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ICICI Securities: Mahanagar Gas - Q1 Hit By Plunge In Volumes Due To Lockdown

ICICI Securities estimates 36% YoY decline in Mahanagar Gas’ FY21 EPS due to 26% YoY decline in volumes to 794 mmscmd.

A man gestures as taxis line up at a Mahanagar Gas fueling station in Mumbai, India, on April 8, 2017. (Photographer: Dhiraj Singh/Bloomberg)
A man gestures as taxis line up at a Mahanagar Gas fueling station in Mumbai, India, on April 8, 2017. (Photographer: Dhiraj Singh/Bloomberg)
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