Risk factor
Strong & resilient to price shocks
Profitability factor
Favourable analyst view
About
Established in Gandhinagar, India, in 2012, Gujarat Gas Limited is a prominent Indian company dedicated to the distribution of natural gas. It operates an extensive infrastructure, which includes a natural gas pipeline network spanning approximately 42,600 kilometers and 828 compressed natural gas (CNG) stations. This infrastructure facilitates the delivery of piped natural gas (PNG) to a significant customer base, serving around 2.26 million households, nearly 15,600 commercial entities, and approximately 4,400 industrial clients. The company's operations extend across several Indian states—Gujarat, Maharashtra, Punjab, Madhya Pradesh, Rajasthan, and Haryana—and the Union Territory of Dadra and Nagar Haveli, and Daman and Diu. Formerly known as GSPC Distribution Networks Limited, the company adopted its current name, Gujarat Gas Limited, in May 2015. It functions as a subsidiary of Gujarat State Petronet Limited.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITDA, trading at n
Target Price
The average target price of GUJGASLTD.NS is 415 and suggests 26.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation