Gujarat State Petronet hits 52-week high on growth of 20% in net profit of Q1
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Gujarat State Petronet – Tips |
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Gujarat State Petronet – Price Details |
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Gujarat State Petronet – Technical Analysis |
Gujarat State Petronet is currently trading at Rs. 107.90, up by 0.85 points or 0.79% from its previous closing of Rs. 107.05 on the BSE.
The scrip opened at Rs. 107.00 and has touched a high and low of Rs. 109.00 and Rs. 106.10 respectively. So far 690096 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 109.00 on 30-Jul-2010 and a 52 week low of Rs. 65.00 on 10-Aug-2009.
Last one week high and low of the scrip stood at Rs. 109.00 and Rs. 101.50 respectively. The current market cap of the company is Rs. 6066.39 crore.
The promoters holding in the company stood at 37.74% while Institutions and Non-Institutions held 39.27% and 22.98% respectively.
Gujarat State Petronet (GSPL) has reported results for the quarter ended June 30, 2010.
GSPL???s net profit has surged by 30.58% to Rs 105.10 crore for the quarter ended June 30, 2010 as compared to Rs 80.49 crore for the quarter ended June 30,2009.
Its total income has grown by 20.14% to Rs 257.49 crore for the quarter under review as compared to Rs 214.33 crore for the previous year???s corresponding quarter.
GSPL is primarily developed to link various supply sources and users of natural gas in Gujarat through pipeline network. It is the only company In India to transmit natural gas for its clients without trading in it.
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