Stocks To Buy Today | Gujarat Gas Share Price
Gujarat Gas Limited (NSE: GUJGAS) company’s core business segment is into Oil & Gas and is been selected for investing long term horizon over an year and above based on the strong fundamental and technical analysis provided here in this article. Technical analysis indicators; Simple Moving Average (SMA) 200 below the SMA 300 while the Relative Strength Index (RSI) is showing at 49.40. The trendline is a bit week which indicates a good stock accumulation period through stock SIP investment option in Zerodha Trading App for better stock price averaging while investing.
The market capitalization as on publishing day stands at Rs. 31511/- Crore positioning it in large cap stocks group listed on NSE India.
Gujarat Gas Share Price has given 40.36% CAGR in last 3 years
Gujarat Gas Share Price is currently trading at Rs. 453.45 per stock & Gujarat Gas Technical Chart the performance of the stock over 3 years of time frame which is considered to be a good investment period shows amazing profits at CAGR 40.36% & now the opportunities to invest based on above technical & following stock fundamentals. Similarly; Gujarat Gas's 52 week low price at Rs. 403.55/- & 52 week high price at 786/-
Why one should consider Gujarat Gas Share Price?
Following are the strong fundamental analysis of Gujarat Gas Share Price has given 40.36% CAGR in last 3 years will definitely make to think in one of the large cap companies of India for decent profits in a medium to long term investment horizon.
Fundamental Analysis of Gujarat Gas
| Market Capitalization | Rs. 31511 Crore | Return On Equity (ROE) | 25.39% |
| P/E Ratio (TTM) | 21.95 | EPS (TTM) | 20.85 |
| P/B Ratio | 5.6 | Dividend Yield | 0.44% |
| Industry P/E Ratio | 17.84 | Book Value | 81.78 |
| Debt to Equity | 0.11 | Face Value | 2 |
Financial Statement of Gujarat Gas
| Yearly | Revenue (Rs. Crores) | Profit (Rs. Crores) | Net Worth (Rs. Crores) |
| 2018 | 6,339.0 | 292.0 | 1,866.0 |
| 2019 | 7,962.0 | 418.0 | 2,205.0 |
| 2020 | 10,526.0 | 1,199.0 | 3,317.0 |
| 2021 | 10,057.0 | 1,270.0 | 4,512.0 |
| 2022 | 16,787.0 | 1,287.0 | 5,630.0 |
Shareholding Pattern of Gujarat Gas
| Promoters | 60.89% |
| Retail Investors | 23.92% |
| Foreign Investors | 5.18% |
| Mutual Funds | 10.00% |
| Other Domestic Institutions | 0.01% |
Gujarat Gas Limited
Gujarat Gas Limited is a gas procurement & distribution company under Oil & Gas sector, established in the year of 1980 owned by Gujarat State Petrolium Corporation & now having 17 lakh domestic, 13600 commercial customers, 711 CNG stations, 4300 industrial users and around 33000 kilometers of natural gas pipe line network in the country evolved as largest city gas distribution (CGD) company in India by serving 43 districts in 6 states and 1 Union territory in the states of Gujarat, Rajasthan, Maharashtra, Punjab, Haryana, Madhya Pradesh and a Union Territory of Dadra & Nagar Haveli. The Company is currently flowing total gas volume above 10.5 Million standard cubic feet per day. Read more about Gujarat Gas Limited company here from its official website.
Competitors of Gujarat Gas
As Gujarat Gas comes under Oil & Gas sector; there are quiet a few peer competitors to GUJGAS and here is a list of Top 5 Oil & Gas Companies based on market capitalization as on publishing day are as follows…
How to invest in Stock Market with the Best Trading App in India?
Here is the list of top stock brokers in India who made the trading in stock market made hassle free and best user experience with very attractive competitive brokerage charges.
- Zerodha
- Groww
- 5paisa
What makes the best to go for Zerodha Account Opening
Breaking the barriers of brokerage charges among other competitors by the time company incorporated in 2010; Evolve, rise & conquer the market with flat Rs.20/- or less; which ever is low concept, now Zerodha is on India's no.1 position.
Zerodha Kite Features
Why don't to utilize the Stock SIP investing option to invest in Gujarat Gas on regular basis on convenient day of every month on Zerodha product Kite. Now Zerodha Account Opening is very easy and Zerodha Demat Account for starting stock SIP investing right now.
Do you know the stock broker who turned-up unicorn: Groww App
The tough competitor now to Zerodha is Groww who turned-up unicorn startup of India facilitating not only the stocks investing but also mutual funds unlike Zerodha only provides stock trading. Groww recently introduced US stocks trading into its new product offering. Why waiting for something else and start investing right now in Gujarat Gas with Groww App.
Groww App Download
Excited; how to open Demat account with Groww App; Here we share a link for opening the Demat account with Groww App.
Never forget the senior broker: 5paisa
Senior most broker among the above; 5paisa (a.k.a. IIFL Securities) using different accounts over a period of time; found 5paisa is now in line to the charges and best user experience with the app to consider. Click here to open Demat account with 5paisa App.
References and Links:
- Gujarat Gas stock chart: https://chartink.com/stocks/GUJGAS.html
- About Gujarat Gas company profile: https://www.gujaratgas.com/about-us/the-company/
- Zerodha Account Open: https://zerodha.com/open-account?c=XT4406
- Groww Account Open: https://app.groww.in/v3cO/ytmyw8ym
- 5paisa Account Open: https://cutt.ly/qLf9zZW
Happy investing for prosperity.
It take 30 long years to turn Rs. 1/- worth Rs. 1000/-, so start investing now.
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