Top PSU stock to buy: Brokerage sees 50% upside! Gujarat Energy shares gain 2% as profit surges 26% - Check target price

Gujarat Energy shares rose nearly 2% after the company reported a 21.9% year-on-year increase in second-quarter net profit to ₹639.27 crore. Motilal Oswal maintained its Buy rating and ₹325 target price, citing strong gas distribution growth and other business strengths.