Domestic Gas Price: Positive for user industries but dampener for production

Domestic Gas Price: Positive for user industries but dampener for production

gas price

Impact analysis on sector wise:
Upstream Sector:
Reduction in domestic gas price to disincentivise upstream exploration and development
Power Sector:
Domestic gas based cost of power generation to decline by about 11%; remains sensitive to both volatility in international gas price & INR-USD exchange rate
Fertiliser Sector
Lower gas prices should reduce the subsidy burden for GoI by Rs. 12-13 billion:
City Gas Distribution Sector
CNG and PNG (domestic) prices to decline, strengthening their competitiveness against auto-fuels and LPG (domestic) respectivelyRead More>>

 

ABOUT AUTHOR

Niveza Editorial Desk : We are a team of stock market nerds trying to stay ahead of the herd. We spend our grey cells everyday to a pave a smooth road for our clients in the shaky world of stock market. While tracking the mood swings of the market we bring our clients the most rewarding deals.

LEAVE A COMMENT

RECOMMENDED READING

US Economic Indicators To Lead Market Trends

Our Analysis This week Indian market started on a good note but fear of liquidity concern & weak global cues led market to fall over 1%. Market concerned over liquidity issue which led
Read More>>

Portfolio Diversification a Key to Optimize Investing Returns

We have all heard the phrase - ’don't put all your eggs in the same basket’. This is most applicable to your investment. Let’s say you have 1,00,000 rupees to invest, how do you go about investing it? You would decide your investment in two bas
Read More>>

Free Share Market Tips Today: Stop & Read Before You Invest In Stocks

Various popular stock market news portals and TV channels discuss trending stocks and provide free share market tips based on technical charts and often without in-depth research. Our research desk analyses these trending stock market tips and pro
Read More>>

Best Portfolio Management Services In India

The Indian stock market’s potential to return huge profits on your investment is only second to a Las Vegas casino. Unlike the latter where everything depends on a dice roll and your luck, with excellent acumen and stock market insight you are
Read More>>

Robust Earnings To Lead Market In Green

Our Analysis This week Indian market witnessed a roller coaster ride again, however, a week of alternate upside and downside close ends on a positive note on Friday. After wiping out al
Read More>>