Gujarat Gas 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 2024F&O Strategy: Buy Reliance, Amara Raja Energy, Gujarat Gas, suggests Rupak De as Indian stock market remain volatile
F&O Strategy: Technical views on F&O market by Rupak De, Senior Technical Analyst, LKP Securities. De suggests buying Reliance Industries Ltd (RIL), Amara Raja Energy & Mobility Ltd, and Gujarat Gas Ltd.
4 min read30 Sep 2024Stock in focus: Rajesh Palviya of Axis Securities recommends Gujarat Gas, Triveni Engg, and CanFin Homes today
Stock in focus: Rajesh Palviya has recommended to buy, hold, and accumulate Gujarat Gas Ltd, Triveni Engineering & Industries Ltd, and CanFin Homes Ltd.
4 min read14 Jun 2024Buy or sell: Sagar Doshi of Nuvama recommends Navin Fluorine, Gujarat Gas, and Bajaj Finance for tomorrow
Buy or sell stocks: Sagar Doshi of Nuvama Professional Clients Group recommends these three stocks for tomorrow - Navin Fluorine International Ltd, Gujarat Gas Ltd, and Bajaj Finance Ltd.
3 min read19 Mar 2024Gujarat Gas share price falls 6%; several brokerages downgrade stock after Q3 result
Gujarat Gas share price is up 46 per cent from its 52-week low level and 6 per cent down from its 52-week high level.
3 min read16 Feb 2024Gujarat Gas Q4 Results: Net profit falls 16% to ₹369 crore, dividend declared
The company’s board has declared a dividend of ₹6.65 per equity share of ₹2 each to the shareholders for fiscal 2022-23.
1 min read10 May 2023CNG, PNG prices drop, which oil and gas stocks to buy?
The Government of India has passed several key recommendations made by the KiritParikh Committee with respect to the pricing of natural gas produced from APM fields. These are legacy fields and largely held by PSUs like ONGC.
3 min read9 Apr 2023Popular 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