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The Latest Breaking News from Mahanagar Gas

CNG price hike: Mahanagar Gas increases rates by Rs 2 per kg, domestic PNG by Rs 1/SCM

Mahanagar Gas announced price increases for CNG and domestic piped natural gas. CNG prices rose by Rs 2 per kg and PNG by Rs 1 per SCM. These revisions are attributed to escalating input gas costs from Middle East tensions. The company stated this hike will partially offset rising expenses…

The Economic Times

IGL, MGL, Adani Total Gas shares rally up to 6% as govt boosts domestic PNG push

City gas distributor stocks rallied after the government approved an incentive scheme to accelerate domestic PNG connections from September 1. Mahanagar Gas, IGL, Adani Total Gas rose as the scheme aims to expand active piped gas connections and promote cleaner, safer and affordable cooking fuel.

The Economic Times

Bonus, stock splits & dividends: Bandhan Bank, MGL, Mazagon Dock among nearly 100 stocks turning ex-record date this week

In the upcoming week, nearly one hundred companies have announced record dates for dividends, making it crucial for investors to hold shares prior to these dates for eligibility in corporate actions. Notably, companies like Bandhan Bank and LIC Housing Finance are part of this corporate movement, which includes dividend payments,…

The Economic Times

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US-Iran peace deal: Reliance Industries, ONGC; which other oil & gas stocks will emerge as top winners and losers?

A US-Iran peace deal is expected to ease oil supply risks, pushing crude prices lower. Nomura sees OMCs, CGDs, and Petronet LNG as key beneficiaries, while upstream firms like ONGC and Oil India may face pressure. Reliance Industries could see moderate downside due to weaker refining margins.

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