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The Economic Times
The Economic Times
Business
Debaroti Adhikary

IGL shares jump 3% after CNG price hike in Delhi NCR. What lies ahead?

IGL Citi New Delhi

Indraprastha Gas (IGL) shares jumped about 3% on Monday after the company raised compressed natural gas (CNG) prices in Delhi-NCR by Rs 3.89 per kg amid higher liquefied natural gas (LNG) import costs.

This marks the fifth CNG price hike in Delhi-NCR this year and the first since May, taking CNG prices in Delhi to Rs 86.98 per kg.

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