Gujarat Gas Company is currently trading at Rs. 222.90, up by 0.20 points or 0.09 % from its previous closing of Rs. 222.70 on the BSE.
The scrip opened at Rs. 222.15 and has touched a high and low of Rs. 225.45 and Rs. 220.00 respectively. So far 2019 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 305.80 on 19-Nov-2013 and a 52 week low of Rs. 159.00 on 07-Aug-2013.
Last one week high and low of the scrip stood at Rs. 238.90 and Rs. 221.00 respectively. The current market cap of the company is Rs. 2859.98 crore.
The promoters holding in the company stood at 73.70% while Institutions and Non-Institutions held 17.84% and 8.46% respectively.
Gujarat Gas Company has executed amendment agreements with GAIL (India) on February 20, 2014, for the supply of Administered Price Mechanism (APM) gas for 0.4512 million metric standard cubic meters per day (mmscmd) on firm basis and for Panna-Mukta and Tapti (PMT) gas for 0.1016 mmscmd on firm basis.
The Company has executed amendment agreements pursuant to the Ministry of Petroleum and Natural Gas (MoPNG) guidelines on dated February 03, 2014.
Gujarat Gas, a 65.12 per cent subsidiary of BG Asia, is India’s largest private sector natural gas distribution company in terms of sales volumes, with operations in Gujarat. The company distributes natural gas to domestic, commercial and industrial consumers, and compressed natural gas as automobile fuel, in the cities of Surat, Ankleshwar, Bharuch, and surrounding areas.
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