With the government reducing supply of cheaper gas to Indraprastha Gas and Mahanagar Gas, the companies are evaluating price ...
Shares of Indraprastha Gas (IGL) and Mahanagar Gas (MGL) slumped in Monday's trade (November 18) after the administered gas ...
Jefferies downgraded MGL to 'underperform' from its previous 'buy' rating and lowered its target price to Rs 1,130 per share.
Gas distribution companies' shares plummet after APM reduction, leading to downgrades by analysts and global brokerages.
According to analysts, a further 18–20% reduction in APM gas allocation to CGDs, over and above the 13–14% de-allocation ...
The revised allotment is projected to have a substantial impact on IGL's operations, including its capacity to satisfy CNG ...
Brokerage firm Jefferies wrote in its note that it is baking in the APM gas allocation falling to nearly nil by the middle of ...
Shares of Indraprastha Gas tumbled over 18 per cent, Mahanagar Gas slumped 14 per cent and Gujarat Gas slipped around 7 per ...
Indraprastha Gas, Mahanagar Gas and Adani Total Gas shares may open lower on Monday due to further cut in domestic gas ...
Shares of Indraprastha Gas and Mahanagar Gas plunged after the government slashed domestic gas supplies for the second time this month, impacting CNG retailers' profitability.
Bengaluru will experience a power outage on November 20, from 10 a.m. to 5 p.m., due to emergency maintenance at the 66/11KV ...