An interesting opportunity could be opening up in the city gas distribution (CGD) space. Share price of CGD companies, such as Indraprashtha Gas (IGL), Mahanagar Gas (MGL) and Gujarat Gas (GGL), have corrected sharply since the start of the Russia-Ukraine war as international gas prices have shot up due to fears of supply disruption.
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First Published: Wed, September 21 2022. 22:55 IST