Thanks. Very interesting set of information. New GA of Trichi and Nammakal is just 1% of volume still. It should become larger than 50% over time. So we are looking at doubling of volumes even if zero growth from other GA.
Another interesting fact I noticed that Mahanagar gas paid Rs 562 crore for Unison gas which has just 1.1 million metric standard. IRM is 5x of Unison currently.
Still seems to be one of undervalued stocks with virtually no downside and upside of 2x atleast.
Not sure if market is missing something or my/HDFC analysis is incorrect.
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