These 4 stocks saw a high increase in futures open interest

 21 Nov 2024 09:30 AM

On November 19, Indraprastha Gas, Mahanagar Gas, SBI Life Insurance, and Bharat Forge saw a notable increase in futures open interest, signaling rising market activity and potential future price movements.

City gas cos' stocks in the red as govt cuts APM quotas

 19 Nov 2024 06:20 AM

IGL plunged 19.8% to ₹325, its lowest closing since March 2020. MGL tumbled 13.8% to ₹1,130.55, the lowest closing since June 2023. Gujarat Gas, which already derives most of its supplies at market rate, fell 6.8% to ₹452.5 on Monday.

Gainers & Losers: ACME Solar, IGL among 6 stocks in limelight on Monday

 18 Nov 2024 04:06 PM

Indian benchmarks fell as IT stocks dropped; Garware, ACME Solar, Godrej Industries surged, while Honasa Consumer, IGL, MGL declined.

Gujarat Gas, MGL best positioned amid city gas sector's uncertainty: Probal Sen

 18 Nov 2024 02:27 PM

The differential with alternate fuels like petrol and diesel is the highest in Mumbai and probably the lowest in IGL's case, because in Delhi the tax structure is slightly different for even petrol and diesel compared to Bombay.

CGD firms MGL, IGL shares nosedive 18% on APM gas allocation cuts

 18 Nov 2024 11:20 AM

IGL Share Price: Shares of Mahanagar Gas and Indraprastha Gas dropped by up to 18% after the government reduced the APM allocation by 20% for the second consecutive month. In response, Nirmal Bang downgraded both stocks to a 'Sell' rating, cutting target prices for MGL by 35% and IGL by 31% due to revised EBITDA estimates, concerns over slower growth & narrower margins.

IGL, MGL shares nosedive 18% on APM gas allocation cuts for CGD firms

 18 Nov 2024 11:20 AM

IGL Share Price: Shares of Mahanagar Gas and Indraprastha Gas dropped by up to 18% after the government reduced the APM allocation by 20% for the second consecutive month. In response, Nirmal Bang downgraded both stocks to a 'Sell' rating, cutting target prices for MGL by 35% and IGL by 31% due to revised EBITDA estimates, concerns over slower growth & narrower margins.

MAHANAGAR GAS: CO SAYS ALLOCATION OF APM GAS TO COMPANY HAS REDUCED BY 18%; REDUCTION IN ALLOCATION WILL HAVE IMPACT ON CO'S PROFITABILITY || CO SAYS EXPLORING OTHER SOURCING OPTIONS TO CONTINUE PROVIDING GAS WITH PRICE STABILITY

 15 Nov 2024 06:18 PM

MAHANAGAR GAS: CO SAYS ALLOCATION OF APM GAS TO COMPANY HAS REDUCED BY 18%; REDUCTION IN ALLOCATION WILL HAVE IMPACT ON CO'S PROFITABILITY || CO SAYS EXPLORING OTHER SOURCING OPTIONS TO CONTINUE PROVIDING GAS WITH PRICE STABILITY

MAHANAGAR GAS: CO SAYS ALLOCATED APM NATURAL GAS FOR DOMESTIC PNG AND CNG BASED ON APM GAS AVAILABILITY

 15 Nov 2024 06:18 PM

MAHANAGAR GAS: CO SAYS ALLOCATED APM NATURAL GAS FOR DOMESTIC PNG AND CNG BASED ON APM GAS AVAILABILITY

MAHANAGAR GAS: CO WILL HOLD NOT LESS THAN 40% OF IBC INDIA, PER DEAL || SUM OF 2.3 BLN RUPEES WILL BE INVESTED BY CO IN IBC INDIA

 07 Nov 2024 08:54 PM

MAHANAGAR GAS: CO WILL HOLD NOT LESS THAN 40% OF IBC INDIA, PER DEAL || SUM OF 2.3 BLN RUPEES WILL BE INVESTED BY CO IN IBC INDIA

MAHANAGAR GAS: CO VENTURES INTO CELL MANUFACTURING || CO ENTERED AGREEMENT WITH INTERNATIONAL BATTERY CO, INTERNATIONAL BATTERY CO INDIA PVT LTD

 07 Nov 2024 08:54 PM

MAHANAGAR GAS: CO VENTURES INTO CELL MANUFACTURING || CO ENTERED AGREEMENT WITH INTERNATIONAL BATTERY CO, INTERNATIONAL BATTERY CO INDIA PVT LTD