Gujarat Gas Ltd | Natural Momentum Stock

Gujarat Gas Ltd | Natural Momentum Stock
Gujarat Gas Limited (GGL) is a government company u/s 2(45) of Companies Act 2013. Formerly Known as GSPC Distribution Networks Limited(GDNL), GGL is engaged in the business of Natural gas in India.

Financial : Strong
Market Cap = ₹ 38,216 Cr. ROCE = 31.2 % ROE = 24.2 %

Debt to equity = 0.02 Promoter holding = 60.9 %

Quick ratio= 0.64 Current ratio = 0.66 Piotroski score = 8.00

Profit Var 3Yrs = 8.45 % Sales growth 3Years = 17.6 %

Return on assets =14.9 %

This stock is mow in proper momemtum zone . you can see the price action now rounding bottom create and trying to start in upward direction.

everyone can watch this stock and do proper research before investing.

Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.

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