[ad_1] Domestic gas allocations to Indraprastha Gas Limited (IGL) have been increased by 31% effective January 16, boosting the share of domestic gas in the CNG segment from 37% to 51%. Company Value Change %Change This move is expected to significantly improve IGL’s profit margins as it benefits from lower-cost domestic gas. The increase comes […]
Bonus Alert: IGL in focus ahead of board meet for first free share issue – CNBC TV18
[ad_1] Shares of City Gas Distributor Indraprastha Gas Ltd. will be in focus on Tuesday, December 10, ahead of the company’s board meeting to consider a bonus issue of shares. Company Value Change %Change This will be the first instance that the city gas distributor will be considering a bonus share issue for its shareholders. […]
IGL, MGL risk-reward ‘compelling’, Citi says; Also bets on IOC – CNBC TV18
[ad_1] Global brokerage firm Citi believes city gas companies such as Indraprastha Gas Ltd. and Mahanagar Gas Ltd. offer compelling risk-reward opportunity. In addition to Hindustan Petroleum Corp Ltd and Gail (India) Ltd., Citi has opened a positive catalyst watch on Indian Oil Corporation Ltd. Company Value Change %Change In its note on the Oil […]