Day Trading Stocks & Futures

travi

Well-Known Member
City Gas business has 4 segments:
1. Domestic: Highly loss making.The only reason they are in this business is because, that is the commitment they have to keep to have their license from not getting revoked.
2. Commercial: Hotels, Hospitals, Hostels, etc. This is the most profitable segemnt
3. Industrial: Moderately profitable. If the gas prices are increased, many industries keep an alternate energy source.
4. CNG: Very profitable

Gar Transport Business: GAIL, Reliance etc. They are transporter and get money based on the gas transported through their pipeline. Gas prices do not impact them. The transport contracts are long term and regulated.

Gas importers and traders: Petronet LNG: They make some money on the infra like gas docking at ports etc.

The beneficiaries of this order could be Fertiliser companies Electricity producers who use gas etc.

Temporarily it may provide relief to city gas cos, but they are lagging behind on their domestic commitments and they may possibly be sitting on a potential penalties for the same. Their industrial consumers will force them into a hard negotiation now.
thanks for the details explanation. not much into energy as this guy has had problems for decades.
Focus was on new upcoming ipo. they're into piping the n/w so they are a good bet, shouldn't be affected by gas prices and cylinders are being done away with.
 

Raj232

Well-Known Member
For those whole held CE from yesterday till the 2nd half of today made good gains :

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From yesterdays close of Rs 11.35 to Rs 260 would have been good enough !!!
Approx 10K invested correctly yesterday would have given 2.5 Lacs today !!!
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