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It is primarily used as petrochemical feedstock and is separated from the other components of natural gas in most well-developed gas fields
Shares of Power Grid Corporation of India, GAIL (India) , Linde India, Symphony and Tech Mahindra may rise up to 14%, as per their respective technical charts
Gas transmission and trading volumes are likely to increase in FY24E with supplies coming from new sources, analysts say
Is open to either an existing plant or one scheduled to be commissioned by 2026-27; also wants to source one mtpa of gas the LNG liquefaction plant/project on FOB basis for 15 years
GAIL is the first public sector undertaking in oil & gas sector in India to successfully sign the APA
Most analysts have cut their Q4 and FY24 estimates but maintain 'buy' recommendations with price targets between Rs 115-Rs 125
Despite the hit to profits, revenue from operations rose to a record Rs. 1.11 trillion in the first nine months of FY23
As per analysts, electrolyser manufacturers, fuel cell makers for non-emission vehicles, traditional players engaged in energy storage solutions or batter makers are among key beneficiaries
Stocks to Watch: In the F&O space, Punjab National Bank (PNB) is the only stock in ban period on Tuesday.
Rajasthan is among the top oil producers in the inland area of the country
Stocks to Watch Aban Holdings and Landmak Cars will be debuting on the stock exchanges on Friday. Both these stocks are likely to witness a tepid start to trade.
Its petrochem plant in UP running at 40% utilisation
In an emergency bid to secure stable LNG supply, GAIL has sought to expedite talks on short- and long-term supply deals with Gulf firm ADNOC
Officials said the agreement represents a reworking of India's gas sourcing strategy as the country aims to aggressively source LNG from a wider list of nations