{"id":358054,"date":"2020-06-18T11:24:39","date_gmt":"2020-06-18T05:54:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=358054"},"modified":"2020-06-18T12:01:34","modified_gmt":"2020-06-18T06:31:34","slug":"this-city-gas-distributor-is-not-running-out-of-steam-after-the-covid-hit","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/this-city-gas-distributor-is-not-running-out-of-steam-after-the-covid-hit\/","title":{"rendered":"This city gas distributor is not running out of steam after the Covid hit"},"content":{"rendered":"<p>Mumbai: In an otherwise gloomy pack of public sector company stocks, a city gas distribution company continues to shine in terms of price performance. And analysts largely expect the rally to continue.<\/p>\n<p>The company is Gujarat GasNSE 2.87 %, the country\u2019s largest city gas distributor. The stock has risen 22 per cent for the year-to-date period and the current leg of the rally on the counter is backed by the gradual opening of the coronavirus-induced lockdown. The stock currently trades at Rs 289, only 6 per cent away from its record high hit in February.<\/p>\n<p>The stock is the best performer in the PSU pack so far this year, having delivered 57 per cent return for last one year and 83 per cent for last three. The BSE PSU index is down 33 per cent for year to date and the benchmark<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: In an otherwise gloomy pack of public sector company stocks, a city gas distribution company continues to shine in terms of price performance. And analysts largely expect the rally to continue. The company is Gujarat GasNSE 2.87 %, the country\u2019s largest city gas distributor. The stock has risen 22 per cent for the year-to-date period and the current leg of the rally on the counter is backed by the gradual opening of the coronavirus-induced lockdown. The stock currently trades at Rs 289, only 6 per cent away from its record high hit in February. The stock is the best [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-358054","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/358054","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=358054"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/358054\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=358054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=358054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=358054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}