Gas Companies share prices fall After Government cuts the Administered Price Mechanism (APM) For a Second month in a Row

Share prices of the city gas distribution companies fall nearly 20% on Monday market session After Central Government cuts the administered price mechanism (APM). As Lower gas production from older fields and to divert gas to OPal Petchem plant of ONGC, there is supply cuts. while volumes under the priority segment have been reducing constantly … Read more