Sunday, December 07, 2025 | 05:27 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

IGL surges 10% on reports of CNG price hike; MGL rises 8% in choppy market

Reports suggest IGL has announced a hike in prices of compressed natural gas (CNG) in the Delhi-NCR region

Indraprastha Gas Limited
premium

CNG pump

SI Reporter Mumbai
Shares of city gas distribution (CGD) companies, Indraprastha Gas (IGL) and Mahanagar Gas (MGL), rallied up to 10 per cent in the intra-day trade on Tuesday amid reports of IGL announcing a hike in prices of compressed natural gas (CNG) in the Delhi-NCR region. The prices have been hiked by 50 paise per kilo in Delhi while Re 1 per kilo in the NCR region, as per reports.

Shares of IGL soared 10 per cent to Rs 371, while MGL surged 8 per cent at Rs 770 on the BSE in intra-day trade. At 11:18 AM, these stocks were