Indraprastha Gas Ltd stock nosedives on New EV policy
Friday, 20 October 2023 Shares of Indraprastha Gas Ltd, India's largest city gas distributor, fell after Jefferies and Morgan Stanley downgraded the stock due to concerns over the new electric vehicle policy in Delhi. The policy could put a third of IGL's volumes at risk. Despite the downgrades, Citigroup believes there is still uncertainty over the timelines for the policy to become legislation. Indraprastha Gas remains optimistic about the future, citing the demand for gas in passenger and commercial vehicles.
Experts Warn , Gas Shortages Loom , in the EU This Winter.
'The Independent' reports that a new study has warned
that countries in Europe may face gas shortages this
winter amid increased demand for..
Credit: Wibbitz Top Stories Duration: 01:31Published
Friday, 20 October 2023
![Experts Warn Gas Shortages Loom in the EU This Winter [Video]](https://video.newsserve.net/300/v/20231031/1359940539-Experts-Warn-Gas-Shortages-Loom-in-the-EU.jpg)
