Gujarat Gas share price: Buy Gujarat Gas, target price Rs 790: HDFC Securities - growmudra

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Buy Gujarat Gas, target price Rs 790: HDFC Securities

17 Dec , 2021 By : monika singh

Buy Gujarat Gas, target price Rs 790: HDFC Securities

HDFC Securities has buy call on Gujarat Gas NSE -2.02 % with a target price of Rs 790. The current market price of Gujarat Gas Ltd. is Rs 624.15.

Time period given by analyst is one year when Gujarat Gas Ltd. price can reach defined target.

Gujarat Gas Ltd., incorporated in the year 2012, is a Mid Cap company (having a market cap of Rs 42673.30 Crore) operating in Gas & Petroleum sector.
Gujarat Gas Ltd. key Products/Revenue Segments include Gas Natural and Other Operating Revenue for the year ending 31-Mar-2021.

Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 3705.11 Crore, up 20.01 % from last quarter Total Income of Rs 3087.21 Crore and up 43.57 % from last year same quarter Total Income of Rs 2580.70 Crore. Company reported net profit after tax of Rs 249.07 Crore in latest quarter.

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