Buy Gujarat Gas, target price Rs 490: Motilal Oswal
Motilal Oswal has buy call on Gujarat Gas with a target price of Rs 490. The current market price of Gujarat Gas Ltd. is Rs 427.85.
Gujarat Gas Ltd., incorporated in the year 2012, is a Mid Cap company (having a market cap of Rs 29383.93 Crore) operating in Gas & Petroleum sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated sales of Rs 2885.70 Crore, up 12.73 % from last quarter Sales of Rs 2559.91 Crore and up 12.54 % from last year same quarter Sales of Rs 2564.25 Crore Company reported net profit after tax of Rs 392.18 Crore in latest quarter.
