Gujarat Gas trades at a discount to Indraprastha Gas (IGL) despite the recent rally. In last month discount was about 30 percent and that got trimmed off a bit but even then trades at a bit of a discount.

There is an interesting note from Motilal Oswal that it’s one of the companies, which has seen an earnings upgrade in every quarter since December 2019. So for in more than four quarters it has seen earnings upgrade.

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(Edited by : Bivekananda Biswas)