BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Dolat Capital Report
Gujarat State Petronet Ltd. transmission volumes at 33.25 million metric standard cubic meter per day (de-growth of 13% YoY and of 9.6% sequentially) is above our estimates of 22 million metric standard cubic meter per day.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
-
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
India Could Gain If AI Trade Unwinds, US Midterms May Hurt Markets: Ramesh Damani -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI -
"I Am A Material Man In A Material World': Quantum Advisors' Ajit Dayal On NDTV Profit Ignite
Tariffs were at Rs 1.5 per standard cubic meter per day (growth of 2% YoY and de-growth of 14.3% QoQ).
Revenue was ahead of our estimates. Refinery and Power sector considered as essential commodity, largest offtake were from those segments.
National Green Tribunal's March 06, 2019 order to ban the use of coal gasifiers in Morbi region, spurted Gujarat Gas Ltd. volumes from its industrial belt of Morbi in the previous quarters. However, due to shut down of non-essential industrial units, volumes from city gas distrubution business was low.
We expect Gujarat State Petronet transmission volumes to increase from H2 FY21 from Gujarat Gas volumes, other CGD projects and power sector.
Volumes can be subdued from CGD segment in H1 FY21 because of lower industrial activity due lockdown and slower revival of economy.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
