Gujarat Gas Share Price
- Advice
- Hold
Start SIP in Gujarat Gas
Start SIPGujarat Gas Performance
Day Range
- Low 596
- High 608
52 Week Range
- Low 397
- High 690
- Open Price604
- Previous Close603
- Volume648560
Gujarat Gas F&O
Gujarat Gas Investment Rating
-
Master Rating:
-
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 50DMA and around 7% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further 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 47 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 144 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.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 4,450 | 4,134 | 3,929 | 3,845 | 3,782 | 3,929 |
| Operating Expenses Qtr Cr | 3,915 | 3,543 | 3,528 | 3,349 | 3,394 | 3,368 |
| Operating Profit Qtr Cr | 536 | 591 | 401 | 497 | 388 | 560 |
| Depreciation Qtr Cr | 123 | 121 | 120 | 118 | 115 | 109 |
| Interest Qtr Cr | 8 | 7 | 7 | 8 | 7 | 6 |
| Tax Qtr Cr | 114 | 140 | 76 | 103 | 74 | 107 |
| Net Profit Qtr Cr | 330 | 410 | 220 | 298 | 215 | 369 |
Gujarat Gas Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 3
- Bearish Moving Average
- ___
- 13
- 20 Day
- ₹614.55
- 50 Day
- ₹619.53
- 100 Day
- ₹609.13
- 200 Day
- ₹580.11
- 20 Day
- ₹616.41
- 50 Day
- ₹624.15
- 100 Day
- ₹616.14
- 200 Day
- ₹580.17
Gujarat Gas Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 604.90 |
| Second Resistance | 612.25 |
| Third Resistance | 616.95 |
| RSI | 39.92 |
| MFI | 48.33 |
| MACD Single Line | -5.35 |
| MACD | -7.31 |
| Support | |
|---|---|
| First Support | 592.85 |
| Second Support | 588.15 |
| Third Supoort | 580.80 |
Gujarat Gas Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 674,978 | 28,085,835 | 41.61 |
| Week | 1,099,382 | 38,060,612 | 34.62 |
| 1 Month | 1,072,992 | 43,005,517 | 40.08 |
| 6 Month | 1,818,949 | 53,386,146 | 29.35 |
Gujarat Gas Result Highlights
Gujarat Gas Synopsis
NSE-Utility-Gas Distribution
Gujarat Gas is involved in the business activities of Manufacture of gas; distribution of gaseous fuels through mains. Company’s Total Operating Revenue is Rs. 15690.19 Cr. and Equity Capital is Rs. 137.68 Cr. for the Year ended 31/03/2024. Gujarat Gas Ltd. is a Public Limited Listed company incorporated on 21/02/2012 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L40200GJ2012SGC069118 and registration number is 069118.| Market Cap | 41,135 |
| Sales | 16,359 |
| Shares in Float | 26.85 |
| No of funds | 227 |
| Yield | 0.95 |
| Book Value | 5.35 |
| U/D Vol ratio | 1.9 |
| LTDebt / Equity | |
| Alpha | 0.06 |
| Beta | 0.94 |
Gujarat Gas Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 60.89% | 60.89% | 60.89% | 60.89% |
| Mutual Funds | 7.47% | 7.7% | 6.56% | 6.56% |
| Insurance Companies | 7.28% | 7.34% | 7.39% | 6.45% |
| Foreign Portfolio Investors | 4.31% | 3.72% | 3.34% | 3.8% |
| Financial Institutions/ Banks | 0.01% | |||
| Individual Investors | 4.79% | 4.93% | 6.27% | 6.51% |
| Others | 15.26% | 15.42% | 15.54% | 15.79% |
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 ₹597 As on 10 October, 2024 | 07:50
What is the Market Cap of Gujarat Gas ?
The Market Cap of Gujarat Gas is ₹41134.8 Cr As on 10 October, 2024 | 07:50
What is the P/E ratio of Gujarat Gas ?
The P/E ratio of Gujarat Gas is 32.7 As on 10 October, 2024 | 07:50
What is the PB ratio of Gujarat Gas ?
The PB ratio of Gujarat Gas is 5.3 As on 10 October, 2024 | 07:50
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