Analyst Rating
based on 29 analysts
41.38%
Buy
10.34%
Hold
48.28%
Sell
Based on 29 analysts offering long term price targets for Gujarat Gas Ltd. An average target of ₹578.62
Source: S&P Global Market Intelligence
Gujarat Gas Ltd Share analysis
Gujarat Gas Ltd price forecast by 29 analysts
Downside of
High
₹755
Target
₹578.62
Low
₹420
Gujarat Gas Ltd target price ₹578.62, a slight downside of -7.27% compared to current price of ₹616.5. According to 29 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Gujarat Gas Ltd revenue growth forecast
Expected growth rate Q1, FY2026:21.72%
Forecast
Actual
Including amortisation and stock based compensations
Gujarat Gas Ltd EPS growth forecast
EPS estimate Q1, FY2026:45.39%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹614.9₹625.7552 Week's Low
52 Week's High
₹397.05₹689.95
| Returns % | |
| 1 Month Return | + 5.62 % |
| 3 Month Return | -1.78 % |
| 1 Year Return | + 37.68 % |
| Market Stats | |
| Previous Close | ₹623.95 |
| Open | ₹623.80 |
| Volume | 8.34L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹42,952.10Cr |
Key Statistics
| P/E Ratio | 34.15 |
| PEG Ratio | -22.62 |
| Market Cap | ₹42,952.10 Cr |
| P/B Ratio | 4.87 |
| EPS | 16.61 |
| Dividend Yield | 1.04 |
| Sector | Gas Distribution |
| ROE | 15.56 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹42,952.10 Cr | 53.73% | 0.52 | ₹1,143 Cr | ₹15,690 Cr | |
| HOLD | ₹38,367.04 Cr | 12.99% | 0.51 | ₹1,983 Cr | ₹14,000 Cr | |
| HOLD | ₹22,915.45 Cr | 17.42% | 0.51 | ₹2,183 Cr | ₹17,294 Cr | |
| ₹50,122.50 Cr | 5.38% | 0.59 | ₹3,527 Cr | ₹52,729 Cr | ||
| HOLD | ₹1,44,474.66 Cr | 28.85% | 0.64 | ₹9,902 Cr | ₹1,33,228 Cr |
Mutual Fund Holdings
Company Information
Share Price: ₹616.50 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹42,952.10Cr as of today
Revenue: ₹4,450.30Cr as on June 2024 (Q2 24)
Net Profit: ₹330.71Cr as on June 2024 (Q2 24)
Listing date: 15 Sep, 2015
Chairperson Name: RAJ KUMAR
| Organisation | Gujarat Gas Ltd |
| Headquarters | Ahmedabad |
| Industry | Gas Distribution |
| E-voting on shares | Click here to vote |
Key events for Gujarat Gas Ltd
Gujarat Gas Ltd Faces Valuation Concerns Post-Merger - 13 Sep, 2024
Gujarat Gas Ltd shares have surged 41% over the past year, but high valuation at a PE of 38.1 raises concerns. The merger with GSPC's E&P segment may lead to volatility, prompting investors to consider profit booking. The dividend yield is also low at 0.9%.
CRISIL Ratings Places Gujarat Gas on Watch - 11 Sep, 2024
CRISIL Ratings has placed Gujarat Gas on 'watch with developing implications' due to the proposed merger with GSPC and GSPL. The merger is expected to enhance synergy benefits, but critical information is still awaited. Gujarat Gas remains the largest city gas distribution company in India, though its stock slipped 1.86% to Rs 642.
Gujarat Gas Merges for Enhanced Operations and Revenue - 10 Sep, 2024
Gujarat Gas is set to merge with three Gujarat government energy companies, creating synergies, expanding operations, and enhancing revenue and margins as a unified entity.
Gujarat Gas Declares Final Dividend of Rs 5.66 - 09 Sep, 2024
Gujarat Gas Ltd has declared a final dividend of Rs 5.66 per share, with the ex-date set for September 9. The company has shown strong performance, with significant revenue and volume growth in Q1FY25.
Gujarat Gas Gains Amid Positive Merger Insights - 03 Sep, 2024
Gujarat Gas saw significant stock gains, with analysts providing mixed ratings. ICICI Securities recommends a buy, while JPMorgan remains cautious due to high valuations. Nomura highlights merger benefits, including tax credits and EPS growth potential.
Gujarat Gas Shares Surge on Restructuring News - 02 Sep, 2024
Gujarat Gas Ltd's shares soared following the announcement of a merger with GSPC and GSPL, aimed at simplifying its structure and unlocking value. Analysts project significant operational improvements and maintain positive outlooks, with target prices reaching Rs 715.
Gujarat Gas Merges with GSPC and Others - 01 Sep, 2024
Gujarat Gas Limited's board has approved a significant merger with Gujarat State Petroleum Corporation, GSPC Energy, and Gujarat State Petronet, along with a demerger of its gas transmission business, which will be listed separately as GSPL Transmission Limited.
Gujarat Gas Approves Amalgamation and Demerger Plan - 31 Aug, 2024
Gujarat Gas Limited's board approved a scheme of arrangement involving amalgamation with GSPC, GSPC Energy, and GSPL, including a demerger of its Gas Transmission Business into GSPL Transmission Limited, which will be separately listed.
Insights on Gujarat Gas Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 5 quarters, 3.80K Cr → 4.48K Cr (in ₹), with an average increase of 4.0% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 3.72% to 4.31% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, GAIL India Ltd has given 120.0% return, outperforming this stock by 122.2%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 60.89% of holdings in Jun 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, GAIL India Ltd has given 77.9% return, outperforming this stock by 40.2%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 13.33% to 13.03% in Jun 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 410.48 Cr → 330.71 Cr (in ₹), with an average decrease of 19.4% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 7.70% to 7.47% in Jun 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, GUJGASLTD stock has moved down by -3.2%
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 60.89% | 0.00 | |
| Foreign Institutions | 4.31% | 15.92 | |
| Mutual Funds | 7.47% | ||
| Retail Investors | 13.03% | ||
| Others | 14.29% |
Key Indicators
Gujarat Gas Ltd Valuation
Gujarat Gas Ltd in the last 5 years
Lowest (12.83x)
April 3, 2020
Industry (21.95x)
September 17, 2024
Today (34.15x)
September 17, 2024
Highest (42.23x)
June 11, 2019
Earnings and Dividends
Gujarat Gas Ltd Earnings Results
Gujarat Gas Ltd’s net profit jumped 53.14% since last year same period to ₹330.71Cr in the Q1 2024-2025. On a quarterly growth basis, Gujarat Gas Ltd has generated -19.43% fall in its net profits since last 3-months.
Read More about Earnings ResultsGujarat Gas Ltd Dividends May,2024
In the quarter ending March 2024, Gujarat Gas Ltd has declared dividend of ₹5.66 - translating a dividend yield of 1.97%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Gujarat Gas Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Gujarat Gas Ltd (GUJGASLTD) share price today is ₹616.5
Gujarat Gas Ltd is listed on NSE
Gujarat Gas Ltd is listed on BSE
- Today’s highest price of Gujarat Gas Ltd is ₹625.75.
- Today’s lowest price of Gujarat Gas Ltd is ₹614.9.
PE Ratio of Gujarat Gas Ltd is 34.15
PE ratio = Gujarat Gas Ltd Market price per share / Gujarat Gas Ltd Earnings per share
Today’s traded volume of Gujarat Gas Ltd(GUJGASLTD) is 8.34L.
Today’s market capitalisation of Gujarat Gas Ltd(GUJGASLTD) is ₹42952.1Cr.
| Gujarat Gas Ltd(GUJGASLTD | Price |
|---|---|
52 Week High | ₹689.95 |
52 Week Low | ₹397.05 |
Gujarat Gas Ltd(GUJGASLTD) share price is ₹616.5. It is down -10.65% from its 52 Week High price of ₹689.95
Gujarat Gas Ltd(GUJGASLTD) share price is ₹616.5. It is up 55.27% from its 52 Week Low price of ₹397.05
| Gujarat Gas Ltd(GUJGASLTD | Returns |
|---|---|
1 Day Returns | -7.45% |
1 Month Returns | 5.62% |
3 Month Returns | -1.78% |
1 Year Returns | 37.68% |