Gujarat Gas has surged 4% to 395 on the likely bid by Gujarat State Petroleum (GSPL) for BG stake in the company, reports sources.
The non-binding bids for BG stake in Gujarat Gas to be submitted today.
Meanwhile, Reliance Industries (RIL) may also join the race.
In the intraday trade, the stock opened at Rs 396 and made a high of Rs 414. Around 2,20,000 shares were traded in BSE and NSE.