Gujarat Gas has target of Rs 452: Aunali Rupani

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Gujarat Gas has target of Rs 452: Aunali Rupani

Gujarat Gas has target of Rs 452, says Aunali Rupani, Director of Arm Research.

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Gujarat Gas has target of Rs 452, says Aunali Rupani, Director of Arm Research.

Rupani told CNBC-TV18, "Gujarat Gas is India's largest gas distribution company in the private sector. This company has a monopoly in Gujarat state. It is a zero debt company and the realization is improving. Their realizations has improved from 17.SCM to about 19.1SCM. I am expecting a net profit this year close to Rs 360 crore. My target on the stock will be Rs 452 and you can keep a stop loss at Rs 438."

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