Hii , Sorry for the late response.
Regarding the Gas Sector , it is a priority sector for Government considering the announcement for Piped Gas for households. It is a Big Market and very difficult for new companies to enter as it required huge infrastructure. My thesis is still intact for IGL which has some sort of pricing power and is available at good valuations with Good Dividend Yield. Regarding disruptions due to EV , definitely it is a challenge but still not any meaningful impact has been seen due to EVs. Moreover the Piped Gas for Household is a big Consumption Market which can mitigate the impact of EV.
Definitely the sector has Government Interferences and Regulations (Latest Being Price cut for GSPL Pipeline by Regulator) and thus these companies will find it harder to get valued richly. Disc: I hold IGL
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