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GUJARAT STATE PETRONET LTD.197.95 -4.65 (-2.30%)

  • BSE: 509152
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  • ISIN NO: INE246F01010
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  • INDUSTRY: Utilities:Non-Elec.


Gujarat State Petronet Limited or GSPL

Gujarat State Petronet or GSPL was incorporated in the year 1998. It was primarily developed to link various supply sources and users of natural gas in Gujarat via a pipeline network. It is India's only company to transmit natural gas to its clients without any trading involved. Also, the company is a subsidiary of Gujarat State Petroleum Corporation or GSPC. It has taken the initiative for developing energy-transportation infr ... astructure in Gujarat and connecting primary natural gas supply sources and the demand markets. GSPC recognized the primary concern of Gujarat for infrastructure development to support both the future hydrocarbon economy and industry. The company incorporated Gujarat State Petronet with a purpose to develop a high–pressure pipeline network for the transportation of natural gas in Gujarat. The company has received a certification of ISO 9001: 2000 for both operation and maintenance processes. Presently the company operates a medium–to–high-pressure gas transmission grid comprising approximately 1130 km of a natural gas pipeline from Hazira to the Kalol. Also, Gujarat is the first state for planning and executing a state-wide gas grid on the open access principle to become the Petro capital of India. The company has also planned to lay high–pressure pipelines that will cover various industrial belts and major cities of Gujarat. Due to this, the state government has given the Infrastructure Project' status to the company. Also, it is the only gas grid in the country that functions on an open-access basis. Both GSPL and its partners are expected to commission Mallavaram–Bhopal–Bhilwara–Vijapur (1585 km), Mehsana–Bhatinda (1670 km) and Bhatinda–Jammu– Srinagar (740 km) pipeline projects within next 3 years. GSPL has a mulling liquefied natural gas or LNG terminal at Sikka in Jamnagar district on the West Coast. The move is focused at securing supplies for its proposed 4,000 km long cross-country natural gas transmission pipeline.

Some of its Group Companies are:

  • Gujarat State Petroleum Corporation (GSPC)
  • GSPC Gas
  • Sabarmati Gas
  • GSEG
  • GPPC
  • GIPL

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Key Data
  • Market cap 11098.00 CR.
  • Book value 119.15
  • Stock P/E 10
  • Dividend Yield 1.02%
  • ROCE 17.53%
  • ROE 17.79%
  • Sales Growth (3Y) 32.10%
  • Face Value (3Y) 10.00
Trend Analysis
  • Short Term Trend :
  • Medium Term Trend :
    Not Clear
  • Long Term Trend :
    Not Clear

Are you friends with trend?

There is a saying in stock market, "Trend is your best friend"

It means, a good trader doesn't place his money against the trend. Many new traders lose money because they are trying to catch trend reversals but seasoned traders wait for a clear trend to emerge before taking the trade in the direction of trend.

Day Technicals

What is Opening Range Breakout?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.


What is NR7 trading strategy?

Narrow Range trading strategy or NR7 Trading strategy is a breakout based method which assumes that the price of security trends up or down after a brief consolidation in a narrow range.

Opening Price clues

How to use Opening Price Clues in your trades?

If the stock has same open and high after it has traded for some time, it implies there was a consistent selling pressure that didn't allow the stock to move higher from the opening price. Similarly, if the stock has same open and low price, it implies there was a consistent buying intent that kept the stock price above the opening price.

Day High Low Range
10 AM - -
11 AM - -
12 PM - -
1 PM - -
2 PM - -
Japanese Candlestick Patterns
Candle Pattern 1 :None
Candle Pattern 2 : None
Candle Pattern 3 :None
Candlestick Price Action
Lower High Lower Low
Pivot Points
Name S4 S3 S2 S1 Pivot Points R1 R2 R3 R4
classic 190.57 194.82 199.07 200.83 203.32 205.08 207.57 211.82 216.07
woodie's 195.18 199.43 200.49 203.68 204.74 207.92 208.99 212.18 216.42
fibonacci - 199.07 200.69 201.69 203.32 204.94 205.94 207.57 -
camarilla 200.26 201.43 201.82 202.21 -- 202.99 203.38 203.77 204.94
Past Performance & Moving Averages
10 DAY 195.65
207.64 -3.84 % 0.10 %
20 DAY 195.65
212.06 -6.16 % 2.30 %
50 DAY 186.45
213.69 -7.95 % 8.53 %
100 DAY 177.40
204.92 10.56 % 21.59 %
200 DAY 177.40
205.54 -0.32 % 33.90 %
YTD 195.65
210.43 -6.96 % 2.72 %
52 Week 146.15
211.61 -19.78 % 18.71 %

Why are moving Averages important in technical Analysis?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

Gaps On Day Chart
Unfilled Gap Up On 2020-11-17
190.00 ~ 189.85 SUPPORT
Industry Growth Rate

In Last 1 Year the industry has grown by -28.03 %

In Last 5 Year the industry has grown by 0.00 %

Peer comparison


COMPANY NAME20152016201720182019
Total 13666.40 12117.60 12494.40 14091.60 18990.00 13666.40


1 GAIL (INDIA) LTD. 59984.70 133.00 99.83
2 INDRAPRASTHA GAS LTD. 37513.23 536.00 64.66
3 GUJARAT STATE PETRONET LTD. 11159.97 197.85 111.26
4 Mahanagar Gas Ltd 10375.27 1050.75 274.70
5 A2Z Infra Engineering Limited 7249.26 4.11 38.84
6 Jiya Eco-Products Ltd 2982.74 9.97 26.20
7 VA TECH WABAG LTD. 1047.29 191.50 174.54

What is Sales Trend ?

Sales trend is a methodology to understand sales results which helps in understanding the trends of the market over a specific period of time. Sales results are an indicative of the sales patterns followed by the customer over a time period.


What is Profit & EPS Trend ?

EPS Trends was initially built in late 2015 when I was just getting into frontend development. Coming from a background in Rails, I was frustrated with how many decisions you had to make early on as a javascript developer.

Net Profit

What is EBITDA Margin & EBIT Margin ?

Corporate accounting is required to adhere to the standards and practices collectively referred to as the generally accepted accounting principles. EBITDA is an excellent way for corporate accountants to start compiling data, but it should not be considered an absolute result. This is due to the fact that many consider EBITDA more of a broad stroke than a definitive form of accounting practice.

EBIT Margin
Cash Flow

Why is the Cash Flow Analysis important?

A business needs cash to pay its expenses, to pay bank loans, to pay taxes and to purchase new assets. A cash flow report determines whether a business has enough cash to do exactly this.

Operating Activities
Financing Activities
Investing Activities
Financial Health

What Is Financial Health?

Financial health is a term used to describe the state of one's personal monetary affairs. There are many dimensions to financial health, including the amount of savings you have, how much you’re putting away for retirement, and how much of your income you are spending on fixed or non-discretionary expenses.

Debt to Equity
Piotroski Score
  • 0
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9

What Is the Piotroski Score?

The Piotroski score is a discrete score between 0-9 that reflects nine criteria used to determine the strength of a firm's financial position.

Altman Z Score (Mfg Company)
  • Distress (< 1.81)
  • 2.08
    Caution (>1.81 < 2.99)
  • Safe (3 & above)
Altman Z Score (Non-Mfg Company)
  • Distress ( < 1.23)
  • 2.58
    Caution (>1.23 < 2.6)
  • Safe (2.6 & above)

What Is Valuation?

Valuation is the analytical process of determining the current (or projected) worth of an asset or a company. There are many techniques used for doing a valuation. An analyst placing a value on a company looks at the business's management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets, among other metrics.

What is the significance of Rollover data?

Rollover in an important data point and should be analyzed in the expiry week. Rollover involves carry forwarding of ‘futures’ positions from one series (which is nearing expiry date) to the next one.

Rollover percentage actually indicates whether the traders are willing to carry forward their existing. positions (long or short) to the next series or not. Generally, the rollover figures alone will not indicate which direction traders are betting on. You should also check whether absolute open interest is increasing or decreasing over expiries

What is Options Max Pain Theory?

Options Max Pain Theory suggests,

“On option expiration day, the underlying stock price often moves toward a point that brings maximum loss to option buyers.”

Ratio Analysis

The Bank was incorporated in the year 2004 by Rana Kapoor and Late Ashok Kapur, which is a new age private sector bank. And since the inception of the bank has fructified into a “Full-Service Commercial Bank,” it has steadily built Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the whole country.

It is well-equipped to offer a spectrum of products and services to all the corporate and retail customers.

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Bulk Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
GSPL 2007-11-29 RTB DWS BRIC EXTENSIVE PLUS MOTHER P 18800000.00 74.00
GSPL 2007-11-29 IDFC INFRASTRUCTURE FUND S 18900000.00 74.01
GSPL 2006-03-13 IDFC INFRASTRUCTRE FUND I S 19000000.00 37.00
GSPL 2006-03-13 HSBC GLOBAL INVESTMENT FU P 19000000.00 37.00
GSPL 2006-02-16 IDFC INFRASTRUCTURE FUND S 5000000.00 41.00
GSPL 2006-02-16 FRANKLIN TEMPLETON INVEST P 5000000.00 41.00
GSPL 2006-02-16 AMU SHARES AND SEC LTD P 1660552.00 42.34
GSPL 2006-02-16 AMU SHARES AND SEC LTD S 1660552.00 42.24
Block Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
Dividend history
Ex Date Amount
2019-09-12 2.00
2018-09-19 1.75
2017-09-20 1.50
2016-09-14 1.50
2015-09-15 1.20
2014-09-18 1.00
2013-09-19 1.00
2012-09-13 1.00
2011-09-15 1.00
2010-09-13 1.00
2009-11-26 0.75
2008-09-15 0.50
2007-09-10 0.50
Bonus Data
Company Name Split Date From Value To Value
Split Data
Company Name Split Date From Value To Value