD licences spread over 40 districts.

While understanding whether Gujarat Gas has a solid foundation, different aspects of the company must be considered, like its background, its reach, its performance in the industry and the demand for its goods and services.

What is the Gujarat Gas stock dividend payout date?

The last final dividend of Gujarat Gas was paid on 19 August 2022. There is no information on further dividends as of now.

What are the most recent Gujarat Gas stock news?

Some of the recent news about Gujarat Gas is that gas distribution players like Gujarat Gas, along with ATGL and Torrent Gas have cut PNG prices. In other news, Gujarat Gas has also cut industrial segment prices by Rs. 3.59/SCM.