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UNISON ENVIRO
MGL shares in focus following NCLT nod for amalgamation with Unison EnviroThe NCLT approved MGL's amalgamation with wholly owned subsidiary Unison Enviro. The merger will be effective once the certified order is f...- Mahanagar Gas shares in focus as board approves merger with Unison EnviroMahanagar Gas shares are set to attract attention after the board approved a merger scheme with Unison Enviro and announced quarterly resul...
- City gas cos pin hopes on CNG 2-wheelers to ride over EV threatBajaj Auto and TVS Motor unveiled CNG-powered bikes and scooters, aiming to reduce ownership costs. City gas suppliers like Indraprastha Ga...
- Big electoral bond buyer Megha Engineering to sell city gas businessMegha City Gas Distribution (MCGDPL), a wholly-owned subsidiary, has decided to consolidate operations and reached out to state-run Indian ...
- Hot Stocks: Brokerages on Bharti Airtel, DMart, MGL, Cummins, Bajaj Finance and IRB InfraJefferies, HSBC, BofA, CLSA, and Kotak Securities offer buy views on Bharti Airtel, MGL, Cummins, Bajaj Finance, Avenue Supermarts, and IRB...
- Stocks in news: IndiGo, Tata Motors, Titan, Paytm, Hero MotoCorpTitan reported 9% growth in its standalone net profit at Rs 1040 crore in the third quarter. Revenue from operations jumped 20% year-on-yea...
- MGL to expand into CBG, LNG & EV segmentsLast month, MGL acquired 100 percent shareholding of Unison Enviro Pvt. Ltd. (UEPL) for ₹531 crore to enter new geographical areas for purs...
- Momentum pick: MGL hits 52-week high; can offer gains worth up to Rs 200/shareThe stock hit its 52-week high of Rs 995.50 on the intraday basis on Wednesday and ended flat at Rs 986 on the NSE.Considered as a dominant...
- Unison’s acquisition brightens MGL’s prospectsMGL plans to acquire Unison for a cash consideration of Rs 531 crore. With 8,800 domestic gas customers, Unison has a city gas distribution...
- Mahanagar Gas shares jump over 8% to hit 52-week high. Here's whyThe consensus recommendation from 27 analysts for the stock is a buy. Out of the 27 analysts covering the stock, 19 have strong buy and buy...
- Stocks in news: LIC, Dish TV, Adani Ports, Adani Total Gas, Tech MahindraShareholders of Dish TV India rejected appointments of four candidates as non-executive independent directors on the company board, reducin...
- Mahanagar Gas to acquire Ashoka Buildcon's city gas arm Unison EnviroThis acquisition will enable MGL, which is a subsidiary of gas major Gail, to expand into these five new markets. Currently it has licence ...
- Mahanagar Gas to acquire 100% stake of Unison EnviroThis acquisition will enable MGL to expand to newer geographical areas in Maharashtra (Ratnagiri, Latur & Osmanabad) and Karnataka (Chitrad...
- Adani, AG&P, others look to buy into unison enviroAdani Group and I Squared Capital-backed AG&P City Gas, as well as Canadian funds Canada Pension Plan Investment Board and Brookfield are i...
- No gas for new city distributors to startNew city gas distribution (CGD) companies, specifically the ones who won bidding rounds-IX, X and XI, include Adani Total Gas, Torrent Gas,...
- Morgan Stanley India Infrastructure acquires stake in iBus for Rs 150 croreiBus offers in-building wireless solutions (IBS), outdoor small cells and other last-mile connectivity solutions to mobile operators to ena...
- Stocks in the news: Infibeam Avenues, Tata Motors, IL&FS group stocks and SBI LifeHere's a look at the top stocks that may hog the limelight in today's session.
- Stiff competition likely in 10th round of bids for city gas licenceIndia aims to increase the share of natural gas in its primary energy mix to 15% by 2022 from the 6.5% in 2015.
- Indian Oil, BPCL, Adani top bidders for city gas licencesOf the 86 cities offered for retailing of CNG to automobiles and piped cooking gas to households in the 9th CGD bid round, IOC bid for 34 c...
- Adani-IOC, GAIL, Gujarat Gas vie for CNG licenceBids for the round, dubbed the 6th licensing round, were originally to close on December 14 but the last date of bidding was extended till ...
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