Shares of Indraprastha Gas (IGL) and Mahanagar Gas (MGL) slumped in Monday's trade (November 18) after the administered gas ...
According to analysts, a further 18–20% reduction in APM gas allocation to CGDs, over and above the 13–14% de-allocation ...
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.
Shares of Mahanagar Gas and Indraprastha Gas dropped by up to 18% after the government reduced the APM allocation by 20% for ...
Shares of Indraprastha Gas tumbled over 18 per cent, Mahanagar Gas slumped 14 per cent and Gujarat Gas slipped around 7 per ...
Government cuts domestic gas supply to CNG retailers, impacting profitability; retailers explore options to address issue.
Indraprastha Gas, Mahanagar Gas and Adani Total Gas shares may open lower on Monday due to further cut in domestic gas ...
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 ...
She also revealed that construction on the Lajpat Nagar-Saket and Indraprastha-Inder Lok lines will begin shortly. Speaking ...
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.