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Indraprastha Gas Most Preferred Bet For Analysts But There’s A Risk
The growth prospects of IGL hinges on its business model of ensuring a steady supply of eco-friendly fuel.
05 Jan 2022, 08:25 AM IST
Indraprastha Gas Ltd. is the most-preferred bet for analysts among peers even as rising gas prices pose a risk of the fuel losing edge over costlier petrol and diesel.The optimism stems from the New Delhi-based city gas distributor’s business model to ensure a steady supply of eco-friendly fuel amid stricter environmental norms in the National Capital Region, according to ICRA Ltd. and the company’s filings. Other contributing factor...
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