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Source: Live Mint Indian markets are expected to open positively on December 5, following a strong close on Wall Street, while Asian peers opened with mixed movements. The US benchmark indices reached record highs for the third consecutive session on Wednesday, with the Dow surpassing the 45,000 mark for the first time, while the S&P…
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…
Source: Live Mint City gas distributors Indraprastha Gas Ltd (IGL) and Mahanagar Gas Ltd (MGL) have suffered two consecutive blows in a month. The government has reduced the supply of cheaper natural gas by 20% for IGL and 18% for MGL, effective 16 November. This follows a previous reduction of 21% for IGL and 20% for MGL,…
Source: Business Standard 3 min read Last Updated : Sep 17 2024 | 11:44 AM IST Shares of city gas distributors (CGDs) companies — Mahanagar Gas (MGL) and Indraprastha Gas (IGL) — rallied up to 6 per cent on the BSE in Tuesday’s intraday trade, in an otherwise subdued market, on expectations of strong…
