Nature News
IGL gets boost from favourable HC ruling A Delhi High Court order on Friday, stating that the Petroleum and Natural Gas Regulatory Board (PNGRB) does not have the power to fix gas rates, gave a big relief to city gas distribution company Indraprastha Gas Ltd (IGL).
Following the favourable ruling, IGL shares surged 28.7 per cent, or Rs 55.60, to close at Rs 249.35 on Friday.
The order ends two months of uncertainty over the company’s
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