Date: 28 Mar 2024
Gas Distribution
Sector |
Market Cap |
No of Companies |
Gas Distribution |
363558.71 |
8 |
NetWorth |
120060.74 |
TTM Sales |
244236.41 |
TTM Sales Var (%) |
-4.80 |
Debt |
22968.69 |
TTM OP |
26496.59 |
TTM NP Var (%) |
-0.33 |
Capital Employed |
161793.65 |
TTM OPM (%) |
12.80 |
EV/TM Sales |
1.49 |
Net Block |
116641.07 |
TTM PATM (%) |
7.46 |
EV/TTM EBITDA |
14.04 |
Current Assets |
44134.48 |
Debt / Equity |
0.19 |
P/E |
19.94 |
ROCE (%) |
21.85 |
RONW (%) |
15.19 |
P/B |
3.03 |
The above figures are in Rs. Crores as of 28 Mar 2024
TTM ended December 2023
|
28 Mar 2024 |
28 Feb 2023 |
28 Feb 2022 |
MoM Var. (%) |
YoY Var. (%) |
Sector Marketcap |
363558.71 |
266921.81 |
359811.76 |
36.2 |
1.04 |
Total Marketcap |
38945362.38 |
25907447.46 |
26551333.43 |
50.32 |
46.68 |
Sector's share |
0.93 |
1.03 |
1.36 |
-0.1 |
-0.43 |
Sector No of companies |
8 |
8 |
8 |
0 |
0 |
Total Listed companies |
4583 |
4247 |
4124 |
336 |
459 |
Sector's share |
0.17 |
0.19 |
0.19 |
-0.02 |
-0.02 |
Nifty 50 |
22123.65 |
21982.8 |
17359.75 |
0.64 |
27.44 |
Gainers |
Company Name |
28/03/2024 |
28/02/2024 |
Var% |
Deep Industries |
307.60 |
250.70 |
22.70 |
Indraprastha Gas |
430.95 |
415.70 |
3.67 |
GAIL (India) |
181.15 |
179.25 |
1.06 |
Losers |
Company Name |
28/03/2024 |
28/02/2024 |
Var% |
Adani Total Gas |
925.45 |
1018.95 |
-9.18 |
Mahanagar Gas |
1363.50 |
1468.50 |
-7.15 |
Petronet LNG |
263.35 |
273.80 |
-3.82 |
Guj.St.Petronet |
356.20 |
361.30 |
-1.41 |
Gujarat Gas |
544.25 |
548.65 |
-0.80 |
During the month of March 2024, Gas Distribution sector’s Marketcap increased 36.2% to Rs 363558.71 crore, compared to 50.32% rise in total listed marketcap to Rs 38945362.38 crore.
Sector’s share of total listed marketcap moved to 0.93% in March 2024 from 1.03% in February 2023 and 1.36% in February 2022.
In terms of price appreciation in the sector, there were 3 gainers and 5 losers in the month of Mar 2024. The gainers accounted for 37.50% of sector companies, losers accounted for 62.50% of sector companies.
The top 3 gainers were Deep Industries (22.70% gain), Indraprastha Gas (3.67% gain) and GAIL (India) (1.06% gain).
The 3 losers at the bottom were Adani Total Gas (-9.18% fall), Mahanagar Gas (-7.15% fall) and Petronet LNG (-3.82% fall).
GAIL (India) Ltd, Indraprastha Gas Ltd, Mahanagar Gas Ltd and Petronet LNG Ltd announced dividend of 5.5, 4, 12 and 7.
During the month GAIL (India) Ltd, Mahanagar Gas Ltd, Petronet LNG Ltd, Indraprastha Gas Ltd, Gujarat State Petronet Ltd, Adani Total Gas Ltd, Gujarat Gas Ltd and Deep Industries Ltd filed their shareholding patterns.
FIIs increased their shareholding in Mahanagar Gas Ltd from 30.51% to 30.85% and Gujarat State Petronet Ltd from 16.01% to 16.03%. FIIs reduced their shareholding in Deep Industries Ltd from 2.18% to 2.03%, Gujarat Gas Ltd from 3.80% to 3.34%, GAIL (India) Ltd from 14.65% to 14.14%, Adani Total Gas Ltd from 13.94% to 13.06%, Indraprastha Gas Ltd from 20.94% to 17.90% and Petronet LNG Ltd from 33.31% to 26.83%.
DIIs increased their shareholding in Petronet LNG Ltd from 4.84% to 9.92%, Indraprastha Gas Ltd from 20.72% to 22.10%, Mahanagar Gas Ltd from 15.50% to 16.72%, Gujarat Gas Ltd from 13.01% to 13.96% and GAIL (India) Ltd from 18.97% to 19.21%. DIIs reduced their shareholding in Gujarat State Petronet Ltd from 24.87% to 24.45%.
During the month Annual reports of GAIL (India) Ltd, Mahanagar Gas Ltd, Great Eastern Energy Corporation Ltd, Petronet LNG Ltd, Indraprastha Gas Ltd, Gujarat State Petronet Ltd, East West Pipeline Pvt Ltd, Green Gas Ltd, Central UP Gas Ltd, Maharashtra Natural Gas Ltd, Sabarmati Gas Ltd, Adani Total Gas Ltd, GSPC LNG Ltd, Gujarat Gas Ltd, Aavantika Gas Ltd, Unison Enviro Pvt Ltd, Deep Industries Ltd, Torrent Gas Pvt Ltd, Think Gas Distribution Pvt Ltd, Haryana City Gas Distribution Ltd, GSPL India Transco Ltd, Bengal Gas Company Ltd, Torrent Gas Moradabad Ltd, Sanwariya Gas Ltd, Matrix Gas and Renewables Ltd and Helios Capital Asset Management India Pvt Ltd were updated in Capitaline.