[ad_1] Shares of Mahanagar Gas Ltd. declined as much as 5% on Wednesday, April 9, following an increase in the price of compressed natural gas (CNG) in the Mumbai Metropolitan Region (MMR). The city gas distributor has increased the CNG price by ₹1.50 to ₹79.50 per kg. Similarly, the price of piped natural gas (PNG), […]
How are shares of ONGC, Oil India, GAIL, IGL, MGL likely to react post APM Gas price hike – CNBC TV18
[ad_1] Shares of Indian gas companies like Oil & Natural Gas Corporation (ONGC) Ltd., Oil India Ltd., GAIL, and City Gas Distributors like Indraprastha Gas Ltd. (IGL), Mahanagar Gas Ltd. (MGL) and Gujarat Gas Ltd. will be in focus on Tuesday, April 1, after the government announced increased the prices of gas through the Administered […]
Mahanagar Gas shares gain 2% after BMC’s deadline on clean fuel adoption – CNBC TV18
[ad_1] Shares of CNG retailer Mahanagar Gas Ltd gained 2% following the announcement from the Brihanmumbai Municipal Corporation (BMC) mandating the switch to clean and eco-friendly fuels by July 8, 2025. Company Value Change %Change The directive, issued to all eateries, bakeries, hotels, and roadside vendors in Mumbai, requires them to transition to Compressed Natural […]
Budget 2025: A statement good for bond markets and consumption, Kotak says – CNBC TV18
[ad_1] The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman on Saturday, February 1, continued the government’s focus on gradual consolidation while providing a boost to consumption, Kotak Institutional Equities said in a note on Sunday, February 2. Company Value Change %Change The government has also made changes to the tax slabs under the […]
Bonus, Dividend, Stock Split Alert: Important corporate actions for next week – CNBC TV18
[ad_1] 1 / 12 Multiple companies who have declared dividends along with their quarterly results and those who had earlier announced bonus shares or stock splits will face their respective record dates during the upcoming week. Here is a look at some of those companies. 2 / 12 Redtape | The demerged entity of footwear […]
What triggered the recovery in shares of IGL, MGL and Gujarat Gas? – CNBC TV18
[ad_1] Shares of Indraprastha Gas Ltd. (IGL), Mahanagar Gas Ltd. (MGL) and Gujarat Gas Ltd. have recovered from the lows of the day with IGL outperforming its peers after a new government order with regards to the supply of LPG to these companies. Company Value Change %Change The government has asked GAIL and ONGC to […]
IGL, MGL shares may face more headwinds in case of no GST inclusion – CNBC TV18
[ad_1] Despite the rebound seen in shares of Indraprastha Gas, Mahanagar Gas and Gujarat Gas from the lows of November makes fundamentals further unsupportive for these companies, according to brokerage firm Nuvama. Company Value Change %Change The brokerage said that the market is pricing in an elusive GST rollout for natural gas, but are ignoring […]
IGL Bonus: City Gas distributor first among peers to consider free share issue – CNBC TV18
[ad_1] The board of Indraprastha Gas Ltd. will meet on December 10 to consider a bonus issue of shares. This will be the first instance that the company will be declaring a free share issue for its shareholders. Company Value Change %Change With this, IGL has also become the first among its players to consider […]
IGL, MGL shares fall up to 10% after second straight month of gas allocation cut, downgrades – CNBC TV18
[ad_1] Shares of Indraprastha Gas Ltd. and Mahanagar Gas Ltd., the city gas distribution companies, were downgraded by analysts yet again after the government, over the weekend, cut its APM gas allocation to these companies by another 20%. This was the second straight month in a row that the gas allocation has been cut. The […]
Marketbuzz Podcast with Hormaz Fatakia: GIFT Nifty points to another gap down; Global cues weak – CNBC TV18
[ad_1] Hello and Welcome to the Marketbuzz Podcast on CNBC-TV18. Lets bring you up to speed with everything you need to be aware of before the day’s trading action. Another weak start in store for the Sensex, Nifty Nifty ends 2.7% lower for the week, while Nifty Bank falls 2.7% as well […]