APM gas allocation cut by around 20% for CNG segment will have an adverse impact on the profitability of MGL and IGL ...
Antique Stock Broking said the probability of CGDs getting impacted is likely to be a structural outcome. The fresh ...
Mahanagar Gas and Indraprastha Gas may raise prices of compressed natural gas by up to Rs 6 per litre. Meanwhile, their ...
Shares of major city gas suppliers IGL, MGL and Gujarat Gas were all under selling pressure in trade, after reports of a ...
We are assessing the impact and trying to manage the portfolio. Whatever is not manageable, we will pass on to the consumers, ...
The shares of major city gas distribution (CGD) companies, including Indraprastha Gas Limited (IGL) and Mahanagar Gas Limited ...
As city gas distributor companies' reliance on market-linked gas reaches 50% and continues to increase, they may have to ...
Natural gas pumped from below the ground and from under the seabed from sites ranging from the Arabian Sea to Bay of Bengal ...
MGL’s stock plummeted 11%, reaching a low of Rs 1,568.30, while IGL experienced a 10% drop, closing at Rs 453.70 on the Bombay Stock Exchange as of latest update.
CNG price hike is also a political issue since Maharashtra goes to the polls next month and elections are also due in Delhi ...
Shares of city gas distribution (CGD) companies - Indraprastha Gas Ltd (IGL) and Mahanagar Gas Ltd (MGL), crashed by up to 15 ...