Mahanagar Gas, IGL and MGL shares
IGL, MGL shares fall up to 13% post profitability warning: Will the sector see a de-rating?
As city gas distributor companies' reliance on market-linked gas reaches 50% and continues to increase, they may have to prioritise maintaining margins over pursuing volume growth. This situation could lead to a derating of the sector,
Mahanagar Gas Limited (MGL) has established over 350 CNG stations in the Mumbai Metropolitan Region, meeting the rising demand for eco-friendly fuel as the number of CNG vehicles surpasses 1 million.
City gas distributor Mahanagar Gas Ltd on Thursday (October 17) said it has encountered a setback following a recent ...
Shares of Indraprastha Gas Ltd and Mahanagar Gas Ltd on Friday tumbled more than 10 per cent each after both the firms stated ...
Natural gas extracted from various sites across India, including the Arabian Sea and the Bay of Bengal, is the primary raw ...
Shares of Indraprastha Gas Ltd and Mahanagar Gas Ltd fell over 10% after domestic gas supplies were slashed. The reduction ...
The government's decision to cut domestic gas supplies by up to 20% to city retailers is likely to increase CNG prices by INR ...
The revised domestic gas allocation to Indraprastha Gas is approximately 21% lesser than previous allocation, it said.
Mahanagar Gas and Indraprastha Gas may raise prices of compressed natural gas by up to Rs 6 per litre. Meanwhile, their ...
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