Hold Gujarat Gas, says Jagannadham Thununguntla

Jagannadham Thununguntla, Head of Research at SMC Global Securities told CNBC-TV18, "One can hold Gujarat Gas. Psychologically you can fix a rate below which I will be selling so keep that rate as a minimum benchmark up to which you are ready to except the fall and beyond which otherwise you keep all the upside open because it is difficult to spot up to what level the stock will rally. If you tend to exit now you may miss the lot of juice upside."

The company's trailing 12-month (TTM) EPS was at Rs 24.47 per share. (Sep, 2014). The stock's price-to-earnings (P/E) ratio was 24.49. The latest book value of the company is Rs 95.55 per share. At current value, the price-to-book value of the company was 6.27. The dividend yield of the company was 1.5 percent.