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City Gas Distribution Companies

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  • City gas players extend gains on hopes of tax relief for CNG, PNG

    Shares of Mahanagar Gas, IGL and Gujarat Gas all were trading higher by more than two percent in early trade on July 15.

  • City Gas Companies seek VAT relief to stay competitive against LPG, EVs: CNBC-TV18

    EVs and LPG falls under 5 percent GST as against the excise levy of 14 percent and VAT of 5-10 percent on CNG and PNG. CGD players have reportedly sought standardisation against this difference.

  • MGL, IGL, Adani Gas shares surge as lower input costs a relief for CGDs

  • CLSA commentary fires up Indraprastha Gas, Mahanagar Gas and Gujarat Gas shares

  • Hopes of margin recovery in FY24 may keep City Gas Distributors in focus

  • City Gas Distribution – moving towards a better future

  • Kirit Parikh Committee report on gas prices likely by tomorrow. What are the key expectations?

  • Government policies to play big role in improving fortunes of shares of city gas distribution companies

  • City gas distributors may face margin pressure; Indraprastha Gas, Mahanagar Gas, Gujarat Gas shares drop

  • CNG price hiked by Rs 4.50/kg in Delhi; 2nd hike in 3 mths

  • HC verdict on IGL to boost gas distribution cos: RS Pandey

    In an interview with CNBC-TV18, RS Pandey, Former Oil Secretary said that the high court ruling has offered a significant relief for not only IGL, but also other city gas distribution (CGD) companies. According to him, the judgement has brought about a positive atmosphere.

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