{"id":263414,"date":"2019-03-11T06:55:33","date_gmt":"2019-03-11T06:55:33","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=263414"},"modified":"2019-03-11T06:55:33","modified_gmt":"2019-03-11T06:55:33","slug":"analyst-corner-margin-recovery-in-sight-retain-buy-on-gujarat-gas","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/analyst-corner-margin-recovery-in-sight-retain-buy-on-gujarat-gas\/","title":{"rendered":"Analyst Corner | Margin recovery in sight, retain \u2018buy\u2019 on Gujarat Gas"},"content":{"rendered":"<p>NGT has ordered all ceramic units at Morbi to either shift to natural gas or shut down. While Morbi volumes (2.5 million standard cubic feet per day; 40% of GGAS vol) have been witnessing softer trends of late, any gain in market share triggered by curb on polluting substitute fuels can have a major positive impact since 3 mmscmd of units are connected with Gujarat Gas Morbi units use other fuels (coal gasifier). With margin recovery also in sight and valuations at 15x FY20E P\/E, we keep our \u2018BUY\u2019.<\/p>\n<p>The National Green Tribunal (NGT) has ordered the shutdown of all ceramic units running on coal gasifier (mainly unorganised sector) unless they shift to natural gas. This order comes after a petition filed by a resident against industrial pollution.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NGT has ordered all ceramic units at Morbi to either shift to natural gas or shut down. While Morbi volumes (2.5 million standard cubic feet per day; 40% of GGAS vol) have been witnessing softer trends of late, any gain in market share triggered by curb on polluting substitute fuels can have a major positive impact since 3 mmscmd of units are connected with Gujarat Gas Morbi units use other fuels (coal gasifier). With margin recovery also in sight and valuations at 15x FY20E P\/E, we keep our \u2018BUY\u2019. The National Green Tribunal (NGT) has ordered the shutdown of all [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-263414","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/263414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=263414"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/263414\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=263414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=263414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=263414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}