Gujarat State Petronet
299.90
-3.80(-1.25%)
Market Cap₹16,920.70 Cr
PE Ratio16.32
IndustryEnergy
Company Performance:
1D-1.25%
1M-2.60%
6M+2.78%
1Y-34.86%
5Y+54.19%
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More news about Gujarat State Petronet
24Mar 25
Gujarat State Petronet Boosts Gas Infrastructure with New Pipeline to Chhara LNG Terminal
Gujarat State Petronet Limited (GSPL) has commissioned a new gas pipeline connecting to the Chhara LNG Terminal, with an investment of ₹650 crore. This expansion enhances gas supply capabilities near Gir National Park and strengthens GSPL's distribution network. The project aims to improve energy accessibility and promote cleaner fuel options in Gujarat.
17Mar 25
Gujarat State Petronet Limits Project Capex to ₹2,051 Crore, Secures Approval for Strategic Anjar-Palanpur Pipeline
Gujarat State Petronet Ltd. (GSPL) has received approval for the Anjar-Palanpur pipeline project, increasing its total capacity to 45 mmscmd. The ₹2,100 crore project will be completed within three years and connect the Mundra LNG terminal to the Mehsana-Bhatinda pipeline. GSPL also announced a ₹2,051 crore cap on capital expenditure for an unspecified project. In response, Citi upgraded GSPL's stock to 'Buy' with a target price of ₹325.
07Mar 25
Gujarat State Petronet Upgraded to 'Buy' on Merger Scheme and Improved Risk-Reward Profile
Nirmal Bang has upgraded Gujarat State Petronet Ltd (GSPL) to 'Buy' following the announcement of the GSPC Group merger scheme. The upgrade is based on an improved risk-reward profile and the potential for streamlined operations and shareholder value unlocking. The brokerage's valuation considers the implied post-merger value and expected demerger transaction next year. This corporate restructuring could significantly impact GSPL's market position and financial strength.
Gujarat State Petronet
299.90
-3.80
(-1.25%)
1 Year Returns:-34.86%
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