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MAHANAGAR GAIL
US-Iran peace deal: Reliance Industries, ONGC; which other oil & gas stocks will emerge as top winners and losers?A US-Iran peace deal is expected to ease oil supply risks, pushing crude prices lower. Nomura sees OMCs, CGDs, and Petronet LNG as key bene...
India ramps up PNG adoption with over 5 lakh new connections amid Israel-Iran warIndia is rapidly increasing its use of piped natural gas. This shift is happening as disruptions affect cooking gas supplies. Many new PNG ...
India boosts 5-kg LPG supply, accelerates PNG rollout amid West Asia disruptionMore than 13 lakh 5-kg free trade LPG cylinders have been sold since March 23, with daily sales rising above 100,000 units, as authorities ...
Crude oil price crash: 25 stocks which benefit the most from Iran war ceasefireOil Top Stocks to Buy: A two-week ceasefire between the US and Iran has boosted Indian stocks. Brent crude prices fell significantly after ...
Qatar halts output: LNG firms tank 5-10% on supply concernsLiquefied natural gas company shares are falling sharply. Qatar, a major gas supplier to India, has stopped production. This follows an Ira...
While GAIL, IGL, others rally up to 7%, this brokerage sees limited impact of PNGRB proposals. Here's whyShares of GAIL, MGL, and other CGD companies surged up to 7% after PNGRB proposed gas transmission tariff amendments. While brokerages like...
Mahesh V Iyer takes over as Mahanagar Gas Ltd ChairmanIyer is an electrical engineer with more than 36 years of experience in execution of projects in the areas of gas pipelines, LNG terminals,...
Higher crude prices likely to bring more upside for ONGC, OIL and GAILHigher crude price could also improve the earnings visibility of GAIL’s gas trading and downstream businesses, said Mittal.
BG Asia looks to exit Mahanagar GasShares of Mahanagar Gas declined 2.32 per cent to Rs 787.35 on Monday.
Mahanagar Gas slips over 5% post block dealsA good 14 per cent shares, which translates into 13.90 million, changed hands.
BG Asia Pacific Holding may Offload 14% in Mahanagar GasMahanagar Gas, listed in 2016, is a JV between GAIL and BG Asia Pacific.
Shell says India business won’t be impacted after arm BG reduced stake on Mahanagar Gas"This is part of Shell’s ongoing portfolio optimization to transform Shell into a simpler company, delivering stronger returns,” Shell said...
Oil sector affected globally, impact felt in India as well: BC Tripathi, GAIL"We are not considering GAIL as investor in Mahanagar. GAIL is a promoter of Mahanagar."
Mahanagar Gas raises Rs 309 crore from anchor investors ahead of IPOThe company is planning to raise Rs 1,040-crore from its IPO which is priced at Rs 380-421 per share.
- Underweight GAIL India, target Rs 360: JPMorgan
Gail is partly monetising its stake in Mahanagar Gas by selling around 1.2 crore shares with a price band of Rs 380-Rs421.
Mahanagar gas plans Rs 1,200-crore IPOThe joint owners aim to sell 25% in Mahanagar Gas for Rs 1,200 crore, valuing the firm at Rs 4,800 crore. AIL and British Gas will sell 12....
Mahanagar Gas plans Rs 1,000 crore IPO next year: SourcesMumbai’s natural gas supplier, Mahanagar Gas is planning an initial public offer worth around Rs 1000 crores, sources with direct knowledge...
- GAIL forms JV for gas distribution; stocks up
GAIL Gas has signed an agreement to form a joint venture with VMSS for gas distribution in the city of Vadodara and its adjoining areas.
- Gail gives NOC for British Gas move to set up new India arm
Gail India has given a ‘conditional nod’ to a proposal from its joint venture partner British Gas for setting up a wholly-owned subsidiary,...
- GAIL appoints two directors
State-run gas utility GAIL (India) Ltd today said it has appointed two new directors for projects and business development.