Business News

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

FinSiddhi

IGL shares witnessed an uptick on Monday after the company hiked CNG prices by Rs 3.89 per kg in Delhi-NCR, citing higher imported LNG costs. The increase marks the fifth price hike this year. Citi retained its Buy rating on IGL, saying the latest hike could improve realisations and support margins.
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