Gujarat Gas is currently trading at Rs. 724.60, up by 6.00 points or 0.83% from its previous closing of Rs. 718.60 on the BSE.
The scrip opened at Rs. 724.00 and has touched a high and low of Rs. 734.00 and Rs. 716.00 respectively. So far 710 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 973.95 on 03-Nov-2017 and a 52 week low of Rs. 660.55 on 12-Sep-2018.
Last one week high and low of the scrip stood at Rs. 756.65 and Rs. 660.55 respectively. The current market cap of the company is Rs. 9932.78 crore.
The promoters holding in the company stood at 60.89%, while Institutions and Non-Institutions held 16.76% and 22.35% respectively.
Gujarat Gas has accepted the authorisation of PNGRB to lay, build, operate, or expand City or Local Natural Gas Distribution network (CGD network) for the Geographical Area of Narmada (Rajpipla) District in the State of Gujarat. PNGRB had issued the letter dated September 06, 2018 for Grant of Authorisation to Gujarat Gas for the same.
The company has been granted 300 months of infrastructure exclusivity i.e. valid up to September 05, 2043 and 96 months of marketing exclusivity valid up to September 05, 2026 for the CGD network. Further, the authorised area for laying, building, operating or expanding the proposed CGD Network shall cover a geographical area of 2,817 sq. km.
Gujarat Gas (formerly Gujarat Gas Company) is engaged in processing, transmission, and distribution of natural gas. It supplies gas to industrial, commercial and domestic customers.
| Company Name | CMP |
|---|---|
| GAIL India | 159.90 |
| Gujarat Gas | 372.00 |
| Indraprastha Gas | 168.20 |
| Mahanagar Gas | 1141.95 |
| Adani Total Gas | 622.25 |
| View more.. | |
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