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Gujarat Gas Ltd., incorporated in the year 2012, is a Mid Cap company (having a market cap of Rs 33930.75 Crore) operating in Gas & Petroleum sector.

Digitisation and regulations will continue to spur higher penetration of Indians into financial markets. Catering to the needs of more and more individuals has and will force manufacturers to come out with varied financial products that can cater to the dynamic needs of this growing investor base.

Promoters held 0.0 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 8.68 per cent and 2.1 per cent, respectively.

Crypto lending exchange Crypto.com has laid off more employees in the second round and this time, the firing of employees is worse than the previous job cut, as the global crypto meltdown gets deeper. According to a Decrypt report, citing sources, the latest round of job cuts has not been announced publicly. According to the report, the Singapore-based company this time fired people "from critical products like exchange, app and wallet."

“In the second half, there is a case for a consolidation because we are talking about wider participation in the market. Some sort of euphoria is building in and so some consolidation is likely to happen around these levels. That is my expectation because if that does not happen, then it becomes vulnerable to a bigger correction later. ”

A total of 35,519 shares changed hands on the counter till 12:18PM (IST).

The stock traded at a P/E multiple of 26.8, while the price-to-book value ratio stood at 5.01.

The benchmark BSE sensex has had a bumpy ride since scaling its all-time high level of 62,245 in October last year. The index did go past the 60,000-mark on 2 occasions this year, but could not hold on to it for long. On Wednesday, after 178 days, BSE sensex again breached the psychological level of 60,000.

Saving is an indispensable part of the financial toolbox, providing the capital imperative to invest: on a minimum level investing allows one to keep pace with cost-of-living expense-upswing created by inflation; on a maximum level, long-term investing opens the possibility of compounding interest.

“The pace of the rebound in FIIs flows is likely to take a bit of a pause in the next weeks and months. I would not say big pause but certainly if the inflation data comes out to be of negative surprise meaning too much inflation or if the Fed continues to talk much more hawkish, you could see some risk-off and really it is not about India specific.”