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Cash Market | Gujarat Gas breaks out of a double bottom pattern

Gujarat Gas breaks close above 50 period average

May 13, 2022 / 07:04 AM IST
Cash Market | Gujarat Gas breaks out of a double bottom pattern

Gujarat Gas Company | CMP: Rs 540 | The stock jumped over 6 percent after the company clocked a 27.6 percent year-on-year growth in consolidated profit at Rs 444.4 crore in quarter ended March 2022 despite higher input cost, led by strong topline and operating income. Revenue surged 36.5 percent to Rs 4,773.4 crore during the same period.

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