Gujarat Gas Ltd
NSE:GUJGASLTD
GUJGASLTD's latest stock split occurred on Jan 15, 2019
The company executed a 5-for-1 stock split, meaning that for every share held, investors received 5 new shares.
Before the split, GUJGASLTD traded at 669.25 per share. Afterward, the share price was about 140.89.
The adjusted shares began trading on Jan 15, 2019. This was the only stock split in GUJGASLTD's history.
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Gujarat Gas Ltd
Glance View
In the vibrant business landscape of India, Gujarat Gas Ltd. stands out as a pivotal player in the energy sector, particularly in the domain of natural gas distribution. This company has carved a unique niche by building an extensive distribution network across the state of Gujarat and beyond, offering both industrial and domestic consumers a reliable and cleaner energy alternative. By investing heavily in infrastructure and technology, Gujarat Gas optimally sources, transports, and provides Compressed Natural Gas (CNG) to vehicular users and Piped Natural Gas (PNG) to households, commercial establishments, and industries. Driven by a robust consumer-centric strategy, the company has developed a reputation for efficient service delivery and adaptability in meeting the growing energy needs of a rapidly industrializing region. The operational model of Gujarat Gas hinges on the procurement of natural gas from upstream suppliers, which is then transmitted through its expansive pipeline network. This infrastructural backbone allows the company to achieve significant economies of scale, thereby underpinning its profitability. Additionally, Gujarat Gas capitalizes on the rising environmental awareness and the government's push for cleaner energy solutions, further buoying its business prospects. Revenue streams are bolstered by both volume growth and strategic pricing, as the company adeptly navigates the complexities of market demands and regulatory frameworks. In doing so, Gujarat Gas not only fuels the ambitions of its vast clientele but also contributes significantly to regional economic development by supporting energy transitions in key sectors.
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