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Gujarat Gas Company (HDFC Securities) Stock Note |
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Gujarat Gas Company (JP Morgan) Cogent strategy to meet challenges; Upgrade to OW |
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LNG will increase in supply mix;Focus will be on spread preservation;Existing geographies, new bid provide growth visibility, catalysts;Upgrade to OW; June 2012 PT of Rs460 | Date | Rating | Target Price | Recommendation Price | Broker house | | 6 Jul 2011 | overweight | 460 (from 415) | 395 | JP Morgan Report | |
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gujarat gas (Angel) Gross spread cools off sequentially on higher LNG price |
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gujarat gas (ICICIsec) Profitability in line but volumes below estimates |
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gujarat gas company (Emkay) Results above estimates, Maintain Buy |
Higher cost of RLNG drags down EBIDTA margin by 443bps to 20.6%; Sales realisation has improved from Rs.16.3/scm to 17.2/scm led by hike in selling price of Industrial Retail; Expects authorization for the existing area from PNGRB
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 29 Apr 2011 |
buy |
481 |
375 |
Emkay Report |
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Reports.DesiStockResearch.com |
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gujarat gas (emkay) Re-charged for growth |
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gujarat gas (Angel) Gross spread jumps on higher realisation and lower average gas cost |
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gujarat gas company (Emkay) Results above estimates, Maintain Buy |
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gujarat gas (angel) 3QCY2010 Result Update |