Gujarat Gas Share Price Target From 2024 to 2030: Gujarat Gas Limited (GGL) is one in every of India’s most crucial natural gasoline distribution businesses, seemed for its widespread community and innovative solutions inside the energy region. As the maximum essential town fuel distribution (CGD) organization in India, Gujarat Gas operates at some point of a couple of states, serving each retail and business enterprise customers. With a sturdy presence inside the natural fuel marketplace, the enterprise has turn out to be a key participant in India’s push toward cleanser and in addition sustainable power belongings. This whole assessment offers an extensive projection of Gujarat Gas Share Price Target From 2024 to 2030, thinking about current-day marketplace traditional normal performance, boom drivers, and enterprise dispositions.
Current Performance and Market Indicators For Gujarat Gas Share Price
As of the present day data, right here are the essential element monetary and market signs and symptoms for Gujarat Gas Share Price:
- Open Price: ₹637.15
- High Price: ₹689.95
- Low Price: ₹630.75
- Current Price: ₹669.45 (+213.30 or +46.76% over the past yr)
- Market Capitalization: ₹45,880 Crores
- P/E Ratio: 36.51
- Dividend Yield: 0.855%
- 52-Week High: ₹689.95
- 52-Week Low: ₹397.05
Gujarat Gas’s inventory is presently searching for and promoting at ₹669.45, that is near its 52-week excessive of ₹689.95. Over the last year, the stock has desired through 46.76%, reflecting strong investor self guarantee and brilliant market sentiment. The commercial enterprise’s market capitalization stands at ₹45,880 crores, making it a big participant inside the Indian inventory marketplace. The contemporary-day P/E ratio of 36.51 indicates a high valuation, reflecting the marketplace’s expectation of destiny growth. The dividend yield of 0.85% shows a constant move again to shareholders.
Shareholding Pattern For Gujarat Gas Share Price
The shareholding sample of Gujarat Gas as of June 2024 is as follows:
- Promoters: 60.89%
- Retail and Others: 20.04%
- Mutual Funds: 7.47%
- Other Domestic Institutions: 7.28%
- Foreign Institutional Investors (FII): 4.31%
Changes within the shareholding sample in some unspecified time within the destiny of the June 2024 place encompass:
- Promoters’ Holdings: Remained unchanged at 60.89%.
- FII/FPI Holdings: Increased from 3.70% to 4.31%, with the sort of FII/FPI buyers growing from 211 to 231.
- Mutual Funds Holdings: Decreased from 7.70% to 7.47%, with the quantity of mutual fund schemes lowering from 22 to 21.
- Institutional Investors’ Holdings: Increased from 25.77% to 26.07%.
The increase in holdings by using manner of Foreign Institutional Investors (FIIs) and extraordinary home institutions shows growing self guarantee in Gujarat Gas’s ability. Meanwhile, the slight decrease in mutual fund holdings suggests a few consolidation or profits-reserving with the aid of these customers.
Gujarat Gas Share Price Targets from 2024 to 2030
Based on the business business enterprise’s modern-day famous overall performance, agency outlook, and increase possibilities, the projected Gujarat Gas Share Price from 2024 to 2030 are as follows:
| YEAR | SHARE PRICE TARGET |
| 2024 | ₹709 |
| 2025 | ₹844 |
| 2026 | ₹978 |
| 2027 | ₹1035 |
| 2028 | ₹1113 |
| 2029 | ₹1216 |
| 2030 | ₹1350 |
Gujarat Gas Share Price 2024: Target Price – ₹709
The proportion Gujarat Gas Share Price in 2024 is projected to be ₹709. This intention takes below interest the company’s sturdy operational typical performance, growing name for for natural gasoline, and the government’s favorable guidelines selling using clean power. The growth of city gas distribution networks and advanced penetration in new geographical regions will in all likelihood electricity increase.
Gujarat Gas Share Price 2025: Target Price – ₹844
By 2025, Gujarat Gas Share Price is predicted to acquire ₹844. This projection is based totally at the anticipated growth within the herbal gasoline location, pushed thru better business and home intake. The business business enterprise’s non-stop efforts to expand its purchaser base and beautify infrastructure, coupled with favorable pricing guidelines, will contribute to Gujarat Gas Share Price earnings boom.
Gujarat Gas Share Price 2026: Target Price – ₹978
The projected Gujarat Gas Share Price in 2026 is ₹978. The corporation is predicted to benefit from its strategic investments in growing its distribution community, enhancing deliver chain efficiencies, and adopting new technology. Additionally, the growing attention on reducing carbon emissions and promoting green power resources will possibly boom call for natural gas, assisting the commercial corporation enterprise’s boom.
Gujarat Gas Share Price 2027: Target Price – ₹1035
In 2027, the Gujarat Gas Share Price is predicted to be ₹1035. The industrial company organisation’s growth into new markets, advanced customer service, and interest on innovation are anticipated to stress boom. Furthermore, the developing adoption of compressed natural gas (CNG) for transportation and piped herbal fuel (PNG) for home use will offer extra boom possibilities.
Gujarat Gas Share Price 2028: Target Price – ₹1,113
For 2028, the Gujarat Gas Share Price is prepared at ₹1,113. This reason reflects the employer enterprise’s endured efforts to reinforce its position in the natural gasoline marketplace and capitalize on the growing call for for sustainable electricity answers. The boom of its patron base, get admission to into new territories, and strategic partnerships with key stakeholders will in all likelihood beautify its marketplace percent and profitability.
Gujarat Gas Share Price 2029: Target Price – ₹1,216
The projected Gujarat Gas Share Price in 2029 is ₹1,216. The business business enterprise organisation is expected to gain this purpose through leveraging its strong emblem presence, growing its infrastructure, and exploring new growth possibilities inside the clean power region. The government’s push for growing the share of natural gasoline in India’s strength combo from 6% to 15% with the useful resource of using 2030 may additionally even act as a huge catalyst for the company’s boom.
Gujarat Gas Share Price 2030: Target Price – ₹1,350
By 2030, the Gujarat Gas Share Price is forecasted to reach ₹1,350. This lengthy-time period aim assumes that the commercial organisation agency will hold to advantage from favorable marketplace conditions, robust name for natural gasoline, and its strategic projects to beautify operational overall performance and consumer pride. The growing attention and adoption of smooth energy property are expected to offer sustained increase momentum for the organization.
Key Factors Influencing Gujarat Gas Share Price
- Government Policies and Regulations for Gujarat Gas Share Price: The Indian government’s pointers geared closer to promoting herbal gas as a smooth and sustainable electricity supply, which consist of the National Gas Grid and metropolis gas distribution networks, will play a crucial feature in identifying Gujarat Gas’s growth. Any favorable insurance modifications or incentives have to significantly boost the organisation’s income and profitability.
- Expansion of Distribution Networks for Gujarat Gas Share Price: Gujarat Gas’s efforts to extend its distribution networks across new towns and regions may be a key the usage of stress of its growth. The company agency’s potential to correctly penetrate new markets and entice new customers will impact its percent rate typical common overall performance.
- Demand for Natural Gas for Gujarat Gas Share Price: The call for herbal gasoline in India is predicted to increase notably due to its environmental blessings, decrease prices, and growing adoption in several sectors together with transportation, agency, and families. This developing name for will definitely effect Gujarat Gas’s income and profits.
- Pricing Policies for Gujarat Gas Share Price: The business employer’s profitability is delivered approximately through the use of the pricing of natural gas and authorities rules associated with pricing controls. Favorable pricing guidelines and deregulation of gasoline expenses must enhance the agency’s margins and guide its percentage charge growth.
- Technological Advancements for Gujarat Gas Share Price: The adoption of recent technologies and present day answers inside the natural fuel region, which includes smart metering, superior tracking structures, and digital systems for client engagement, will assist Gujarat Gas beautify operational ordinary performance and consumer pride, thereby the use of increase.
- Global Economic Conditions: The preferred global monetary surroundings, collectively with elements which includes hobby costs, forex expenses, and geopolitical balance, can impact investor sentiment and the agency’s functionality to regular funding for enlargement projects.
- Environmental and Social Factors for Gujarat Gas Share Price: Increasing hobby approximately environmental sustainability and the need to lessen carbon emissions are expected to pressure name for cleaner electricity belongings like natural gas. Gujarat Gas’s consciousness on sustainability and its tasks to lessen its carbon footprint will beautify its attraction to environmentally conscious customers.
FAQs For Gujarat Gas Share Price
Q1: What is the projected Gujarat Gas Share Price in 2024?
A: The projected Gujarat Gas Share Price in 2024 is ₹709, driven through the organisation’s boom in the natural gasoline place and its efforts to growth its distribution community.
Q2: Why is Gujarat Gas taken into consideration a potential investment?
A: Gujarat Gas is taken into consideration a capacity funding because of its strong market presence, growing distribution network, and alignment with government regulations selling easy energy. The agency organisation’s popularity on innovation and sustainability, together with growing call for for natural gas, offers big boom possibilities.
Q3: What elements need to have an effect on Gujarat Gas Share Price increase?
A: Factors that would have an impact on Gujarat Gas Share Price increase encompass modifications in authorities pointers, growth of distribution networks, name for for natural gasoline, pricing hints, technological upgrades, global financial conditions, and environmental and social elements.
Q4: What is the Gujarat Gas Share Price with the resource of 2030?
A: The Gujarat Gas Share Price the beneficial aid of 2030 is ₹1,350, reflecting sustained increase in its center business organization, increase into new markets, and growing adoption of herbal gas as a clean strength supply.
Q5: How have institutional customers reacted to Gujarat Gas’s regular common basic overall performance?
A: Institutional buyers have hooked up accelerated hobby in Gujarat Gas, as evidenced via the upward thrust of their holdings from 25.77% to 26.07% inside the June 2024 place. The growth in foreign places institutional customers (FIIs) and precise domestic establishments suggests developing self perception in the enterprise’s destiny capability.
Q6: What is the dividend yield of Gujarat Gas, and the manner does it effect customers?
A: Gujarat Gas offers a dividend yield of 0.85%, imparting a regular pass again to investors. While the yield won’t be very immoderate, it reflects the business enterprise’s approach of reinvesting profits into growth opportunities.
Gujarat Gas Limited is nicely-positioned to capitalize on the developing call for herbal gas and the shift inside the path of purifier strength assets in India. With a robust marketplace presence, strategic initiatives, and a positive coverage environment, the organization is predicted to supply strong increase over the subsequent numerous years. Investors must carefully display screen the organisation’s everyday general performance and marketplace situations to make informed investment alternatives.
