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  • 16 May 2022
  • ICICI Securities

IGL hikes CNG price by Rs. 2.5/kg

IGL - 359 Change: 3.00 (0.84 %)

News: IGL hiked CNG price by Rs. 2.5/kg to Rs. 71.6/kg and domestic PNG price by Rs. 4.25/scm to Rs. 45.86/scm in Delhi.

Views: With increase in APM gas prices in April and LNG prices trending at high level, passing on higher costs to customers will benefit the company on margins front

Impact: Positive