INSUBCONTINENT EXCLUSIVE:
Chandan Taparia of Motilal Oswal Securities has a buy call on Gujarat Gas Ltd
with a target price of Rs 228.0
The current price of Gujarat Gas Ltd
Chandan Taparia recommended to keep a stoploss at Rs 210
Gujarat Gas Ltd., incorporated in the year 2012, is a Mid Cap company (having a market cap of Rs 14910.53 Crore) operating in Gas -
key Products/Revenue Segments include Gas Natural which contributed Rs 7927.55 Crore to Sales Value (99.56 % of Total Sales) and Other
Operating Revenue which contributed Rs 34.93 Crore to Sales Value (0.43 % of Total Sales)for the year ending 31-Mar-2019
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 2512.91 Crore, down -3.89 % from last quarter Sales
of Rs 2614.61 Crore and up 27.93 % from last year same quarter Sales of Rs 1964.34 Crore Company has reported net profit after tax of Rs
517.36 Crore in latest quarter
The company’s top management includes Dr.J N Singh, Mr.Jal Patel, Mr.K D Chatterjee, Mr.Milind Torawane, Mr.Pankaj Joshi, Mr.Sanjeev
Kumar, Prof.Piyush Kumar Sinha, Prof.Vishal Gupta
Company has S R Goyal - Co
as its auditoRs As on 30-09-2019, the company has a total of 688,390,125 shares outstanding.