Business Standard

IGL dips as PNGRB files Special Leave Petition in Supreme Court

in April 2012, PNGRB directed IGL to reduce its selling prices and refund the difference in the two tariffs with immediate effect.

SI Reporter  |  Mumbai 

Ltd (IGL) is trading lower by 3% at Rs 227 after the company said that Petroleum & Natural Gas Regulatory Board (PNGRB) has filed a Special Leave Petition in Supreme Court.

has filed a Special Leave Petition (a copy of which has been received by the company) in the Hon'ble against the order dated June 01, 2012 passed by Hon'ble Delhi High Court,” IGL said in a filing to the stock exchanges.

It may be mentioned that Hon'ble Delhi High Court vide its order dated June 01, 2012 had quashed the PNGRB order dated April 09, 2012, it added.

Earlier, in April 2012, PNGRB directed IGL to reduce its selling prices and refund the difference in the two tariffs with immediate effect.

The stock IGL opened at Rs 233 and hit a low of Rs 210 after the announcement on the National Stock Exchange. A combined 2.33 million shares have changed hands on the counter so far on both the exchanges.

RECOMMENDED FOR YOU

IGL dips as PNGRB files Special Leave Petition in Supreme Court

in April 2012, PNGRB directed IGL to reduce its selling prices and refund the difference in the two tariffs with immediate effect.

Indraprastha Gas Ltd (IGL) is trading lower by 3% at Rs 227 after the company said that Petroleum & Natural Gas Regulatory Board (PNGRB) has filed a Special Leave Petition in Supreme Court.

Ltd (IGL) is trading lower by 3% at Rs 227 after the company said that Petroleum & Natural Gas Regulatory Board (PNGRB) has filed a Special Leave Petition in Supreme Court.

has filed a Special Leave Petition (a copy of which has been received by the company) in the Hon'ble against the order dated June 01, 2012 passed by Hon'ble Delhi High Court,” IGL said in a filing to the stock exchanges.

It may be mentioned that Hon'ble Delhi High Court vide its order dated June 01, 2012 had quashed the PNGRB order dated April 09, 2012, it added.

Earlier, in April 2012, PNGRB directed IGL to reduce its selling prices and refund the difference in the two tariffs with immediate effect.

The stock IGL opened at Rs 233 and hit a low of Rs 210 after the announcement on the National Stock Exchange. A combined 2.33 million shares have changed hands on the counter so far on both the exchanges.

image

LIVE MARKET

BSE

  ( %)

NSE

  ( %)

Widgets Magazine

More News

STOCK WATCH

Company Price() Chg(%)
Take Solutions 154.85 19.99
Vijaya Bank 34.30 15.88
Sequent Scien. 864.25 15.19
Jindal Steel 63.45 10.44
Yamini Invest 46.65 9.64
> More on BSE Gainers
Company Price() Chg(%)
Vijaya Bank 34.25 16.10
Federal-Mogul Go 339.10 12.06
Jindal Steel 63.50 10.63
Suzlon Energy 15.75 9.38
Lupin 1802.85 9.08
> More on NSE Gainers
Company Price() Chg(%)
SE Investments 181.10 -7.01
Alembic Pharma 596.55 -5.77
Crompton Greaves 126.90 -5.33
ISGEC Heavy 4484.50 -5.12
Bosch 16133.20 -4.97
> More on BSE Gainers
Company Price() Chg(%)
Alembic Pharma 593.20 -6.33
Bosch 16089.10 -5.24
Ess Dee Alumin. 165.15 -4.98
Zydus Wellness 700.00 -4.68
J B Chem & Pharm 256.95 -4.46
> More on NSE Gainers
Widgets Magazine
Widgets Magazine
Widgets Magazine

Derivatives

Index
Instrument Type
Expiry Date
Option Type
Strike Price