![City gas distributors' shares tank up to 17%; MGL, IGL, Gujarat Gas lead fall](https://images.assettype.com/fortuneindia%2F2024-03%2F8ead3d1e-2f1e-45fd-aea6-4238b19a9894%2FMahanagar_Gas.jpg?w=300&q=95)
City gas distributors' shares tank up to 17%; MGL, IGL, Gujarat Gas lead fall
Mahanagar Gas on Tuesday cut CNG prices by ₹2.5 per kg to ₹73.50 per kg, citing dip in gas input costs.
Mahanagar Gas on Tuesday cut CNG prices by ₹2.5 per kg to ₹73.50 per kg, citing dip in gas input costs.
The company will acquire 100% stake in Unison Enviro, the city gas distribution arm of Ashoka Buildcon, for ₹531 crore.
The oil ministry has ordered the diversion of natural gas from industries to the city gas distribution to cool down the CNG and piped cooking gas prices