However, margins could taper off given the falling domestic gas allocation, while the possibility of fuel price cuts could impact its competitive positioning. Thus, we build in a volume of 6% CAGR ...

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Shares of gas distributors Indraprastha Gas Ltd. and Mahanagar Gas Ltd. surged more than 6% in Tuesday's session after UBS upgraded the target prices of the firms as it expects volume growth.

Mahanagar Gas Limited (MGL) is one of the largest city gas distribution (CGD) companies in India. MGL is the sole authorised distributor of compressed natural gas (CNG) and piped natural gas (PNG) in ...

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer ...

The firm upgraded Indraprastha Gas to buy and raised the target price to ₹700. In the case of Mahanagar Gas, UBS retained its buy rating while raising its target price to ₹2,400 from ₹1,600. UBS said ...

Southwest Gas customers in Tucson and across Arizona will see some bill relief this winter, as the company is dropping a surcharge that pays for excess wholesale natural-gas costs. The gas utility ...

GRAND JUNCTION, Colo. (KJCT) - Xcel is projecting lower natural gas bills for the second year in a row heading into winter. Weather permitting, customer’s natural gas bill is expected to be ...

Similarly, for Mumbai-based Mahanagar Gas, the brokerage has continued with its call as it expects strong volume growth to sustain. Also, the brokerage given the tailwinds has raised target to Rs ...

In Q1 FY25, Mahanagar Gas reported a capital expenditure of ₹2.5 billion. The company plans to add over 50 new CNG stations at a standalone level and approximately 25 stations in UEPL’s ...

CLEVELAND, Ohio (WOIO) - Enbridge customers, formerly Dominion Energy, could see a 30% increase on their bills. The gas company submitted ... the average customer could pay about $13 more per ...