There are might be few private companies which might benefit by this cut in domestic CNG distribution by the PSU companies like GAIL.
Investors should probably look for those companies which might be importing CNG and Selling in India at higher cost / spot prices than GAIL. Those companies might benefit by this policy change.
If some one can research on this area further, we might able to find some winners outside Mahanagar Gas and other CGD companies.
This is just a thought. I am not sure about this.
No Investment in MGL as of now.
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