Reuters logo
BUZZ-India's Indraprastha Gas weaving acquisitions to boost volumes
July 14, 2015 / 5:53 AM / 2 years ago

BUZZ-India's Indraprastha Gas weaving acquisitions to boost volumes

** Indraprastha Gas raises stake in subsidiary Maharashtra Natural Gas (MNGL) to around 50 pct

** While volumes for MNGL and Central UP Gas, companies that IGL acquired, combined are less than 10 pct of IGL’s standalone volumes, growth for these entities is robust - IDFC

** Also, media reports earlier indicated IGL had bid for city gas distribution in Udham Singh Nagar and Haridwar, in the northern state of Uttarakhand

** Stock up 10.7 pct since May-end vs an almost flat performance by the NSE index (RM: abhishek.vishnoi.thomsonreuters.com@reuters.net)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below