IGL, Mahanagar Gas, Gujarat Gas stocks fall up to 40% in three months. What lies ahead for these CGD Stocks? | Stock Market News
Source: Live Mint City Gas Distribution (CGD) stocks—including Indraprastha Gas (IGL), Mahanagar Gas (MAHGL), and Gujarat Gas—have dropped between 23% and 43% over the past three months due to several challenges. These issues include a significant reduction in the availability of the cheapest gas under the domestic administered price mechanism (APM), regulatory plans for third-party…
