Gujarat Gas shares skyrocket 13% after announcing restructuring of group entities. Should you invest?
Shares of Gujarat Gas surged 13.6% to its new all-time high of Rs 689.45 on BSE after the company on Friday announced the restructuring of its group entities Gujarat State Petroleum Corporation (GSPC), Gujarat State Petronet (GSPL), and Gujarat Gas, following which the brokerages have upgraded the stockβs target price up to Rs 715. Under…
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