Gujarat Gas Share Price in Focus; Supports Morbi Ceramic Industry Revival with Assured Supply

Written by: Neha DubeyUpdated on: 24 Apr 2026, 8:27 pm IST

Gujarat Gas ensures steady supply and pricing, aiding revival of Morbi ceramic units impacted by recent disruptions.

Gujarat Gas Limited has announced measures to support the revival of the Morbi ceramic industry by ensuring uninterrupted gas supply and stable pricing.

The initiative follows disruptions caused by geopolitical developments, which had impacted production and employment in the region.

With supply conditions stabilising, industrial activity is gradually resuming across the ceramic cluster.

Support Amid Supply Disruptions

The company has reaffirmed its role as a key supplier of piped natural gas (PNG) to the Morbi ceramic cluster. During recent geopolitical challenges, Gujarat Gas sourced fuel from alternative markets outside the Middle East to maintain uninterrupted supply in line with government directives.

Impact on Ceramic Industry

The disruption led to increased raw material costs, higher freight charges, and restrictions on propane usage. As a result, several ceramic units in Morbi temporarily halted operations from mid-March 2026, affecting employment for a large workforce.

Steps Towards Industry Revival

Gujarat Gas engaged with stakeholders, including industry associations, to facilitate the restart of operations. The company focused on ensuring continuous gas availability, stable pricing, and adequate supply volumes to meet industrial requirements.

Gradual Recovery in Activity

Industrial operations have begun to recover in April 2026. Gas consumption increased from around 0.36 mmscmd at the end of March to approximately 2.70 mmscmd by April 22, with the number of active units rising significantly.

Outlook for May 2026

The company expects further improvement, with the number of active units projected to reach around 675–700. Gas consumption is estimated to increase to 6–7 mmscmd, supported by assured supply and pricing for the month.

Broader Ecosystem Support

In addition to industrial supply, Gujarat Gas is facilitating PNG connections for ancillary facilities such as employee canteens, contributing to the operational ecosystem of manufacturing units.

Gujarat Gas Share Price Performance

Shares of Gujarat Gas Limited were trading at ₹383.90 as of 24 April 2026, 14:48 IST, down 0.54% from the previous close of ₹386.00.

Conclusion

Gujarat Gas’s measures to stabilise supply and pricing have supported the gradual revival of the Morbi ceramic industry. As operations resume and consumption rises, the sector appears to be moving towards recovery following recent disruptions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.

Published on: Apr 24, 2026, 2:56 PM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

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