NEW DELHI: Gas stocks are lighted ever since the Qatar-based RasGas last week aforementioned it had been able to modify the sale and get agreement with Petronet LNG, which can have otherwise price the corporate Rs ten,000 large integer as per its current take-or-pay contract.
Rising for the third straight session, shares of Petronet LNG climbed three.13 per cent on Mon to hit a high of Rs 227 on the BSE. GAIL advanced one.1 per cent to Rs 350.25. This was the seventh day of consecutive gains for the sto ..
Experts say gas stocks might have some additional face, however given the uncertainties encompassing the arena, these stocks can not be an area of one's core holding.
Dipan Mehta, Member of BSE & NSE, aforementioned any modification of the agreement would build the total business additional profitable. "It can take away a part of uncertainty as a result of the means gas costs have fallen, business models ar definitely below threat. With this new development, there's some scope for firms to undertake and rescale volum ..

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