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Gujarat Gas Ltd.365.00 -10.55 (-2.81%)

  • BSE:
  • |
  • NSE: GUJGASLTD
  • |
  • ISIN NO: INE844O01030
  • |
  • INDUSTRY: OIL & GAS
Profile

GUJGASLTD

GUJGASLTD

The Company (also formerly known as GSPC Distribution Networks Limited) is India's largest city gas distribution player with the presence spread across 22 Districts in Gujarat and Union Territory of Dadra Nagar Haveli and Thane GA that includes Palghar district of Maharashtra. It also has India's largest customer base in major user segments. It also has about 20000 km of the gas pipeline network and 291 CNG stations, and it provides close to 6 mmscmd of Na ... tural Gas to more than 12.50 lakh households about 6 lakh vehicles and 3295 industrial customers. Also, Gujarat Gas Limited (also known as GSPC Distribution Networks Limited) was being incorporated as of 21 February 2012 as a public limited company under the Companies Act 1956 with an objective to carry on sale purchase supply distribution transport trading in Natural Gas CNG LNG & another Gaseous form via Pipelines Trucks/Trains or the other mode for transportation/distribution of Natural Gas CNG LNG LPG & the other Gaseous Form. In October 2012, it announced that it had signed a definitive agreement for acquiring a 65.12% equity stake in Gujarat Gas Company Limited (or GGCL) from London-based British Gas Group via Gujarat Gas Limited (or GGL). It also paid INR 295 per share to BG Group for acquiring its 65.12% stake in GGCL aggregating to INR 2463.46 crore. It also acquired a further 8.58% stake in GGCL via an open offer to the shareholders of GGCL for INR 314.17 per share aggregating to INR 347.68 crore. Also, the board members at its meeting being held on 24 February 2014 granted in-principle to the consolidation by way of amalgamation of GGL GSPC Gas GGCL GFSL and GTCL via a High Court approved Composite Scheme of Amalgamation and Arrangement. Also, the board meeting being held on 21 April 2014 approved the Scheme of Amalgamation. According to the Scheme, it has been vested with the city gas distribution (or CGD) business of GSPC Gas Gujarat Gas Company Limited (or GGCL) GFSL and GTCL with effect since 1 April 2013. Also, it was listed on the bourses on 15 September 2015. On 17 December 2015, it informed the stock exchanges that it had executed a Gas Purchase Contract for Regasified LNG with Gujarat State Petroleum Corporation Limited. It shall effectively enable GGL to purchase 0.50 mmscmd additional Regasified LNG on a long term basis that is valid up to 0600 hrs of 1 July 2025. On 4 June 2016, it informed the stock exchanges that PNGRB vide its letter as of 27 May 2016 has granted authorization to the company to lay build operate or expand the City or Local Natural Gas Distribution network (or CGD network) for the Geographical Area of Amreli district in Gujarat and GGL also accepted the authorization. Also, as per the provisions of the PNGRB (Exclusivity for City or Local Natural Gas Distribution Networks) Regulation 2008, it granted 300 months of infrastructure exclusivity, i.e., valid up to 26 May 2041 and 60 months of marketing exclusivity that is valid up to 26 May 2021 for the CGD network. Moreover, the authorized area for laying building operating or expanding the proposed CGD Network shall cover a geographical area of 7477 sq. Km. On 13 June 2016 Gujarat Gas (GGL) informed the stock exchanges that PNGRB vide its letter dated 6 June 2016 has granted authorization to the company to lay build operate or expand City or Local Natural Gas Distribution network (CGD network) for the Geographical Area of Dahej-Vagra Taluka Bharuch district in Gujarat and GGL has accepted the authorization. On 27 June 2016, it informed the stock exchanges that PNGRB has issued the letter dated 22 June 2016 for Grant of Authorisation to the company to lay build operate or expand City or Local Natural Gas Distribution network (or CGD network) for the Geographical Area of Ahmedabad district (and excluding the area already authorized) in Gujarat and GGL also accepted the authorization in Schedule D of the PNGRB vide a confirmation letter to PNGRB as of 27 June 2016. Also, as per the provisions of the PNGRB Regulation 2008, it was granted 300 months of infrastructure exclusivity, i.e., valid up to 26 June 2041 and 60 months of marketing exclusivity valid up to 26 June 2021 for the CGD network. Further, the Authorised area for laying building operating or expanding the proposed CGD Network shall cover a geographical area of 3636 sq. Km. On 7 July 2016 Gujarat Gas informed the stock exchanges that pursuant to the letter from the PNGRB dated 4 July 2016 for Grant of Authorisation to Gujarat Gas Limited (GGL) to lay build operate or expand City or Local Natural Gas Distribution network (CGD network) for the Geographical Areas of Panchmahal District and Anand District (excluding the area already authorized) in the State of Gujarat GGL has accepted both the authorization in Schedule D of the PNGRB vide a confirmation letter to PNGRB on 7 July 2016. Also, as per the provisions of the PNGRB Regulation 2008, it was granted 300 months of infrastructure exclusivity, i.e., valid up to 3 July 2041 and 60 months of marketing exclusivity and valid up to 3 July 2021 for each of the CGD networks. Moreover, the authorized area for laying building operating or expanding the proposed CGD Network covered up a geographical area of 3304 sq. Km for Panchmahal District and 1888.96 sq. Km for Anand District. On 30 May 2017, it announced that it has entered into a non-binding MoU with Petronet LNG Limited (or PLL) for exploring - dispensing and marketing of LNG including the L-CNG at GGL CNG stations.

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Key Data
  • Market cap 20793.00 CR.
  • Book value 47.80
  • Stock P/E 25
  • Dividend Yield 0.41%
  • ROCE 29.03%
  • ROE 43.64%
  • Sales Growth (3Y) 26.47%
  • Face Value (3Y) 2.00
Trend Analysis
  • Short Term Trend :
    Up
  • 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.

NR7

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
TIME LOWEST HIGHEST
10 AM 367.00 377.50
11 AM 362.05 377.50
12 PM 362.05 377.50
1 PM 362.05 377.50
2 PM 362.05 377.50
3 PM 362.05 377.50
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 338.92 351.27 363.62 369.58 375.97 381.93 388.32 400.67 413.02
woodie's 349.13 361.48 365.74 373.82 378.09 386.18 390.44 398.52 410.88
fibonacci - 363.62 368.33 371.25 375.97 380.68 383.60 388.32 -
camarilla 368.76 372.15 373.29 374.42 -- 376.68 377.81 378.95 382.34
Past Performance & Moving Averages
Day’s LOW HIGH RANGE SMA PERFORMANCE Nifty
10 DAY 369.00
396.95
382.50 -2.45 % 1.49 %
20 DAY 340.00
396.95
376.50 0.82 % 4.14 %
50 DAY 293.50
412.40
350.11 10.46 % 11.35 %
100 DAY 281.00
412.40
326.15 28.94 % 21.63 %
200 DAY 216.10
412.40
301.94 18.34 % 37.65 %
YTD 369.00
396.95
382.09 -0.01 % 3.16 %
52 Week 160.25
412.40
265.97 41.50 % 18.15 %

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 2020-11-06
305.00 ~ 303.00 SUPPORT
Unfilled Gap Up On 2020-06-03
255.00 ~ 253.80 SUPPORT
Unfilled Gap Up On 2019-03-07
126.00 ~ 124.50 SUPPORT
Unfilled Gap Up On 2019-03-01
120.00 ~ 119.90 SUPPORT
Unfilled Gap Down On 2019-01-15
158.00 ~ 665.20 RESISTANCE
Industry Growth Rate

In Last 1 Year the industry has grown by 0.00 %

In Last 5 Year the industry has grown by 0.00 %

Peer comparison

Sales

COMPANY NAME
Total 0.00 0.00 0.00 0.00 0.00 0.00

Financial

LAST FISCAL CURRENT GROWTH 10 YEAR CAGR
S.NO. COMPANY NAME MARKET CAP CMP BOOK VALUE EPS STOCK P/E ROE REVENUE NET PROFIT NPM REVENUE NET PROFIT REVENUE NET PROFIT
Sales

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.

Profitability

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
EPS

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.

EBITDA Margin
EBIT Margin
NPM
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)
  • Caution (>1.81 < 2.99)
  • Safe (3 & above)
Altman Z Score (Non-Mfg Company)
  • Distress ( < 1.23)
  • Caution (>1.23 < 2.6)
  • Safe (2.6 & above)
Valuation

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
Block Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
Dividend history
Ex Date Amount
Bonus Data
Company Name Split Date From Value To Value
Split Data
Company Name Split Date From Value To Value