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Worker shortage clogs up piped gas adoption; 2030 goal seems doubtfulAccording to industry players, the workforce required to install PNG connections does not exist at the scale needed. The shortage has inten...- Earnings vs signals: Q4 results may matter more than they lookThe March quarter earnings season arrives at an inflection point, with stable numbers masking underlying economic shifts. Escalation of the...
- CGD stocks slump up to 31% in a year. Can LPG crisis fuel fresh interest in IGL, GAIL, and others?City gas distribution stocks have fallen up to 31% amid an LPG crisis, with the government pushing PNG connections. Despite technical weakn...
- Which companies will benefit from fall in oil prices and which firms will be hit? Here’s the analysisLow prices reduce input costs of end-user industries and improve their profit margins. This boosts investors’ confidence and helps the stoc...
- IGL is the only preferred play in CGD pack: Harshvardhan DoleI think there is possibility of earnings upgrade across the sector which includes upstream companies, downstream companies, and to an exten...
- Why are crude prices rising and what will be the impact on OMCs? Probal Sen answers"The accumulated profits of Q1 are likely to help tide over the current quarter where margins have turned to basically almost nominal level...
- This PSU stock gave 32% returns last year: Time to invest for long-term prospects?Most analysts are confident about GAIL’s growth prospects due to rising domestic gas demand, strengthening infrastructure and preference fo...
- Gas price hike: CNG prices may go up by at least Rs 8-12 per kgFor each USD per mmBtu gas price rise, city gas distribution (CGD) entities need to raise the CNG price by Rs 4.7-4.9 per kg. "For USD 2.5 ...
- Up to 24% surge this week! Why city gas distributors are rallyingShares of Indraprastha Gas have risen 24 per cent this week to a high of Rs 437.60 on BSE. At Friday's high of Rs 901.40 on BSE, shares of ...
- OIL-AGCL consortium receives letter of intent for three CGDs in Assam and TripuraThe LoI was part of the recently concluded 11th round of CGD bidding round launched by PNGRB for development of CGD network.
- Buy Mahanagar Gas, target price Rs 1290: Motilal OswalMahanagar Gas Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 11607.38 Crore) operating in Gas & Petro...
- I made LTCG on sale of equity shares in FY 2020-21. Can tax be saved by buying a house?As per income tax laws, exemption from capital gains tax on sale of equity shares, being long term in nature, is available in Sec 54F if th...
- IGL may have to hike prices marginally after PNGRB directiveThe directive has implications from an investment standpoint as the incumbent CGDs will have to spend more aggressively to protect their ma...
- There has been no nudge from govt asking us to absorb oil price rise: D Rajkumar, BPCL“If crude price goes up by $1, the impact on ex-storage point price, would be around 45 paisa.”
- Indraprastha Gas likely to surge 19% on strong outlookIndraprastha Gas has been slowly gaining momentum on back of positive announcements from the government and hopes of more reforms in the se...
- CNG price in Delhi hiked by Rs 2.95 a kg; PNG Re 1 per unitCNG price in the national capital was today hiked by Rs 2.95 per kg and piped cooking gas by Re 1 due to a rise in input cost.
- Gail to flow natural gas under revised policy to CGDs soonGail is expected to start flowing natural gas to CGD companies according to ministry's revised allocation policy in next couple of days.
- Government orders sale of gas at uniform price to city CNG projectsGujarat High Court had on July 25 last year ordered that gas be made available for CGD projects in Ahmedabad at the same rate as in Delhi a...
- Centre to supply CNG to Gujarat at uniform price by Nov 30The Gas Authority of India Ltd (GAIL) has been directed to finalise the operational modalities of supplying gas to the City Gas Distributor...
- Gujarat High Court asks Centre to comply with CNG order by October 25The Gujarat High Court asked the Centre today to supply CNG to Gujarat by October 25 at the same price at which it is supplied to Delhi and...
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