- Gujarat Petronet’s net income for the first quarter reached 1.42 billion rupees.
- Net income decreased by 33% compared to the same period last year.
- The net income surpassed market estimates of 1.09 billion rupees.
- Revenue for the quarter was recorded at 2.84 billion rupees.
- Revenue showed a 20% decrease year-over-year, yet exceeded expectations of 2.38 billion rupees.
- Total costs rose to 1.37 billion rupees, marking a 32% increase from the previous year.
- Other income increased by 32%, amounting to 432.9 million rupees.
- Analyst recommendations include 8 buys, 9 holds, and 3 sells for the stock.
A look at Gujarat State Petronet Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Looking at the Smartkarma Smart Scores for Gujarat State Petronet, the company seems to have a positive long-term outlook. With a strong score of 5 for dividends and a solid score of 4 for both value and resilience, investors may see Gujarat State Petronet as a reliable option for steady returns. However, the company’s lower momentum score of 2 suggests that it may not be gaining market traction as quickly as some of its competitors. While growth potential is rated at 3, indicating moderate expectations for future expansion, the overall picture painted by the Smart Scores points towards a stable investment choice with a focus on consistent returns.
As the owner and operator of a natural gas transmission network in Gujarat, India, Gujarat State Petronet primarily caters to natural gas end-users in the region. The company’s strong dividend score of 5 bodes well for income-seeking investors, while its resilience and value scores of 4 highlight a sound financial position and attractive pricing metrics. With a moderate growth outlook of 3, Gujarat State Petronet appears to be positioned for steady, albeit not rapid, expansion in the future. While momentum lags behind other factors with a score of 2, indicating sluggish market performance, the company’s overall profile suggests a reliable investment opportunity with a focus on stability and dividends.
### Gujarat State Petronet Limited owns and operates a natural gas transmission network in India. The Company serves the State of Gujarat, and most of its customers are natural gas end-users. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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