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Global energy prices are on the upswing after Brent crude prices surged to a ten-month high of over $90 per barrel.

Gas stocks boil up to 6% on Brent heat, but firm prices may cap gains

Gujarat Gas Ltd has increased the industrial gas price by Rs 2.50 to Rs 43.33 per standard cubic metre (scm) from the existing Rs 40.83 per scm effective from September 1

Gujarat Gas hikes industrial gas price from September 1

Gujarat Gas announced that CARE has reaffirmed the rating CARE AAA; Stable  CARE A1+ for the companys long term  short term bank facilities aggregating Rs 4000 crore. 

Gujarat Gas receives affirmation in ratings for bank facilities 

Gujarat Gas announced that the 11th Annual General Meeting (AGM) of the company will be held on 29 September 2023.

Gujarat Gas AGM scheduled

Gujarat Gas announced that dividend for FY 2022-23 will be paid on or before 28 October 2023. 

Gujarat Gas to pay dividend 

Gujarat Gas has hiked the price for industrial gas after five straight price cuts in 2023.

Gujarat Gas hikes industrial gas price from August 21: Sources

Gujarat Gas has received reaffirmation in credit ratings from CARE at CARE AAA; Stable  CARE A1+ for enhanced bank facilities from Rs 3,000 crore to Rs 4,000 crore.

Gujarat Gas receives affirmation in credit ratings from CARE 

Emkay Global Financial recommended hold rating on Gujarat Gas with a target price of Rs 480 in its research report dated August 04, 2023.

Hold Gujarat Gas; target of Rs 480: Emkay Global Financial

Prabhudas Lilladher recommended Accumulate rating on Gujarat Gas with a target price of Rs 516 in its research report dated August 04, 2023.

Accumulate Gujarat Gas; target of Rs 516: Prabhudas Lilladher

ICICI Securities recommended hold rating on Gujarat Gas with a target price of Rs 445 in its research report dated August 04, 2023.

Hold Gujarat Gas; target of Rs 445: ICICI Securities

Gujarat Gas Ltd. engages in the distribution of natural gas. Its businesses include Piped Natural Gas-Domestic, Piped Natural Gas-Industrial, Piped Natural Gas-Commercial, Compressed Natural Gas, and HAPi pipeline. The company was founded in 1989 and is headquartered in Ahmedabad, India.

Watchers	136
52-Wk Low	414.00
52-Wk High	539.10

Market Cap	285.65B
Volume (M)	2.09M
52-Wk High	539.10
52-Wk Low	414.00

GUJGASLTD.NSE Gujarat Gas Ltd

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