If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse. The prospects of the company get even better when we take a look at its ROE and ROCE which stand at 25.6% and 30.4% respectively. Its revenues have increased from Rs. 48,551 cr to Rs. 92,770 cr from 2017 to 2022, falling to Rs. 57,371 cr by 2021. However, its profits have continuously increased from Rs. 3,948 cr to Rs. 12,256 cr from 2017 to 2022 before falling to Rs. 4428 cr in 2021. Its revenues have increased from Rs. 3,814 cr to Rs. 7,710 cr from 2017 to 2022, falling to Rs. 4950 cr in 2021. Similarly, its profits increased from Rs. 542 cr to Rs. 1,502 cr from 2017 to 2022 before falling to Rs. 1046 cr in 2021.

  • On a rolling basis, stocks which come in top 80% of total market-cap are considered largecaps, next 15% midcaps and remaining 5% smallcaps.
  • The Company’s geographical segments include operations in India, which provides for Onshore Offshore, and Outside India.
  • Even in India, energy sector stocks are raking in huge profits, despite the levy of additional taxes by the government.
  • This means thinking about downside risk and not allocating too many funds into one energy stock or the energy industry as a whole.
  • The company supplies natural gas as vehicular fuel and for cooking purposes.

First, there are lots of opportunities for growth in India. The country has been growing at an annual rate of 4% over the past decade, so there will be plenty of new jobs and businesses opening up every day. Best stock discovery tool with +130 filters, built for fundamental analysis. Profitability, Growth, Valuation, Liquidity, and many more filters.

Further penetration in existing geographical areas and expansion in new areas along with a favourable regulatory scenario gives visibility for long-term volume growth, the firm said. You can now get the latest updates in the stock market on Trade Brains News and you can even use our Trade Brains Portal for fundamental analysis of your favorite stocks. The Centre first introduced a cess of ₹23,250 per tonne by way of special additional excise duty on domestically produced crude oil on July 1, 2022. The centre decided to impose a windfall tax on oil export to tap into the huge profits oil producers and refiners were making on oil export. The measures were supposed to compensate for the excise duty cut on fuel, which was announced in May 2022. In the fifth round of revisions since the introduction of the windfall profit tax on oil export in July 2022, the Centre has reduced tax on domestically-produced crude oil to ₹10,500 per tonne from ₹13,300 per tonne.

Invest wise with Expert advice

In the first half of this year, Berkshire had an operating profit of $16.3 billion. The Covid 19 pandemic will disrupt the performance of gas utilities companies in the short term but it is a positive play from a longer-term point of view. The growth drivers for gas consumption (stable regulations, improving last-mile connectivity, ease of imports, etc.) are intact. City Gas Distribution are the best plays in the sector given superior revenue models (unregulated, attractive RoE, earnings growth, etc.). NBFC sector is now an integral part of the financial services industry.

best natural gas stocks

It is a highly profitable company with a robust track record of paying high dividends. The company has a production capacity of 80.55 metric tonnes per annum. It also has a global presence with Sri Lanka, Mauritius, and the UAE. It has a huge team of more than 35,000 people and state-of-the-art and modern research and development facilities. It accounts for almost half of the country’s petroleum products.

Sensex Today Falls 510 Points | 3 Reasons Why Indian Share Market is Down Today | IT Stocks Witness Selling(Closing)

The Oil and Gas sector has several large-sized top petrol companies in India. Government-owned, public-sector undertakings dominate the sector. The Oil and Gas sector has a huge role in meeting India’s energy requirements, whether industrial, retail, or consumer. As more women join the last-mile delivery workforce, ecommerce and logistics companies are tweaking their anti-sexual harassment policies to protect the fleet of their female delivery personnel.

best natural gas stocks

Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing alpari forex broker review in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved.

Top Gas Companies in India – Conclusion

Please note that this analysis is done with the only purpose of screening good companies. No suggestions are being made to directly go and invest in the top scoring companies of this analysis. We suggest that one should perform a qualitative analysis of top scoring companies in this analysis and take investment decisions based on risk profile. Which are the top 6 Natural Gas distribution companies in India? Quantitative analysis of the top Natural Gas companies in India based on 10 parameters.

best natural gas stocks

Second, India’s economy is expected to grow at an average rate of 6% over the next few years . This is an exclusive story available for selected readers only. The company operates in the cities of Ahmedabad and Vadodara in Gujarat, Faridabad in Haryana and Khurja in Uttar Pradesh. Its profits, however, are beyond impressive as they increased almost 6 times from Rs. 219 cr. The company also has offered a good ROE and ROCE of 21.6% and 27.8% respectively. B) Trading in leveraged products /derivatives like Options without proper understanding, which could lead to losses.

This has encouraged both private and public participation in the market. Recently Indian Oil Corp Ltd. and Adani Gas Ltd won the most licenses for the distribution of gas i.e 17 and 15 respectively. Adani Gas has had the highest net profit growth over 5 years mainly on the back of improved operating efficiencies, hence it is ranked at no.1 position and has scored highest points. This ratio gives the ability of the company to pay interest from its operating profit. However, D/E should be considered along with other parameters like return ratios, Interest coverage ratios,etc. Here are the latest stock price details of the stocks in the BSE Oil & Gas.

Bharti Telecom plans to raise ₹7,000 cr via bonds; Airtel shares down 2% The telecom company is looking to raise the fund through shorter-tenor bonds in three tranches and has invited bids from investors on November 18. Ranking at no.9 in the list gann square of nine of best gas companies in India is. It has the unique distinction of being the only state-government-owned oil and gas company. The Government of India plans to spend Rs. 7.5 trillion to expand oil and gas infrastructure over the next 6 years.

ONGC operates its business through its several divisions – ONGC Videsh, ONGC Petro-additions Ltd, ONGC Tripura Power Company, and Mangalore Refinery and Petrochemical Ltd. As these companies are large, the market cap has been deemed the best basis for ranking. Market capitalization is the total market price of the company’s total outstanding shares. Incorporated in 2015, Adani Green, with its current portfolio of over 20 GW, features among the largest renewable energy companies in India. It has plans to generate green hydrogen and plans to invest over $70 billion in green energy projects.

Sector / Industry

It has given a good ROE and ROCE of 23% and 24.6% respectively. The profits of Adani Total Gas have impressively increased from Rs. 164 cr in 2018 to Rs. 505 cr in 2022. This was despite the company’s revenues growing from Rs. 1,373 cr in 2018 to Rs. 3,038 in 2022 before suffering a fall to Rs. 1,695 cr in 2021. Its revenues and profits show a very impressive picture to start with.

Its market capitalization is Rs.4.10 crores, and its share price trades around Rs.83. Its share price is relatively high, trading at around Rs.2840. Market commentators see the price rise as positive for oil and gas explorers, which may see better top line growth because of this. Shares of these companies could see a traction in Friday’s trade and onwards. A part of Tata Group, Tata Power is India’s largest integrated power company. It is further making a foray into clean and green energy by investing in solar and wind projects.

You can view all listed stocks and the available prices to buy and sell them by logging in. Investors can make a watchlist of all stocks they are interested in buying. Gujarat Gas is the largest gas distribution company in India. This is because the company’s pipeline network starts where GSPL ends. Completing the list of top 10 Natural gas shares to buy is Gujarat Gas Limited.

India is a steady ship and a bright spot in a turbulent world, Union ministers said at an elite gathering to celebrate the eighth edition of The Economic Times Startup Awards in Bengaluru on Saturday. The spike in energy prices has triggered concerns over inflation. Oil marketing companies including Indian Oil, Hindustan Petroleum Corporation, Bharat InstaForex Broker Review Petroleum rose 2-3 per cent each. Reliance Industries and Indraprastha Gas also rose marginally. We collect, retain, and use your contact information for legitimate business purposes only, to contact you and to provide you information & latest updates regarding our products & services. We do not sell or rent your contact information to third parties.