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Adani Gas: Strong Growth Supports High Valuations for Now


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The stock of Adani Gas Ltd (AGL) has shot up from Rs107 to Rs375 in the past six months which is much more than the other three gas distribution companies’ (Mahangar Gas, Indrapratha Gas and Gujarat Gas). Is the stock worth considering even now? 
 
Adani Gas is in city gas distribution (CGD) business which involves marketing and distribution of natural gas. AGL supplies piped.
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