GSPL is currently trading at Rs. 130.10, up by 2.25 points or 1.76% from its previous closing of Rs. 127.85 on the BSE.
The scrip opened at Rs. 128.00 and has touched a high and low of Rs. 132.55 and Rs. 128.00 respectively. So far 23,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 141.30 on 10-Aug-2015 and a 52 week low of Rs. 104.30 on 11-Mar-2015.
Last one week high and low of the scrip stood at Rs. 132.55 and Rs. 127.00 respectively. The current market cap of the company is Rs. 7,315.00 crore.
The promoters holding in the company stood at 37.70%, while Institutions and Non-Institutions held 45.35% and 16.95% respectively.
Gujarat State Petronet (GSPL) along with other promoters of Sabarmati Gas (SGL) has entered in to the share purchase agreement with the financial investors of Sabarmati Gas and SGL, wherein, GSPL has agreed to purchase 27,43,070 number of equity shares having face value of Rs 10 each (constituting 13.71% of the total paid-up equity share capital of SGL) from the financial investors of SGL.
Upon fulfillment of the conditions of the share purchase agreement, SGL will become an associate company of GSPL with GSPL holding 27.47% of the fully paid up equity share capital SGL.
Sabarmati Gas is operating the City Gas Distribution network in the districts of Gandhinagar, Mehsana and Sabarkantha in northern Gujarat.
Company Name | CMP |
---|---|
Gujarat Gas | 550.80 |
Indraprastha Gas | 443.40 |
Mahanagar Gas | 1297.00 |
Adani Total Gas | 1039.15 |
Guj. State Petronet | 290.00 |
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