InvestorQ : Can I invest in Indraprastha gas for the short term?
Anushri Vasa made post

Can I invest in Indraprastha gas for the short term?

Answer
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Archita Jajjoo answered.
3 months ago


The gas prices have been cut sharply in the last few weeks in line with low oil prices and that has hit profitability. Also, most city gas suppliers have been under pressure after the government announced that new players will be allowed to engender competition. This could be negative for IGL in the short term and is best avoided for now.