Substantial increase in trading volumes have been observed in Gujarat Gas Company Limited. The NSE in order to safeguard investors’ interest had written to the company. Gujarat Gas Company Limited has vide its letter inter-alia stated, "We request you to note that at present, in our opinion, the Company does not have any pending announcements/ information, which has a bearing on the price/ volume behavior of its Equity Shares on the Stock Exchanges." The Union cabinet’s forthcoming meeting to review the gas price issue is believed to be the reason behind the huge interest in Gujarat Gas stock. Oil minister Dharmendra Pradhan is to attend the cabinet meet amid gas price hike speculation.
