Sector Trends     31-Mar-24
Sector
Gas Distribution

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.

 

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