Business Standard

Indraprastha Gas gains on govt notification

Image

Reuters

Reuters Market Eye - Indraprastha Gas gains 2.2 percent, adding to Wednesday's 1.9 percent gains.

The petroleum ministry on Wednesday notified that GAIL India could supply gas 10 percentage points above the company's current allocation.(http://bit.ly/1pR0DcN)

This would reduce the raw material cost for the company.

GAIL India is up 2.1 percent while Gujarat Gas is up 1.1 percent.

(Reporting by Abhishek Vishnoi)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 21 2014 | 11:24 AM IST

Explore News