Good Sign That The Govt Is Changing APM Gas Prices In-Line With The Crude Move: ICICI Securities

Govt Cuts APM Gas Prices | 'It’s a good sign that the government is changing prices in-line with the crude move', says Probal Sen, Energy Analyst, ICICI Securities, after the government cuts APM gas prices to $6.41/mmBtu after two years. Adds, he will remain cautious on margin improvement for CGDs due to the fall in LNG prices.

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