In the September quarter, the average cost of gas for IGL rose to Rs 35.1 per scm, up Rs 5.1 per scm over the previous quarter, while average realisation increased by Rs 3.3 per scm. This resulted in a sharp compression in margin. The pressure on operating margin of IGL is likely to remain elevated unless the government puts a cap on domestic prices in the wake of surging global prices due to geopolitical tensions.
Why did market rise today? Sensex soars 890 pts, Nifty closes above 24,250; 4 factors behind Rs 4 lakh cr gains on D-Street
Indian stock markets experienced a significant surge on Wednesday. Benchmark indices Sensex and Nifty both rose over one percent. This occurred despite a sharp increase
July 29, 2026