BSE Code: | NSE Code: | ISIN: | Sector:

NSE
843.45
Change Change %
-9.45 -1.11%

Updated:17 Nov, 2017, 15:53 PM IST

BSE
846.05
Change Change %
-9.20 -1.08%

Updated:17 Nov, 2017, 15:50 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
HDFC Securities
N/A
16-10-2017 Buy 909.00 1112.00
N/A
Open Long (1Y)
16-10-2018

HDFC Securities Recommends Buy On Gujarat Gas


Rising demand for piped natural gas (PNG) from industrial users augurs well for Gujarat Gas, according to HDFC Securities. GGL derives about 72 per cent of its sales volumes from the industrial segment vs 12 per cent for Indraprastha Gas (IGL) and 14 per cent for Mahanagar Gas (MGL) and hence is best placed to benefit from the higher growth of industrial volumes, the brokerage added. 

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