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Gujarat State Petronet Ltd closes
at ₹ 198.60 with a Gain of +0.10 % on 29-April-2020
with formation of a Green Candle on Daily Price
Chart.
Whats
Positive ? The Company will be benefited due to rise in consumptions
of GAS at household level. GSPL’s volume is expected to be 37.3
mmscmd, up 15.1% YoY owing to robust demand from City Gas Distribution (CGD )companies .
Valuations : We are expecting that company will post Net Sales of
Rs. 632.00 Cr in Q4 FY2020 a rise of +46% QoQ and +!% YoY. PAT will be Rs.227
Cr with a rise of +48% QoQ and +2.2% YoY.
Company is
now Trading at X0.6 of its Value with a
~ 40% Discount. . If we consider the above earning for the full FY2020, its
valuations will be X0.55, which makes it attractive with a Discount of ~45% to
its present value.
Disclaimer : We are / may going to take exposure
shortly.
The
author tracks economic, behavioural and corporate tends, hoping to gauge good
avenues of return based on Fundamental Valuations of Stocks, a follower of EPV
method. You can reach me/us at |
Twitter # NiftyNext1 | e-Mail :
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