-
News Agency News Aggregator Journalist/Editor Broking House Others
#MarketsWithETNOW | Dharmesh Jobanputra of Trinity Engitech says -Propane supply in Morbi stands around 5.2-5.4 Mmscmd -Gas supplied by Gujarat Gas in around 1.6 Mmscmd -400 units in Morbi are using propane @_anishaj #Propane #Morbi #Gas #StocksToWatch
Gujarat Gas In Focus Spot LNG drop to $20.2/mmBtu Vs $26.8 Earlier GGL used imported gas to supply to industrial regions; had 30-35% dependence on spot market Fall in prices sentimentally positive Spot prices need to fall below $12/mmBtu to financially benefit Gujarat Gas
A short build-up was seen in Gujarat Gas, L&T Technology Services and Laurus Lab. A long build-up was seen in Multi Commodity Exchange of India, Cholamandalam Investment and Finance Company and NMDC.
#MarketAtClose | Titan continues its losing trend following Q3 updates, closes at a 5-month low L&T Tech slides 5% on concerns related to SWC acquisition Gujarat Gas amongst top Midcap losers following brokerage downgrade
Buzzing #Stock: Gujarat Gas slides after Jefferies downgrades stock, cuts target price
#MarketsWithETNOW | Gujarat Gas is under pressure as more players move to propane gas in Morbi. Jefferies downgrades the stock, sees tough volume recovery even with price cuts, @soumeet_sarkar explains @GujaratGasLtd #StockMarket #StocksToWatch
#MarketHeadlines * #Cyient rallies after delivering strong #Q3 * L&T Tech services announces acquisition of L&T's smart world & communicaton business for ₹800 cr * #Jefferish issues an underperform rating to #GujaratGas
Well it took a downgrade from Jefferies, for Gujarat Gas to fall 4% in trade...
Harshada Sawant हर्षदा सावंत 🇮🇳
#GujaratGas Jefferies Downgrades To Underperform Target cut to 400 from 570x Sees structural drag on pricing power, margin outlook & volume growth in the medium term Lowered FY24 and 25 EBITDA estimates to 15% due to lower volume & compression in margin
Jefferies downgraded Gujarat Gas Cut vol est. 17/15% for FY24-25E Have lowered FY24/25E Ebitda 15% due to lower volumes & compression in margins Expect GUJGA to deliver 5% EPS Cagr over FY22-25E @blitzkreigm @sonalbhutra @CNBCTV18News @CNBCTV18Live
Gujarat Gas down over 4% @blitzkreigm highlighted big downgrade from Jefferies Downgrade to U-P, TP cut to Rs 400 from Rs 570 With 50% of Morbi investing in propane/LPG capacity & outlook on Spot LNG prices firm, see a structural drag on co's pricing power, margin & volume
CNBC-TV18 Stocks Board | Jefferies downgrades Gujarat Gas to Underperform and cuts target price to Rs 400 from Rs 570 per share. They believe that there will be a structural drag on pricing power, margin outlook & volume growth in the medium term. @blitzkreigm tells us more
Jefferies on downgrades Gujarat Gas to underperform, cuts target, sees structural drag on pricing power, margin outlook & volume growth in medium term
Jefferies on Gujarat Gas Downgrade to Underperform from Buy, Target cut to 400 from 570
#CNBCTV18Market | Jefferies on downgrades Gujarat Gas to underperform, cuts target, sees structural drag on pricing power, margin outlook & volume growth in medium term
Broker’s Call: Gujarat Gas (Buy)
Buzzing #Stock: FO Buzzer: No respite for Gujarat Gas, continues to be under pressure
-