In a significant uptrend, the total number of Demat accounts surged to 16.2 crore in June 2024, according to a report by Motilal Oswal Financial Services. As per the report, new additions spiked by 42 lakh in June, marking the highest account opening rate since February 2024. This indicates a […]
natural gas
According to Incred, the expected increase in gas costs driven by higher APM (Administrative Price Mechanism) prices and rising Henry Hub (HH) prices will offset the impact of lower LNG prices. As a result, earnings per share (EPS) are projected to decline after peaking in FY25F. Moreover, the electric vehicle […]
From aluminum to zinc, base metals will be in the spotlight during the annual LME Asia Week gathering in Hong Kong. The electric vehicles that are poised to replace gas guzzlers in the coming decades will end up consuming a good chunk of energy themselves. And Russian natural gas still […]
In its latest note, global brokerage house Jefferies highlighted that the Modi government’s renewed efforts to include natural gas under GST could benefit companies like Gujarat Gas Ltd, GAIL (India) Ltd, and Petronet LNG Ltd. The brokerage noted that among the 4 key states that could hold sway, 3 are […]