Company Profile: State-Run Natural Gas marketing and transmission company. They were incorporated in 1984 Headquarters in Delhi. The company specializes in marketing and distributing gas and LPG and setting up a network of pipelines to sell LPG to commercial and household customers. With LPG and Natural Gas, the company also sells petrochemical like Butane and Ethylene Propane. In addition, the company also sells Naptha to Electricity Generation companies for their plants.
The company also operates in China, Singapore, USA through its subsidiaries.
Share Holding Pattern BSE Data
Financials and Ratio
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Future Prospects: As the company is a marketing and distribution company, it is not Good for it if the prices of Natural Gas go up. Though now there is no burden on the company for subsidy.
Demand for LPG and piped-Gas is expected to be high due to changes in lifestyle, which is a helpful thing for the company. The price of Gas is also now market-linked. Though the company’s Ratio is not looking good, the increasing cost of Crude is putting pressure. Govt initiative to explore oil and natural gas in the country itself will be a game-changer.
