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VERIFIEDMint Markets·positive
IGL, MGL to Adani Total Gas: City gas distributor stocks rise up to 4%; here's why
AI Summary
- ·City gas distributor stocks, including IGL and MGL, saw a rise of up to 4%.
- ·Adani Total Gas also experienced an increase in its stock price.
- ·The rally was triggered by the government's approval of an incentive scheme aimed at increasing domestic piped natural gas connections.