[ad_1] GAIL (India) Limited, the nodal agency for domestic gas allocation, has announced a 29% increase in the domestic gas allocation to IRM Energy Limited. Company Value Change %Change Effective from January 16, 2025, this revision will raise the share of domestic gas in the CNG segment from 37% to 51%. The company stated that […]
IGL, MGL shares fall up to 13% post profitability warning: Will the sector see a de-rating? – CNBC TV18
[ad_1] India’s city gas distribution space is abuzz, and not for the best reasons. The three stocks Indraprastha Gas Ltd., Mahanagar Gas Ltd. and Gujarat Gas Ltd. are under selling pressure after a 20% cut in their gas allocation through the Administered Price Mechanism (APM) triggered concerns. The city gas distributor companies have indicated there […]