“Rapidly changing industries are the enemy of the investor.” Mohnish PabraiIt continues to be a mixed picture for the chemicals sector. There are signs of pricing pressure easing, but volumes need to pick up as well. Till a couple of months back, most analysts were at best sounding neutral on the sector. The tone is now gradually turning positive.Centrum analysts Rohit Nagraj and Kunal Pai are...

Morgan Stanley has issued an overweight rating for Indraprastha Gas Limited (IGL) with a target price of Rs 575 per share. This recommendation comes in light of global gas outages and a decrease in APM (Administered Price Mechanism) gas allocation, prompting IGL to increase Compressed Natural Gas (CNG) prices.The city gas distributor recently announced an increase in CNG prices by Rs 1 per kilogra...

IGL looking to set up 19 eyes compressed biogas plants, The firm has signed a Memorandum of Understanding (MoU) with two technology partners to set up compressed biogas plants in Delhi, Haryana, Rajasthan, and Uttar Pradesh, it said.Indraprastha Gas Limited (IGL), the nation's biggest city gas operator, is looking to set up as many as 19 compressed biogas plants in four states as part of its effor...

Indraprastha Gas (IGL) is unlikely to prune prices for automobile fuel compressed natural gas (CNG) any time soon, even as the government earlier in the month raised allocation of domestically-produced natural gas to city gas distribution (CGD) entities, aimed at reducing their input costs with the hope that they would pass on the benefit on to consumers.“IGL has always taken a long-term view w...

Here is the list of top 10 stocks that will be in focus todayBharti Airtel: Telecom operator Bharti Airtel on Monday posted over a five-fold jump in its consolidated profit to ?1,607 crore for the quarter ended June 2022, mainly on account of hike in tariffs. The company had posted a profit of ?283.5 crore in the same period a year ago. Consolidated revenue from operations of Bharti Airtel increas...