Gujarat Gas Ltd

  • BSE Code : 539336
  • NSE Symbol : GUJGASLTD
  • ISIN : INE844O01030
  • Industry :MISCELLANEOUS

up-arrow 553.75 2.05(0.37%)

Open Price ()

555.00

Prev. Close ()

551.70

Volume (No’s)

109,258

Market Cap ()

38,119.60

Low Price ()

551.15

High Price ()

558.20

 

Corporate Announcement

15-May-2024 Gujarat Gas Limited - Analysts/Institutional Investor Meet/Con. Call Updates
13-May-2024 Gujarat Gas Limited - Disclosure under SEBI Takeover Regulations
10-May-2024 Gujarat Gas Limited - Disclosure under SEBI Takeover Regulations
09-May-2024 Gujarat Gas Limited - Analysts/Institutional Investor Meet/Con. Call Updates
08-May-2024 Gujarat Gas Limited - Investor Presentation

Stock Summary

Market Cap(₹Cr.)

38,098.95

P/E (TTM)

34.59

Book value ()

111.70

Div Yield (%)

1.02

EPS (TTM)

16

Face Value ()

2.00

Technical Analysis

Key Level

Resistance 1

557.80

Resistance 2

563.90

Support 1

544.50

Support 2

537.30

Moving Average

30 Days

547.92

50 Days

548.56

100 Days

545.33

200 Days

491.96

Peers Group

Company Market Cap (₹in Cr.) P/E (x) P/B(x) EV / EBITDA(x) Dividend Yield(%) EPS
Gujarat Gas Ltd 38,098.95 34.59 4.52 2519.67 1.02 16
GAIL (India) Ltd 137,255.21 15.53 1.24 9383.6 2.63 13.44
Adani Total Gas Ltd 100,346.67 153.6 32.47 907.38 0.03 5.94
Petronet LNG Ltd 47,010.00 13.78 2.3 5429.39 3.19 22.75
Indraprastha Gas Ltd 31,090.54 17.79 4.23 2317.94 2.03 24.97

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Share Holding

CATEGORY NO. OF SHARES PERCENTAGE (%)
Total Foreign 26955202 3.92
Total Institutions 103571649 15.05
Total Govt Holding 48226965 7.01
Total Non Promoter Corporate Holding 52558561 7.64
Total Promoters 419183540 60.89
Total Public & others 37894208 5.51
Total 688390125 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

Corporate Actions

About Company

Gujarat Gas Limited (formerly known as GSPC Distribution Networks Limited), is India's largest city gas distribution player with presence spread across 44 Districts in the State of Gujarat and Union Territory of Dadra Nagar Haveli and Thane GA which includes Palghar district of Maharashtra. The company has around 35,650 km of gas pipeline network. It has 808 CNG stations and provides close to 9.75 mmscmd of Natural Gas to over 19.28 lakhs households and over 4360 industrial customers. The Company was incorporated as a public limited company on 21 February 2012 and is presently engaged in Natural Gas Business in India.

In October 2012, Gujarat State Petroleum Corporation (GSPC) announced that it had signed definitive agreement for acquiring 65.12% equity stake in Gujarat Gas Company Limited (GGCL) from London-based British Gas Group through Gujarat Gas Limited (GGL). GGL paid Rs 295 per share to BG Group for acquiring its 65.12% stake in GGCL, aggregating to Rs 2463.46 crore. GGL acquired further 8.58% stake in GGCL through an open offer to the shareholders of GGCL at a price of Rs 314.17 per share, aggregating to Rs 347.68 crore.

The Members of the Board at its meeting held on 24 February 2014 granted in-principle to the consolidation by way of amalgamation of GGL, GSPC Ga...

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