Gujarat State Petronet: Compelling Valuation
Moneylife Digital Team 07 July 2021
Gujarat State Petronet Ltd (GSPL), the second largest player in gas transmission after GAIL (Gas Authority of India Ltd) and almost a monopoly in Gujarat, reported subdued gas transmission volumes for Q4FY20-21, following a sudden spurt in spot prices of LNG (liquefied natural gas). Although stand-alone performance was under pressure, it reported a strong consolidated performance because of...
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