Gujarat State Petronet Ltd Share Price (GSPL)
₹293.3
Gujarat State Petronet Ltd share Performance
- ₹292.5₹299.1₹293.3
0.27%
Low
Day's Volatility:2.25%
High
1.98%
- ₹254.5₹406.75₹293.3
13.23%
Low
52 Weeks Volatility:51.91%
High
38.68%
| Returns % | |
| 1 Month Return | -15.28 % |
| 3 Month Return | -18.07 % |
| 1 Year Return | 11.41 % |
| Market Stats | |
| Previous Close | ₹295.90 |
| Open | ₹297.90 |
| Volume | 31.78L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹16,695.01Cr |
Analyst Rating for Gujarat State Petronet Ltd stock
based on 22 analysts
Based on 22 analysts offering long term price targets for Gujarat State Petronet Ltd. An average target of ₹390.45
Source: S&P Global Market Intelligence
Company Information
GSPL is engaged in the business of laying, operating and maintaining natural gas pipelines and providing related services. It operates an extensive network of natural gas pipelines across the states of Gujarat, Rajasthan, Madhya Pradesh, Maharashtra, Goa, and Dadra & Nagar Haveli. GSPL also provides services such as gas transportation, gas trading, gas storage, and gas utilization.
GSPL's top products include natural gas, liquefied natural gas (LNG) and compressed natural gas (CNG). Its popular brands include GSPL, GSPL LNG, GSPL CNG and GSPL Gas. GSPL also provides services such as gas transportation, gas trading, gas storage and gas utilization.
Share Price: ₹293.30 per share as on 25 Apr, 2024 04:01 PM
Market Capitalisation: ₹16,695.01Cr as of today
Revenue: ₹4,389.08Cr as on December 2023 (Q4 23)
Net Profit: ₹496.20Cr as on December 2023 (Q4 23)
Listing date: 16 Feb, 2006
Chairperson Name: RAJ KUMAR
| Organisation | Gujarat State Petronet Ltd |
| Headquarters | Gandhinagar |
| Industry | Gas Distribution |
| E-voting on shares | Click here to vote |
Key events for Gujarat State Petronet Ltd
GSPL Shares Rebound After Tariff Cut Slashes Stock Price - 24 Apr, 2024
Gujarat State Petronet Ltd (GSPL) shares rebounded 3% after the regulator slashed tariffs for its high-pressure network, causing a 24% drop in stock prices. Analysts at UBS downgraded the stock to sell and reduced the price target to Rs 280. BS also lowered its rating to Rs 280 per share. The consensus from 16 analysts covering GSPL is for revenues of Rs 144b in 2024, implying an uneasy 16% decline in sales compared to the last 12 months.
GSPL Stock Falls After Tariff Cut by PNGRB - 23 Apr, 2024
Gujarat State Petronet Ltd (GSPL) faces challenges after Petroleum and Natural Gas Regulatory Board (PNGRB) announced a 47% cut in tariffs for the company's HP Pipeline network. Analysts are divided on the company's prospects, but some recommend buying the stock with target prices ranging from Rs 320 to Rs 440. Mirae Asset Mutual Fund sold its stake in GSPL amid a selloff due to PNGRB's pipeline tariff review.
GSPL Stock Plummets After Tariff Cut by PNGRB - 22 Apr, 2024
Gujarat State Petronet's stock drops 20% as PNGRB reduces tariffs for its HP Pipeline network by 47%, leading to downgrades by brokerages. The company's EPS is expected to decline by 30-40% in FY25. However, Prabhudas Lilladher recommends buying the stock with a target price of Rs 392.
PL Recommends Accumulating GSPL Stock - 09 Apr, 2024
Analysts recommend accumulating Gujarat State Petronet Ltd (GSPL) stock at current levels for a target price of Rs 399 based on 7x FY26EPS. The company's volume is estimated to be up by 28% YoY, and the marginal decline in operating profit is due to lower implied tariff.
Fundamentals of Gujarat State Petronet Ltd
Insights on Gujarat State Petronet Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 16.01% to 16.03% in Dec 2023 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 4.14K Cr → 4.44K Cr (in ₹), with an average increase of 3.4% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 19.18% to 19.57% in Dec 2023 quarter
NO EFFECTAgainst Peers
In the last 1 year, GAIL India Ltd has given 89.9% return, outperforming this stock by 78.5%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 37.63% of holdings in Dec 2023 quarter
- NO EFFECT
Against Peers
In the last 3 years, GAIL India Ltd has given 139.3% return, outperforming this stock by 123.6%
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 22.49% to 22.29% in Dec 2023 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 454.62 Cr → 394.9 Cr (in ₹), with an average decrease of 13.1% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, GSPL stock has moved down by -23.3%
Gujarat State Petronet Ltd Valuation
Gujarat State Petronet Ltd in the last 5 years
Lowest (5.43x)
March 24, 2020
Today (10.72x)
April 24, 2024
Industry (27.48x)
April 24, 2024
Highest (14.47x)
February 8, 2024
Mutual Fund Holdings
| Funds | Holdings |
 Mirae Asset Large & Midcap Fund Direct Plan Growth | 1.85% |
| Mirae Asset ELSS Tax Saver Fund -Direct Plan-Growth | 1.92% |
| Mirae Asset Midcap Fund Direct Growth | 2.2% |
 Kotak Equity Opportunities Direct Growth | 1.22% |
 SBI Energy Opportunities Fund Direct Growth | 3.18% |
Shareholding Pattern
| Investors | Holdings % | Prev. 4 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 37.63% | 0.00 | |
| Foreign Institutions | 16.03% | 0.13 | |
| Mutual Funds | 22.29% | ||
| Retail Investors | 19.57% | 1.99 | |
| Others | 4.49% |
Technicals of Gujarat State Petronet Ltd share
News & Events of Gujarat State Petronet Ltd
Frequently Asked Questions
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Gujarat State Petronet Ltd (GSPL) share price today is ₹293.3
Gujarat State Petronet Ltd is listed on NSE
Gujarat State Petronet Ltd is listed on BSE
- Today’s highest price of Gujarat State Petronet Ltd is ₹299.1.
- Today’s lowest price of Gujarat State Petronet Ltd is ₹292.5.
PE Ratio of Gujarat State Petronet Ltd is 10.72
PE ratio = Gujarat State Petronet Ltd Market price per share / Gujarat State Petronet Ltd Earnings per share
Today’s traded volume of Gujarat State Petronet Ltd(GSPL) is 31.78L.
Today’s market capitalisation of Gujarat State Petronet Ltd(GSPL) is ₹16695.01Cr.
| Gujarat State Petronet Ltd(GSPL | Price |
|---|---|
52 Week High | ₹406.75 |
52 Week Low | ₹254.5 |
Gujarat State Petronet Ltd(GSPL) share price is ₹293.3. It is down -27.89% from its 52 Week High price of ₹406.75
Gujarat State Petronet Ltd(GSPL) share price is ₹293.3. It is up 15.25% from its 52 Week Low price of ₹254.5
| Gujarat State Petronet Ltd(GSPL | Returns |
|---|---|
1 Day Returns | -2.6% |
1 Month Returns | -15.28% |
3 Month Returns | -18.07% |
1 Year Returns | 11.41% |