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Gainers & Losers: Firstcry, GMDC and Petronet LNG among 7 top movers on Friday
Indian markets closed higher Friday, led by IT gains. Top movers: GMDC, Firstcry, Vodafone Idea, Happiest Minds, HDFC Bank, Acme Solar, and Petronet LNG.
cityfalcon.com·15d ago
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Bajaj Finance, Eternal Limited, Hindustan Zinc, Petronet LNG Share Price Declines as NSE Nifty 50 Tanks 3.26 Percent
… the trading session. The higher volatility was also witnessed in many stocks in Indian market … improvements Key Investment Drivers and Risks Growth Catalysts Favorable zinc price environment driven …
cityfalcon.com·16d ago
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HPCL, Petronet LNG, BPCL, IOC, GAIL: Oil & gas stocks tumble up to 7% on West Asia crisis
… on Thursday. City gas distributors were mixed. Indraprastha Gas Ltd (IGL) … is bad news for oil and gas importers like India,… per barrel set by Brent crude oil futures in 2008, Choice … could drive a sharp increase in oil prices . This could push Brent …
cityfalcon.com·16d ago
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Mounting gas shortages disrupt some steel plants at India’s JSW, one unit may face shutdown
NEW DELHI: Mounting gas shortages have disrupted operations at some steel plants of India’s top metals conglomerate JSW Group, with one unit facing a potential shutdown in the coming days, according to an internal note seen by Reuters. India, the world’s second-largest crude steel producer, is facing its worst gas crisis in decades after the Middle East conflict disrupted supply routes. JSW said in the note that disruptions to fuel supplies and maritime operations were starting to affect its operational stability and supply chain. As a result JSW Steel Coated Products risked missing sales and supply obligations for tinplate under the government’s production-linked incentive scheme and has requested a six-month extension, it added. “JSW has also received force majeure notice from one of its key suppliers - Petronet LNG Ltd owing to Middle East crisis affecting LNG shipment,” the note said. India tells LPG users to switch to piped gas wherever possible JSW did not immediately respond to a request for comment.
cityfalcon.com·19d ago
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India to procure spot LNG for urea manufacturing
Iran war fuel crisis: India’s top gas importer Petronet LNG last week invoked force majeure serving notices to local ⁠buyers like GAIL on supply reduction due to ‌vessel movement constraints following the escalating conflict.
cityfalcon.com·20d ago
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