Gujarat State Petronet Ltd (GSPL)
₹290.3
Gujarat State Petronet Ltd share Performance
- ₹289.55₹293₹290.3
0.26%
Low
Day's Volatility:1.19%
High
0.93%
- ₹254.5₹406.75₹290.3
12.33%
Low
52 Weeks Volatility:52.45%
High
40.11%
| Returns % | |
| 1 Month Return | -25.73 % |
| 3 Month Return | -22.89 % |
| 1 Year Return | + 3.87 % |
| Market Stats | |
| Previous Close | ₹₹291.10 |
| Open | ₹₹292.60 |
| Volume | ₹14.70L |
| Upper Circuit | ₹- |
| Lower Circuit | ₹- |
| Market Cap | ₹₹16,424.19Cr |
Analyst Rating
based on 22 analysts
Based on 22 analysts offering long term price targets for Gujarat State Petronet Ltd. An average target of ₹341.14
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: ₹290.30 per share as on 16 May, 2024 04:01 PM
Market Capitalisation: ₹16,424.19Cr as of today
Revenue: ₹4,532.20Cr as on March 2024 (Q1 24)
Net Profit: ₹663.11Cr as on March 2024 (Q1 24)
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
Motilal Oswal Recommends Buying Gujarat State Petronet - 14 May, 2024
Motilal Oswal recommends buying Gujarat State Petronet with a target price of Rs 350. The company's 4QFY24 EBITDA was in line with estimates, led by higher transmission volume of 33.4mmscmd. The company is expected to benefit from upcoming LNG terminals in Gujarat and improved demand due to the focus on reducing industrial pollution.
Gujarat State Petronet Ltd Beats Revenue Predictions - 11 May, 2024
Gujarat State Petronet Limited's latest full-year results show revenues beating analyst predictions by 3.4% to hit ₹181b, with EPS coming in at ₹29.41, 2.6% above expectations. Analysts predict a stressful 92% decline in revenue and a 58% dive in EPS for 2025 but made no major changes to their price target of ₹343.
Gujarat State Petronet Reports Strong Q4 Results - 10 May, 2024
Gujarat State Petronet reports strong Q4 results with 6.26% YoY revenue growth and 27.34% YoY profit rise. Motilal Oswal maintains buy call with a target price of Rs 350.
Gujarat State Petronet Reports Strong Q4 Earnings - 09 May, 2024
Gujarat State Petronet Ltd reported a strong Q4 with net profit rising by 22.2% YoY to Rs 663.1 crore and revenue increasing by 5.9% YoY to Rs 4,522.2 crore. The company's board also recommended a dividend of Rs 5 per equity share for the financial year 2023-24.
Gujarat State Petronet Q4 Net Profit Up 22.2% - 08 May, 2024
Gujarat State Petronet reported a 22.2% YoY increase in net profit at ₹663.1 crore for Q4 FY23-24, with revenue from operations increasing by 5.9%. The board has recommended a dividend of ₹5 per equity share.
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.
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 IMPACTRevenue Rich
Revenue is up for the last 4 quarters, 4.14K Cr → 4.64K Cr (in ₹), with an average increase of 3.7% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 22.29% to 22.31% in Mar 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 394.9 Cr → 474.97 Cr (in ₹), with an average increase of 16.9% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 19.57% to 19.95% in Mar 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 37.63% of holdings in Mar 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, GAIL India Ltd has given 96.6% return, outperforming this stock by 90.2%
- NO EFFECT
Against Peers
In the last 1 year, GAIL India Ltd has given 79.7% return, outperforming this stock by 75.9%
NEGATIVE IMPACTPrice Dip
In the last 1 month, GSPL stock has moved down by -25.7%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 16.03% to 15.67% in Mar 2024 quarter
Gujarat State Petronet Ltd Valuation
Gujarat State Petronet Ltd in the last 5 years
Lowest (5.43x)
March 24, 2020
Today (9.89x)
May 15, 2024
Industry (27.41x)
May 15, 2024
Highest (14.47x)
February 8, 2024
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 37.63% | 0.00 | |
| Foreign Institutions | 15.67% | 0.00 | |
| Mutual Funds | 22.31% | 0.00 | |
| Retail Investors | 19.95% | 0.00 | |
| Others | 4.43% | 0.00 |
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 ₹290.3
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 ₹293.
- Today’s lowest price of Gujarat State Petronet Ltd is ₹289.55.
PE Ratio of Gujarat State Petronet Ltd is 9.89
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 14.70L.
Today’s market capitalisation of Gujarat State Petronet Ltd(GSPL) is ₹16424.19Cr.
| Gujarat State Petronet Ltd(GSPL | Price |
|---|---|
52 Week High | ₹406.75 |
52 Week Low | ₹254.5 |
Gujarat State Petronet Ltd(GSPL) share price is ₹290.3. It is down -28.63% from its 52 Week High price of ₹406.75
Gujarat State Petronet Ltd(GSPL) share price is ₹290.3. It is up 14.07% from its 52 Week Low price of ₹254.5
| Gujarat State Petronet Ltd(GSPL | Returns |
|---|---|
1 Day Returns | -0.8% |
1 Month Returns | -25.73% |
3 Month Returns | -22.89% |
1 Year Returns | 3.87% |