Gujarat State Petronet Limited (GSPL.NS)
Gujarat State Petronet Limited operates in the Regulated Gas industry of the Utilities sector, headquartered in Gandhinagar, IN. The stock last traded at $268.35, down 7.13% on the session, giving a market capitalisation of $151.41B. Its beta of 0.70 implies it has historically moved less than the broad market.
Gujarat State Petronet Limited (GSPL) specializes in the conveyance of natural gas through its expansive pipeline system across India. Operating on an open access model, the company efficiently links gas supply points to various consumer hubs. GSPL is also instrumental in developing essential energy infrastructure, connecting natural gas sources, including Liquefied Natural Gas (LNG) terminals, to a diverse range of markets within Gujarat. By March 31, 2021, its gas pipeline infrastructure spanned approximately 2,694 kilometers. The company delivers an average of 35 million standard cubic meters per day (MMSCMD) of natural gas to a broad client base, encompassing refineries, steel mills, fertilizer and petrochemical plants, power generation facilities, glass manufacturers, other industrial sectors, as well as textile, chemical, and city gas distribution firms. In addition to its core operations, GSPL contributes to renewable energy by generating and supplying electricity from windmills. The company was founded in 1998 and maintains its principal office in Gandhinagar, India.
Gujarat State Petronet Limited is most often compared with the following Utilities names: