Tag: tariff

GSPL shares hit 20% lower circuit after tariff order disappoints

 stock analyst  04/22/2024  0 Comments on GSPL shares hit 20% lower circuit after tariff order disappoints

GSPL shares plunged 20% to Rs 302 as PNGRB slashed tariffs for its high-pressure network by 47% to Rs 18.1/mmbtu from Rs 34.0/mmbtu, contrary to GSPL\’s requested revision to Rs 50.77/mmbtu.