Bengaluru, Sept. 12 -- Gujarat State Petronet is in focus as Morgan Stanley has cut its target price by 35 percent to Rs 295 from Rs 452 earlier. Additionally, it also added that it favours GAIL and Petronet LNG as it better plays on India's gas adoption theme, given GSPL's limited growth capex and pipeline capacity expansion.

The shares of this leading natural gas transmission company are in focus as a global brokerage slashes its target price massively. In this article, we will dive more into the details behind this.

With a market capitalisation of Rs 17,378 crore, the shares of Gujarat State Petronet Ltd made a day low of Rs 303.15 per share, down by 2 percent from its previous day closing price of Rs 309.85 per share. Over the past ...