Shares of CGD players are down due to government reducing APM gas allocation for CNG, impacting MAHGL and IGL the most while GUJGA and IRMENERG are less exposed. Price hikes may be necessary.
What is covered in the Full Insight:
Introduction to CGD Allocation Reduction
Impact on City Gas Distribution Players
Understanding Gas Allocation and Pricing
Effect of Gas Allocation Policy Change on CGD Sector
Long-term Outlook and Clean Fuel Adoption
SUMMARY
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