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Gujarat State Petronet falls sharply from day's high as tariff cut triggers flurry of downgrades

Published: April 23, 2024

The sharp tariff cut, which poses a threat to GSPL's financial performance, prompted brokerages such as Kotak, Nuvama, Emkay Global and ICICI Securities to downgrade the stock

Source: moneycontrol.com

Related Topics:

Prabhudas LilladherGujarat State Petronet LtdEmkay Global Financial ServicesNatural Gas Regulatory BoardKotak Institutional EquitiesNuvama Institutional EquitiesGujarat State PetronetUzzing StocksGujarat State PetronetSpl Tariff OrderNgrb Tariff OrderSpl Lower Circuit

Gujarat State Petronet shares nosedive 20% after regulator slashes tariff

Published: April 22, 2024

The new tariff is not just 47 percent lower than GSPL's existing tariff but also a third of what was sought by the company

Source: moneycontrol.com

Related Topics:

Gujarat State Petronet LtdNatural Gas Regulatory BoardKotak Institutional EquitiesUzzing StocksGujarat State PetronetSpl Tariff OrderNgrb Tariff OrderSpl Lower Circuit