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Nomura says Delhi EV policy structurally negative for IGL; prefers MGL
Nomura said that city gas distribution companies may now need to start to aggressively pursue inorganic opportunities to grow volumes, given the risk of pollution-led CNG mandates in large cities.
CIC pulls up PNGRB over RTI reply on safety, inspections of IGL pipeline work
The Central Information Commission has criticized the Petroleum and Natural Gas Regulatory Board. This is for not properly answering a Right to Information request. The request sought details on safety measures for gas pipeline work by Indraprastha Gas Limited. The Commission ordered the regulator to provide a better response.
Stocks in news: Bharti Airtel, Vodafone Idea, NLC India, Motilal Oswal, HCL Tech
Indian markets saw a sharp decline on Monday amid global worries and geopolitical tensions. Nifty moved closer to a key support level. Several companies were in focus. NLC India announced an Offer for Sale. Motilal Oswal saw promoter share sales. HCL Tech launched an AI zone with Google Cloud. IRCTC resumed cooking on trains. IGL has a new MD.
Kumar Shanker takes charge as IGL MD
Kumar Shanker is the new managing director of Indraprastha Gas. He takes over from Kamal Kishore Chatiwal. Shanker is a chemical engineer with over three decades of experience at GAIL. Previously, he led Maharashtra Natural Gas Ltd. IGL is a joint venture between GAIL and BPCL. The Delhi government also holds a stake in IGL.
Kumar Shanker begins tenure as managing director of Indraprastha Gas
Indraprastha Gas Ltd has appointed Kumar Shanker as managing director, succeeding Kamal Kishore Chatiwal. Details here.
Stocks To Watch Today: TVS Motor, Nesco, IGL, HCLTech, Trent, Ixigo
Stocks In News On Monday.
Indraprastha Gas Ltd rises for third straight session
Indraprastha Gas Ltd is quoting at Rs 164.91, up 1.76% on the day as on 12:49 IST on the NSE. The stock is down 21.7% in last one year as compared to a 6.52% jump in NIFTY and a 12.34% jump in the Nifty Energy index.
Buy or sell: Vaishali Parekh recommends three stocks to buy today — 2 June 2026
Buy or sell: Vaishali Parekh recommends three stocks to buy today — NMDC, IGL, and Coforge
Indraprastha Gas share price jumps 6% on CNG price hike
Indraprastha Gas shares rose nearly 6% on May 26 after a CNG price hike of ₹2/kg in Delhi. This marks the fourth increase in two weeks, with prices now at ₹83.09/kg. Other regions also saw adjustments amid rising global energy costs.
City Gas Distribution stocks rally on CNG price hike; IGL jumps 5%, MGL 3%
Following the latest revision effective from 6 AM on May 26, the price of CNG in Delhi has increased to ₹83.09 per kg from ₹81.09 earlier
Indraprastha Gas Ltd up for third straight session
Indraprastha Gas Ltd is quoting at Rs 160.75, up 3.37% on the day as on 12:49 IST on the NSE. The stock is down 22.12% in last one year as compared to a 4.24% jump in NIFTY and a 12.95% jump in the Nifty Energy index.
CNG To Get Costlier In New Delhi As IGL Announces Rs 1 Price Hike
Over the past week or so, fuel and CNG prices have been hiked in tandem by India's oil marketing companies and city gas distributors.