Indraprastha Gas

Newspaper article suggests aggressive influx of EVs into Delhi

Equity Bottom-Up
119 Views, 19 Jan 2022 17:02
EXECUTIVE SUMMARY

Our earlier report, India's gas sector to benefit from syzygy ahead', highlighted how CNG/LNG Retail sales have been declining by 3%/11% CAGR for China Gas Holdings/ENN Energy for the past five years. On the contrary, the Industrial segment continued to grow for these companies at 19-20% CAGR for the past few years. Due to high Real Estate prices, we don't expect the Industrial segment to grow in Delhi. Other areas...

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Motilal Oswal
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Motilal Oswal Financial Services Limited
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Motilal Oswal Financial Services Limited is an Indian diversified financial services firm offering a range of financial ... 

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