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Gujarat Energy Profit Surges 26%, Shares Rise 2% Amid 50% Upside Target
📷 Image: Wikimedia Commons / U.S. Department of State
Business

Gujarat Energy Profit Surges 26%, Shares Rise 2% Amid 50% Upside Target

✍️ Livemint 🗓 09 Nov 2026, 05:32 PM 👁 12
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Gujarat Energy's quarterly earnings jumped 26%, lifting its shares by 2% on the NSE. A leading brokerage has set a target price that suggests a 50% upside potential.

Q2 earnings of Gujarat Energy rose 26%, marking a significant jump in profitability.

The company's shares gained 2% on the NSE, reflecting positive market sentiment.

Analysts from a leading brokerage have raised the target price, suggesting a potential 50% upside for investors.

As a state‑owned enterprise, Gujarat Energy remains a prominent player in India's renewable energy landscape.
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