The global investment bank expects policy-related developments to be positive for the Indian gas sector. Local developments have the potential to reverse 3-5 years of underperformance, said the note. It maintains IGL as the preferred overall gas pick with a target of Rs 490. It is positive on MGL with a target of Rs 1040, and Gujarat Gas with a target of Rs 580.
Nestle India, Cochin Shipyard among top 10 stocks that LIC bought in Q3
LIC’s share by value in NSE-listed companies decreased to 3.51% in Q3 FY25, down from 3.59% in Q1 FY25, according to data from primeinfobase.com, an