Business Standard

Gujarat Gas gains on strong Q3 performance

Stock up 2% in morning deals

Related News

Company Limited has gained 2% this morning on a huge jump in net profit.

The company has registered 182% jump in the consolidated profit after tax (PAT) for the quarter ended December 31, 2012 at Rs 70.6 crore as against Rs 25 crore reported in the same period previous year.

The impact on profits due to increase in gas cost in the previous year was mostly mitigated in 2012,' the company informed in a statement issued after the results announcement on Thursday.

The stock opened at Rs 294 and surged 3.5% to touch a high of RS 300. It is now up 2% at Rs 296 with trades of 7,293 shares on the BSE. In the last two weeks around 16,820 shares were traded daily on an average on the BSE.

Read more on:   
|
|
|
|

Read More

Markets open on a flat note following muted global cues

Markets open on a flat note following muted global cues

Quick Links

 

Market News

NAFED to invite EoI for import of 25K tonnes potatoes

Potato prices have shown a rising trend during the recent weeks and the commodity is being retailed at Rs 35-40 per kg in the National Capital

Debt mutual funds see outflow of Rs 67,000 cr in Sept

In comparison, equity mutual fund schemes attracted a net amount of Rs 7,789 crore during the month

FMC takes fresh measures to boost liquidity in commodity market

It has also directed bourses to disclose open position limits of top 10 trading clients including hedgers on their website

Comexes look forward to better times

NCDEX has seen volumes surge 15%

Oil resumes slide in Asian trade

Investors wait for more signs of economic growth in Europe

Back to Top