{"id":342651,"date":"2026-11-09T16:55:42","date_gmt":"2026-11-09T11:25:42","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=342651"},"modified":"2026-11-09T16:55:42","modified_gmt":"2026-11-09T11:25:42","slug":"gujarat-energy-share-price-gains-2-percent-gujarat-energy-q2-results-profit-up-26-percent-brokerage-view-9-november-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/gujarat-energy-share-price-gains-2-percent-gujarat-energy-q2-results-profit-up-26-percent-brokerage-view-9-november-2026\/","title":{"rendered":"Gujarat Energy Share Price Gains Nearly 2% as Profit Rises 26%: What the Gujarat Energy Q2 Results and the Brokerage View Show"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Gujarat Energy rose nearly 2% on 9 Nov 2026 after Q2 results; consolidated profit up about 26% (Mint). Growth figures conflict across sources and the broker note is unconfirmed.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Gujarat Energy share price rose nearly 2% on 9 November 2026, per Mint, after Gujarat Energy Q2 results showed consolidated profit up about 26%. Reported growth figures differ across sources, and I could not confirm which brokerage Mint cites.<\/p>\n<\/p><\/div>\n<p>The <strong>Gujarat Energy share price<\/strong> rose nearly 2% on 9 November 2026 after the <strong>Gujarat Energy Q2 results<\/strong> showed profit growth that Mint puts at 26%, with a brokerage described as bullish on the PSU. The company is the former Gujarat Gas, a city gas distribution business. This article sets out the price data, the results, the broker views on record, valuation and risks. The growth figures differ across sources, so I flag each conflict instead of choosing one.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=discover\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-energy-share-price-gains-2-percent-gujarat-energy-q2-results-profit-up-26-percent-brokerage-view-9-november-2026\/#Gujarat_Energy_Share_Price_What_Is_Reported\" title=\"Gujarat Energy Share Price: What Is Reported\">Gujarat Energy Share Price: What Is Reported<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-energy-share-price-gains-2-percent-gujarat-energy-q2-results-profit-up-26-percent-brokerage-view-9-november-2026\/#Gujarat_Energy_Q2_Results_Profit_Revenue_and_the_Conflicting_Figures\" title=\"Gujarat Energy Q2 Results: Profit, Revenue and the Conflicting Figures\">Gujarat Energy Q2 Results: Profit, Revenue and the Conflicting Figures<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-energy-share-price-gains-2-percent-gujarat-energy-q2-results-profit-up-26-percent-brokerage-view-9-november-2026\/#Brokerage_Views_on_Gujarat_Energy\" title=\"Brokerage Views on Gujarat Energy\">Brokerage Views on Gujarat Energy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-energy-share-price-gains-2-percent-gujarat-energy-q2-results-profit-up-26-percent-brokerage-view-9-november-2026\/#What_Moves_the_Gujarat_Energy_Share_Price\" title=\"What Moves the Gujarat Energy Share Price\">What Moves the Gujarat Energy Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-energy-share-price-gains-2-percent-gujarat-energy-q2-results-profit-up-26-percent-brokerage-view-9-november-2026\/#Gujarat_Energy_Share_Price_Checklist_and_Risks\" title=\"Gujarat Energy Share Price Checklist and Risks\">Gujarat Energy Share Price Checklist and Risks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-energy-share-price-gains-2-percent-gujarat-energy-q2-results-profit-up-26-percent-brokerage-view-9-november-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-energy-share-price-gains-2-percent-gujarat-energy-q2-results-profit-up-26-percent-brokerage-view-9-november-2026\/#Frequently_Asked_Questions_on_the_Gujarat_Energy_Share_Price\" title=\"Frequently Asked Questions on the Gujarat Energy Share Price\">Frequently Asked Questions on the Gujarat Energy Share Price<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-energy-share-price-gains-2-percent-gujarat-energy-q2-results-profit-up-26-percent-brokerage-view-9-november-2026\/#Why_did_the_Gujarat_Energy_share_price_rise_on_9_November\" title=\"Why did the Gujarat Energy share price rise on 9 November?\">Why did the Gujarat Energy share price rise on 9 November?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-energy-share-price-gains-2-percent-gujarat-energy-q2-results-profit-up-26-percent-brokerage-view-9-november-2026\/#What_were_the_Gujarat_Energy_Q2_results\" title=\"What were the Gujarat Energy Q2 results?\">What were the Gujarat Energy Q2 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-energy-share-price-gains-2-percent-gujarat-energy-q2-results-profit-up-26-percent-brokerage-view-9-november-2026\/#Why_do_the_Gujarat_Energy_Q2_results_growth_figures_differ\" title=\"Why do the Gujarat Energy Q2 results growth figures differ?\">Why do the Gujarat Energy Q2 results growth figures differ?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-energy-share-price-gains-2-percent-gujarat-energy-q2-results-profit-up-26-percent-brokerage-view-9-november-2026\/#Is_Gujarat_Energy_the_same_company_as_Gujarat_Gas\" title=\"Is Gujarat Energy the same company as Gujarat Gas?\">Is Gujarat Energy the same company as Gujarat Gas?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-energy-share-price-gains-2-percent-gujarat-energy-q2-results-profit-up-26-percent-brokerage-view-9-november-2026\/#Which_brokerage_is_bullish_on_Gujarat_Energy\" title=\"Which brokerage is bullish on Gujarat Energy?\">Which brokerage is bullish on Gujarat Energy?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-energy-share-price-gains-2-percent-gujarat-energy-q2-results-profit-up-26-percent-brokerage-view-9-november-2026\/#What_is_the_analyst_target_for_the_Gujarat_Energy_share_price\" title=\"What is the analyst target for the Gujarat Energy share price?\">What is the analyst target for the Gujarat Energy share price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-energy-share-price-gains-2-percent-gujarat-energy-q2-results-profit-up-26-percent-brokerage-view-9-november-2026\/#Is_the_Gujarat_Energy_share_price_expensive\" title=\"Is the Gujarat Energy share price expensive?\">Is the Gujarat Energy share price expensive?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/gujarat-energy-share-price-gains-2-percent-gujarat-energy-q2-results-profit-up-26-percent-brokerage-view-9-november-2026\/#What_should_investors_do_about_the_Gujarat_Energy_share_price\" title=\"What should investors do about the Gujarat Energy share price?\">What should investors do about the Gujarat Energy share price?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Gujarat_Energy_Share_Price_What_Is_Reported\"><\/span><strong>Gujarat Energy Share Price: What Is Reported<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Gujarat Energy share price: item<\/th>\n<th>Reading<\/th>\n<th>Source and date<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Gujarat Energy share price move on 9 November 2026<\/td>\n<td>Gain of nearly 2%<\/td>\n<td>Mint headline and intro<\/td>\n<\/tr>\n<tr>\n<td>Last verified Gujarat Energy share price before the results<\/td>\n<td>Rs 221.00 at 1:58 PM on 4 November<\/td>\n<td>Trendlyne; the day before the 5 November results<\/td>\n<\/tr>\n<tr>\n<td>End-of-day Gujarat Energy share price on 4 September<\/td>\n<td>Rs 263.59<\/td>\n<td>MarketScreener, NSE<\/td>\n<\/tr>\n<tr>\n<td>Change between the two readings<\/td>\n<td>About 16% lower<\/td>\n<td>My arithmetic: 221.00 divided by 263.59; the dates and venues differ<\/td>\n<\/tr>\n<tr>\n<td>Gujarat Energy Q2 results announced<\/td>\n<td>5 November 2026, after the board meeting<\/td>\n<td>Exchange filing list on Sharekhan<\/td>\n<\/tr>\n<tr>\n<td>Live 9 November Gujarat Energy share price<\/td>\n<td>Not retrieved<\/td>\n<td>Check a live quote on the exchange<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>I could not retrieve a reliable 9 November quote, so I do not state a price for the day. A 2% gain on a stock near Rs 221 would be a few rupees, which is small next to the fall from September. The Univest page for <a href=\"https:\/\/univest.in\/stocks\/gujgasltd\/gujarat-gas-ltd-share-price-today\">Gujarat Energy<\/a> still carries the old Gujarat Gas name and an older price snapshot, so use an exchange quote for the current level. For the wider market backdrop see the <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> and the <a href=\"https:\/\/univest.in\/indices\/sensex\/sensex-share-price-today\">Sensex<\/a>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Gujarat_Energy_Q2_Results_Profit_Revenue_and_the_Conflicting_Figures\"><\/span><strong>Gujarat Energy Q2 Results: Profit, Revenue and the Conflicting Figures<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Gujarat Energy Q2 results item<\/th>\n<th>Reading<\/th>\n<th>Source and note<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Gujarat Energy Q2 results: consolidated net profit<\/td>\n<td>Rs 489.77 crore against a restated Rs 388.67 crore<\/td>\n<td>A data page; growth of about 26% by my arithmetic<\/td>\n<\/tr>\n<tr>\n<td>Gujarat Energy Q2 results: standalone net profit<\/td>\n<td>Rs 639.27 crore, up 21.8%<\/td>\n<td>A data page<\/td>\n<\/tr>\n<tr>\n<td>Standalone profit growth, other headline<\/td>\n<td>Up 127.49% to Rs 639.27 crore<\/td>\n<td>Sharekhan&#8217;s filing feed headline; conflicts with 21.8%<\/td>\n<\/tr>\n<tr>\n<td>Growth figure for Gujarat Energy Q2 results in the Mint intro<\/td>\n<td>21.9% year on year<\/td>\n<td>Mint; I could not tie it to any profit line<\/td>\n<\/tr>\n<tr>\n<td>Gujarat Energy Q2 results: standalone revenue<\/td>\n<td>Rs 9,826.08 crore, up 59.4%<\/td>\n<td>A data page; check the filing<\/td>\n<\/tr>\n<tr>\n<td>Management documents with the Gujarat Energy Q2 results<\/td>\n<td>Press release, investor presentation and call recording<\/td>\n<td>Filed 5 and 6 November<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>For the Gujarat Energy Q2 results, the Mint headline&#8217;s 26% matches consolidated profit growth, while the intro&#8217;s 21.9% is close to the standalone 21.8% but not identical. A third source shows 127.49%, which would imply a much lower base, perhaps because of a restatement or a one-off in the year-ago quarter. I cannot reconcile the three, so read the exchange filing and the investor presentation before relying on any one figure. The revenue jump in the Gujarat Energy Q2 results is also large, and gas trading can lift sales without lifting margins in proportion.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Screen gas and energy stocks on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Brokerage_Views_on_Gujarat_Energy\"><\/span><strong>Brokerage Views on Gujarat Energy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Brokerage or aggregator<\/th>\n<th>View on record<\/th>\n<th>Date and note<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Motilal Oswal<\/td>\n<td>Buy, target Rs 360, citing a Morbi rebound and trading gains<\/td>\n<td>12 August 2026, after Q1 FY27<\/td>\n<\/tr>\n<tr>\n<td>Nomura<\/td>\n<td>Buy, target Rs 379, trimmed from Rs 382<\/td>\n<td>14 August 2026<\/td>\n<\/tr>\n<tr>\n<td>Trendlyne consensus<\/td>\n<td>27 analysts, average target Rs 347<\/td>\n<td>4 November 2026, before the Q2 results<\/td>\n<\/tr>\n<tr>\n<td>MarketScreener consensus<\/td>\n<td>28 analysts, Buy, average target about Rs 360<\/td>\n<td>Early September 2026<\/td>\n<\/tr>\n<tr>\n<td>Brokerage cited by Mint on the Gujarat Energy Q2 results<\/td>\n<td>Described as bullish; name and target not confirmed<\/td>\n<td>I could not find the post-Q2 note<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>These are analysts&#8217; opinions, not forecasts, and targets move after each result. Trendlyne&#8217;s average sat about 57% above the Rs 221 <strong>Gujarat Energy share price<\/strong> it showed on 4 November, a spread that says more about how far the price fell than about what will happen next. A bullish note after the Gujarat Energy Q2 results would fit the Mint headline, but I could not locate it, so treat the brokerage claim as reported by Mint only.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get results alerts and track gas stocks.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Moves_the_Gujarat_Energy_Share_Price\"><\/span><strong>What Moves the Gujarat Energy Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Driver of the Gujarat Energy share price<\/th>\n<th>Why it matters<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Industrial and Morbi ceramic demand<\/td>\n<td>Motilal Oswal tied the Q1 recovery to Morbi; ceramic clusters buy large gas volumes<\/td>\n<\/tr>\n<tr>\n<td>Gas sourcing cost and pricing<\/td>\n<td>City gas distributors depend on how fast cost changes pass to customers<\/td>\n<\/tr>\n<tr>\n<td>Gas trading income in the Gujarat Energy Q2 results<\/td>\n<td>Trading gains helped Q1 and may lift revenue and profit again, but can be lumpy<\/td>\n<\/tr>\n<tr>\n<td>Regulation and tariffs<\/td>\n<td>Rules on allocation and network charges can change margins<\/td>\n<\/tr>\n<tr>\n<td>Sector sentiment and the Gujarat Energy share price<\/td>\n<td>The <a href=\"https:\/\/univest.in\/indices\/nifty-energy\/nifty-energy-share-price-today\">Nifty Energy<\/a> index and crude oil and gas prices influence gas stocks<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The <strong>Gujarat Energy share price<\/strong> has to balance a strong profit print against a long fall from the September level, so a 2% gain in the <strong>Gujarat Energy share price<\/strong> may be a modest recovery, not a trend. Volume per day, margin per unit of gas and the share of industrial customers are the numbers to look for in the investor presentation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Gujarat_Energy_Share_Price_Checklist_and_Risks\"><\/span><strong>Gujarat Energy Share Price Checklist and Risks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Investor situation<\/th>\n<th>Questions to consider<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Existing holder<\/td>\n<td>Is my cost above the Rs 221 area, and what would a weaker margin quarter do to my position?<\/td>\n<\/tr>\n<tr>\n<td>New buyer<\/td>\n<td>Have I read the filing, noted the conflicting growth figures and checked the latest live price?<\/td>\n<\/tr>\n<tr>\n<td>Short-term trader<\/td>\n<td>A 2% gain is small; where would I exit if the post-results move reverses?<\/td>\n<\/tr>\n<tr>\n<td>Long-term investor<\/td>\n<td>How do I weigh volume growth, trading income and regulatory risk in a former Gujarat Gas business?<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>After the Gujarat Energy Q2 results, risks include a drop in industrial demand, a rise in gas costs that cannot be passed on, policy changes and the chance that trading gains do not repeat. Brokerage upgrades can also be reversed. Judge the business through filings, not a single session.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Gujarat Energy share price<\/strong> gained nearly 2% on 9 November 2026 after Gujarat Energy Q2 results showed profit growth that Mint puts at 26%. The reported growth figures conflict, the brokerage view is unconfirmed and the stock had fallen sharply since September. Check the filing and a live quote, and consult a SEBI-registered adviser before acting.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_the_Gujarat_Energy_Share_Price\"><\/span><strong>Frequently Asked Questions on the Gujarat Energy Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_the_Gujarat_Energy_share_price_rise_on_9_November\"><\/span><strong>Why did the Gujarat Energy share price rise on 9 November?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Mint reports a gain of nearly 2% after the company&#x27;s Q2 results showed profit growth of 26% and a brokerage turned bullish. I could not find the broker note or a company announcement for 9 November, so the link between the results and the move is Mint&#x27;s reading, not a confirmed cause.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_the_Gujarat_Energy_Q2_results\"><\/span><strong>What were the Gujarat Energy Q2 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> A data page shows consolidated profit of Rs 489.77 crore against a restated Rs 388.67 crore, about 26% higher by my arithmetic, and standalone profit of Rs 639.27 crore. Growth figures of 21.8%, 21.9% and 127.49% appear in different places, so read the filing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_the_Gujarat_Energy_Q2_results_growth_figures_differ\"><\/span><strong>Why do the Gujarat Energy Q2 results growth figures differ?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Consolidated and standalone profit are different lines, and a restated or one-off year-ago base can change the percentage. Mint&#x27;s 26% fits consolidated profit, 21.8% fits standalone, and I could not explain the 21.9% or the 127.49%. The exchange filing settles which base each figure uses.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Gujarat_Energy_the_same_company_as_Gujarat_Gas\"><\/span><strong>Is Gujarat Energy the same company as Gujarat Gas?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Market data pages show Gujarat Energy as the renamed Gujarat Gas, a city gas distribution company serving 44 districts across six states and one Union Territory, per Trendlyne. Some pages, including the Univest stock page, still use the old name and older price snapshots.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_brokerage_is_bullish_on_Gujarat_Energy\"><\/span><strong>Which brokerage is bullish on Gujarat Energy?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Mint does not name it in the text I could see. On record are Motilal Oswal&#x27;s Buy with a Rs 360 target in August and Nomura&#x27;s Buy with a Rs 379 target. Both predate the Gujarat Energy Q2 results, so a fresh post-results note needs checking.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_analyst_target_for_the_Gujarat_Energy_share_price\"><\/span><strong>What is the analyst target for the Gujarat Energy share price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Trendlyne showed an average target of Rs 347 from 27 analysts on 4 November, and MarketScreener showed about Rs 360 from 28 analysts in September. Targets are opinions that change after results, and they are not forecasts or advice.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Gujarat_Energy_share_price_expensive\"><\/span><strong>Is the Gujarat Energy share price expensive?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> I could not verify a current price-to-earnings figure after the Gujarat Energy Q2 results. The stock had fallen from about Rs 264 on 4 September to Rs 221 on 4 November, by my arithmetic about 16%, so valuation looked lower than in September. Check live multiples and the filing before judging.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_should_investors_do_about_the_Gujarat_Energy_share_price\"><\/span><strong>What should investors do about the Gujarat Energy share price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Univest does not recommend any security. A holder can review cost and position size, a new buyer can read the results filing and the broker notes, and a trader can set exit rules. A SEBI-registered adviser can give advice suited to personal goals and risk.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why did the Gujarat Energy share price rise on 9 November?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Mint reports a gain of nearly 2% after the company's Q2 results showed profit growth of 26% and a brokerage turned bullish. I could not find the broker note or a company announcement for 9 November, so the link between the results and the move is Mint's reading, not a confirmed cause.\"}},{\"@type\":\"Question\",\"name\":\"What were the Gujarat Energy Q2 results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"A data page shows consolidated profit of Rs 489.77 crore against a restated Rs 388.67 crore, about 26% higher by my arithmetic, and standalone profit of Rs 639.27 crore. 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Some pages, including the Univest stock page, still use the old name and older price snapshots.\"}},{\"@type\":\"Question\",\"name\":\"Which brokerage is bullish on Gujarat Energy?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Mint does not name it in the text I could see. On record are Motilal Oswal's Buy with a Rs 360 target in August and Nomura's Buy with a Rs 379 target. Both predate the Gujarat Energy Q2 results, so a fresh post-results note needs checking.\"}},{\"@type\":\"Question\",\"name\":\"What is the analyst target for the Gujarat Energy share price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Trendlyne showed an average target of Rs 347 from 27 analysts on 4 November, and MarketScreener showed about Rs 360 from 28 analysts in September. Targets are opinions that change after results, and they are not forecasts or advice.\"}},{\"@type\":\"Question\",\"name\":\"Is the Gujarat Energy share price expensive?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"I could not verify a current price-to-earnings figure after the Gujarat Energy Q2 results. The stock had fallen from about Rs 264 on 4 September to Rs 221 on 4 November, by my arithmetic about 16%, so valuation looked lower than in September. Check live multiples and the filing before judging.\"}},{\"@type\":\"Question\",\"name\":\"What should investors do about the Gujarat Energy share price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Univest does not recommend any security. A holder can review cost and position size, a new buyer can read the results filing and the broker notes, and a trader can set exit rules. A SEBI-registered adviser can give advice suited to personal goals and risk.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gujarat Energy share price rose nearly 2% on 9 Nov 2026 after Gujarat Energy Q2 results showed profit up 26%. Data, brokerage views and risks.<\/p>\n","protected":false},"author":38,"featured_media":342650,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5331],"tags":[11035,6730,19738,21390,21389,21391,7038],"class_list":["post-342651","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-https-univest-in-blogs-category-results","tag-brokerage-views","tag-city-gas-distribution","tag-gas-stocks","tag-gujarat-energy-q2-results","tag-gujarat-energy-share-price","tag-gujarat-gas","tag-q2-fy27-results"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["342650"],"rank_math_title":["Gujarat Energy Share Price: Gujarat Energy Q2 Results"],"rank_math_description":["Gujarat Energy share price rose nearly 2% on 9 Nov 2026 after Gujarat Energy Q2 results showed profit up 26%. 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