Investors will closely watch the shares of Indraprastha Gas Ltd on Thursday, March 7, after the company announced its decision to cut gas prices in Delhi.
Indraprastha Gas, on Wednesday, March 6, reduced the prices of compressed natural gas (CNG) in the national capital by Rs 2.5 per kilogram.
With this, the cost per kilogram of CNG in Delhi now stands at Rs 74.09.
“The revised selling price of CNG in Delhi shall be Rs 74.09 per kg, while it shall be Rs 78.70 per kg in Noida, Greater Noida, and Ghaziabad GA from 6 am tomorrow morning,” IGL said in a statement.