Buy Gujarat Gas Ltd. target Rs 875:Kapil Shah

Buy Gujarat Gas Ltd. at a price target of Rs 875.0 and a stop loss at Rs 815 from entry point.

Kapil Shah of Emkay Global Financial Services has a buy call on Gujarat Gas with a target price of Rs 875.

The current market price of Gujarat Gas is Rs 840.80.

Time period given by the analyst is a month when Gujarat Gas price can reach defined target.

Emkay Global Financial Services recommended to keep a stop loss at Rs 815.

Gujarat Gas, incorporated in the year 2012, is a Mid Cap company (having a market cap of Rs 11,519.52 Crore) operating in Petroleum sector.

The company’s top management includes Dr.J N Singh, Dr.T Natarajan, Mr.Jal Patel, Mr.K D Chatterjee, Mr.Milind Torawane, Mr.Sujit Gulati, Mrs.Manjula Shroff, Prof.Piyush Kumar Sinha, Prof.Vishal Gupta.
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Company has S R Goyal & Co. as its auditors.

As on 30-09-2017, the company has a total of 137,678,025 shares outstanding.
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