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Dorian LPG (NYSE:LPG – Get Free Report) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Friday. Several other equities research analysts have also recently weighed in on the stock. DNB Markets cut shares of Dorian LPG from a “buy” […] ....
To put things in perspective, in 2022, there was a global production of 331.6 million tonnes of LPG against demand of 316.9 million tonnes. Then, the recent improvement in India s geopolitical relations vis-a-vis West Asian countries has also injected a sense of stability for users in India, whether for automotive fuel or any other end-use. ....