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Gas stocks in focus: MGL, IGL may zoom up to 16%; Gujarat Gas faces hurdle

The Oil Ministry has directed to divert natural gas from industries to city distribution companies to cool-off the elevated domestic gas prices

Topics
IGL | Mahanagar Gas | City Gas Distribution

Avdhut Bagkar  |  Mumbai 



gas, gas price
Indraprastha Gas was the top gainer surging over 6 per cent, followed by Mahanagar Gas and Gujarat Gas, which spiked 4 per cent each.

Domestic gas operators such as Indraprastha Gas and surged in Friday's intra-day trade after the Oil Ministry directed to divert natural gas from industries to city distribution companies to cool-off the elevated domestic gas prices.

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First Published: Fri, August 12 2022. 12:36 IST

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