Probably it is happening not just with Gas prices, but fossil fuel prices as well.
I am not sure about Tax structure, but it seems that, prices will be kept at higher levels.
Now after OPEC production cut, the prices of fuel which are already high may go even further up.
In Maharashtra, electricity price per unit has been hiked by 5% to 25% across all slabs. It seems that, Inflation will remain stubborn for few more quarters.
I am not holding Mahanagar Gas but it was on my watchlist, but was unable to build conviction.
| Subscribe To Our Free Newsletter |
