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Megha Engineering: Big electoral bond buyer Megha Engineering to sell city gas business

Megha City Gas Distribution (MCGDPL), a wholly-owned subsidiary, has decided to consolidate operations and reached out to state-run Indian Oil Corp, Hindustan Petroleum Corp, Bharat Petroleum Corp and Indraprastha Gas, among other players. It ventured into city gas distribution under the brand name Megha Gas in 2015 and continued to operate as MEIL till FY22.

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Buy Mahanagar Gas; target of Rs 1565: Motilal Oswal

Motilal Oswal is bullish on Mahanagar Gas has recommended buy rating on the stock with a target price of Rs 1565 in its research report dated May 10, 2024.

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Mahanagar Gas plans 20% increase in capex at Rs 1,000 crore for FY25: MD

Ashu Shinghal added that the 20 percent drop in net profit it reported for the fourth quarter was primarily due to lower availability of APM gas and CNG price reduction announced by the company.

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Share Market Highlights 27 March 2024: Sensex gains 526 pts, Nifty closes above 22,100

Share Market Highlights 27 March 2024: Sensex gains 526 pts, Nifty closes above 22,100
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Stocks in news: Stocks in news: IndiGo, Tata Motors, Titan, Paytm, Hero MotoCorp

Titan reported 9% growth in its standalone net profit at Rs 1040 crore in the third quarter. Revenue from operations jumped 20% year-on-year to Rs 13,052 crore.

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