Gujarat News
IGL, Mahanagar Gas, Gujarat Gas stocks fall up to 40% in three months. What lies ahead for these CGD Stocks?
CGD stocks, including Indraprastha and Mahanagar Gas, have experienced a significant decline of 23%-43% over three months. Challenges include reduced APM gas availability and potential regulatory impacts, prompting Elara Capital to downgrade stock ratings and predict ongoing margin pressures.
2 min read21 Nov 2024MGL, IGL & other CGD stocks plunge up to 15% after cut in priority gas allocation
According to analysts, a further 18–20% reduction in APM gas allocation to CGDs, over and above the 13–14% de-allocation announced last month, is a big blow to the structural growth of the sector.
2 min read18 Nov 2024Gujarat State Fertilizers & Chemicals Q2 Results 2024: Profit Falls by 3.46% YoY
Gujarat State Fertilizers & Chemicals Q2 Results 2024 on 14 Nov, 2024: Revenue decreased by 15.5% YoY & profit decreased by 3.46% YoY, profit at ₹298.22 crore and revenue at ₹2635.17 crore.
1 min read14 Nov 2024Q2FY25 results effect: Smallcap stock below ₹50 hits upper circuit for second day in a row
Gujarat Toolroom’s shares hit the 2% upper circuit at ₹12.16 after strong Q2FY25 results, with net profit soaring to ₹26.78 crore. Total income rose 73% year-on-year to ₹271 crore. The stock remains over 73% below its 52-week high despite recent gains.
2 min read12 Nov 2024Gujarat State Financial Q2 Results Live: Loss Rises by 1.85% YoY
Gujarat State Financial Q2 Results Live: Revenue decreased by 65.08% YoY & loss increased by 1.85% YoY
1 min read9 Nov 2024Gujarat State Petronet Q2 Results Live: Profit Falls by 38.04% YoY
Gujarat State Petronet Q2 Results Live: Revenue decreased by 5.71% YoY & profit decreased by 38.04% YoY.
1 min read8 Nov 2024Gujarat Pipavav Port Q2 Results Live: Profit Falls by 18.19% YoY
Gujarat Pipavav Port Q2 Results Live: Revenue decreased by 10.12% YoY & profit decreased by 18.19% YoY.
1 min read7 Nov 2024Gujarat Gas Company Q2 Results Live: Profit Rise by 4.22% YOY
Gujarat Gas Company Q2 Results Live: Revenue decreased by 1.06% YoY & profit increased by 4.22% YoY
1 min read7 Nov 2024Gujarat Mineral Development Corp Q2 Results Live: Profit Rises by 71.42% YOY
Gujarat Mineral Development Corp Q2 Results Live: Revenue increased by 54.94% YoY & profit increased by 71.42% YoY.
1 min read24 Oct 2024Gujarat Lease Financing Q2 results: profit at ₹0.02Cr, Revenue increased by 2.94% YoY
Gujarat Lease Financing Q2 results: Revenue increased by 2.94% YoY & profit at ₹0.02Cr.
1 min read18 Oct 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared