Gas board orders cuts in rates, charges for CNG & PNG to Delhi consumers; firm may challenge directive
The price of compressed natural gas (CNG) in the capital could come down by 20 per cent and of piped natural gas (PNG) by 10 per cent in the wake of an order on Monday by the Petroleum and Natural Gas Regulatory Board (PNGRB).
Indraprastha Gas Ltd (IGL), the monopoly supplier of both gases in the capital, may have to take a hit of around Rs 1,000 crore. The order has sharply reduced, with restrospective effect, network rates and compression charges. IGL, it is learnt, is looking to challenge it.
read details at http://www.business-standard.com/india/news/igl-gets-rs-1000-cr-hitregulator/470726/
WATCH YESTERDAY VOLUME PATTERN -
FUTURE CONTRACT TRADED - 910 LOTS
CASH VOLUME - 684847
Are those number matching??? Very clearly there were more selling in cash segment and there MUST be someone who was knowing. I am not claiming that I am knowing all the story behind that but atleast data is saying that.
Cannot you smell insider trading ................. (??????????)
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