Up 22% in 2 days, this PSU stock in no mood to slow down

ET Intelligence Group: Gujarat Gas has gained nearly 22% in the past two trading sessions following the city gas distributor’s strong December quarter numbers. A higher volume growth and better profitability has prompted analysts to raise the earnings forecast for the company by 8-12% for the current and next fiscal year.The company’s sales volume rose by 23% year-on-year to 11.4 million metric standard cubic metre per day (mmscmd) in the