Hot Stocks: Brokerages on Zydus Life, PB Fintech, GAIL India and Bharat Electronics
Govt has kept prices unchanged at $8.6/mmbtu for now. Continued delay could create a near-term overhang for the city gas distribution (CGD) stocks. Top gas pick GAIL is also a key beneficiary of lower APM gas prices. The global investment bank continues to view stance of Govt towards CGD sector favourable.
