Tag «IGL»

IGL surges 10% on reports of CNG price hike; MGL rises 8% in choppy market

IGL surges 10% on reports of CNG price

Shares of city gas distribution (CGD) companies, Indraprastha Gas (IGL) and Mahanagar Gas (MGL), rallied up to 10 percent in the intra-day trade on Tuesday amid reports of IGL announcing a hike in prices of compressed natural gas (CNG) in the Delhi-NCR region. The prices have been hiked by 50 paise per kilo in Delhi while Re 1 per kilo in …