It’s All Gas
Finshots Daily
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APM Gas Allocation to City Gas Distributors - What's Next?
Domestic gas producers such as ONGC absolutely love it. But city gas distributors or CGT, the likes of Indoor Prashta gas and Mahanagar gas don't enjoy this quite as much. These entities buy gas from oil marketing companies and deliver it to homes and fuel stations. And they can't always pass the price hike to consumers. It's no wonder then that their stock prices have slumped by nearly 30% in past year.
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