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VERIFIEDMint Markets·negative

Natural gas companies are set to lose steam in Q1

AI Summary
  • ·GAIL, Petronet LNG, and city gas distributors are anticipated to face challenges in Q1FY27.
  • ·Factors contributing to this outlook include reduced LNG imports and increased gas procurement costs.
  • ·Supply disruptions stemming from the West Asia war are also expected to impact earnings.
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