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    • CGD sector: Why the sector deserves a relook now

      CNG demand is going to remain in a steady growth phase as a price differential of 40-50% against petrol is too good for consumers to ignore. Further, EV risks are mostly overblown.

    • Missing Sri Lankan President Gotabaya Rajapaksa back in action; orders gas distribution

      In recent months people have been blocking roads across the country in a desperate bid to force the government to address the issue of acute gas shortages.

    • Mahanagar Gas Q3 net profit at Rs 99 cr

      Gas distribution company Mahanagar Gas Ltd (MGL) today reported 30.16 per cent increase in net profit to Rs 99 crore for the third quarter ended December 31, 2016-17, helped by lower expenses.

    • Mahanagar IPO at reasonable valuation, see vol growth: Jal Irani

      According to Irani, Mahanagar witnessed a revival in its margins in FY15. He says that the margins will remain almost flat going forward but expects a healthy volume growth.

    • GAIL sells part of stake in China Gas Holdings for Rs 385cr

      The board of GAIL had accorded approval to partially divest its equity stake in China Gas for recoupment of entire initial investment, while retaining the strategic advantage as envisaged at the time of initial investment.

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