Gujarat Gas Shines on Nifty Midcap with 4.37% Surge, Q4 Results and Dividend Announced

Gujarat Gas Ltd (NSE: GUJGASLTD), a prominent player in India's city gas distribution sector, witnessed a significant uplift in its share price today, surging by 4.37% to reach Rs 487.55. This strong performance positions Gujarat Gas among the top gainers within the NIFTY MIDCAP 150 index, signaling positive investor sentiment. The surge comes on the heels of the company's recent Q4 FY25 financial results announcement on May 19, 2025. Gujarat Gas reported a 29% increase in standalone net profit to Rs 287 crore for the January-March quarter, comfortably surpassing Bloomberg analysts' consensus estimate of Rs 235 crore. The board also recommended a dividend of Rs 5.81 per equity share for FY25, subject to shareholder approval.