NSE:GUJGASLTD

4 stories mentioning NSE:GUJGASLTDUpdated 9d ago

Every FINWIRES story that references NSE:GUJGASLTD, newest first.

Crisil Keeps AAA Rating on Gujarat Energy's Bank Financing, Outlook Stable

Crisil Ratings reaffirmed its AAA rating on Gujarat Energy's (NSE:GUJGASLTD, BOM:539336) long-term bank facilities worth 33.5 billion Indian rupees, according to an Indian bourse filing on Wednesday.The rating outlook is stable, the filing said.The rating agency said the affirmation reflects the company's strong business profile, leading position in India's city gas distribution sector, significant gas trading operations, and strong financial risk profile.Crisil also noted that Gujarat Energy maintained a net debt-negative position and strong liquidity as of March 31, 2026.

BOM:539336NSE:GUJGASLTD

Asia19d ago

Nomura Adjusts Gujarat Gas' Price Target to INR511 From INR390, Keeps at Buy

Gujarat Gas (NSE:GUJGASLTD, BOM:539336) has an average rating of hold and mean price target of 426.39 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:539336NSE:GUJGASLTD

Asia33d ago

Desco Infratech Emerges Lowest Bidder for Gujarat Gas Pipeline Tender; Shares Down 3%

Desco Infratech (BOM:544387) has emerged as the lowest bidder for the tender floated by Gujarat Gas (NSE:GUJGASLTD, BOM:539336) for laying pipes and setting up the up piped natural gas (PNG) connection at Surat and Hazira in Gujarat, India, according to a Tuesday filing to the BSE.The scope of the project includes polyethylene (PE) pipeline laying activities, development of PNG commercial and industrial connections, associated commissioning activities, testing, installation, and execution of related infrastructure works.The company's shares were down nearly 3% in recent trade.

BOM:539336BOM:544387NSE:GUJGASLTD

Asia57d ago

Gujarat Gas Sources Spot LNG to Restore Morbi Ceramic Demand After March Disruption

Gujarat Gas (NSE:GUJGASLTD, BOM:539336) said it sourced natural gas from non-Middle East markets to maintain supply to the Morbi ceramic cluster after geopolitical disruptions led to higher input costs and shutdown of several units in March, according to a Thursday filing on Indian bourses.Shares of the company fell nearly 1% in Friday's trade.Gas consumption in the cluster rose to about 2.70 mmscmd as of April 22, from 0.36 mmscmd at the end of March as operations resumed, the filing said.The company expects demand to increase to 6 to 7 mmscmd in May 2026, it added.

BOM:539336NSE:GUJGASLTD

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