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

Devangshu Datta: Axioms and oil

Despite continuing conflicts in the oil- and gas-producing regions of Asia and Africa, prices have not risen. The consensus answer has several ...

Brighter days ahead for paint companies

Asian Paints, Berger Paints, Kansai Nerolac set to gain from industrial pick-up, softening crude oil prices

Groundnut exports jump 50% in April-July: IOPEPC

Demand from West Asian countries responsible for spurt in export

NSE, BSE to exclude USL from F&O segment

Says the company has failed to submit financial results

SAT asks FTIL to move Sebi with deadline extension plea

FTIL has filed an application before SAT seeking extension of time for complying with Sebi order, dated March 19

Back to Top