India City Gas Sector: Weathering the ‘Perfect Storm’
City Gas Distribution (CGD) companies, Indraprastha Gas (IGL), Gujarat Gas (GGL), and Mahanagar Gas (MGL) have corrected by 26-29% over the last 12...
292 Views
India City Gas Sector - Weathering the ‘Perfect Storm’
City Gas Distribution (CGD) companies, Indraprastha Gas (IGL), Gujarat Gas (GGL), and Mahanagar Gas (MGL) have corrected by 26-29% over the last 12...
258 Views
HSIE Results Daily: Marico, IRB Infra, Computer Age Management Services
Consolidated revenue was up 1% YoY while domestic revenue/volume were down 4/6% YoY (three-year revenue CAGR at 4% vs that of HUL/Emami/GCPL at 9/3...
318 Views
Falling Natural Gas Production and Poor Import Infra Make PNG a Distant Dream for Most Indians
In July 2015, the Indian government set a target of 10 million PNG (piped natural gas) connections to be made within two years. But as of September...
3.7k Views
Mahanagar Gas Ltd - Robust Fundamentals at Attractive Valuation; Initiate with BUY
We initiate coverage on Mahanagar Gas Limited (MGL) with a BUY recommendation and a target price of Rs 1,540/share, implying a potential upside of...
302 Views