Merger Buzz Triggers Rally In Gujarat Gas & GSPL: Here’s What Experts Think

Shares of Gujarat Gas surged by 14 percent, while Gujarat State Petronet (GSPL) also saw gains in Monday's (September 2nd) trading session following the announcement of an amalgamation and arrangement scheme. Under this plan, Gujarat State Petroleum Corporation (GSPC), GSPL, and GSPC Energy (GEL) will merge with Gujarat Gas. Watch this video to hear what Chakri Lokapriya, Managing Partner at RedStrawBerry LLP, and Vaishali Parekh, VP of Technical Research and Analysis at Prabhudas Lilladher, think about these stocks.