Surgery Costs in India Jump 300% in a Decade: Why Adequate Health Insurance Matters

Over the past 10 years, surgery costs in India have witnessed an unprecedented rise, increasing by 250% to 300%, according to a recent analysis by Policybazaar. This surge has left a significant section of the population financially vulnerable when faced with medical emergencies. Whether it’s advanced surgeries or routine procedures, almost every treatment has seen a sharp rise in cost.

Major Surgeries Now Cost Upwards of ₹50 Lakh

Some of the most advanced and critical medical procedures — such as heart transplants, kidney and liver treatments, and cancer surgeries — have become significantly more expensive. For instance, a cancer surgery that cost ₹13.5 lakh in 2013 now amounts to ₹50.8 lakh in 2024. Similarly, the cost of a heart transplant has climbed from ₹9.8 lakh to over ₹34 lakh during the same period.

These steep increases reflect not only medical inflation but also technological advancements, including robotic-assisted surgeries and AI-integrated procedures, which have improved outcomes but escalated expenses.

Even Routine Surgeries Are No Longer Affordable

The spike in healthcare costs hasn’t been limited to life-saving treatments. Common surgeries such as cataract removal and hernia repair have also become more expensive. Cataract surgery, for example, has increased from ₹35,000 in 2016 to ₹1.26 lakh in 2025 — nearly a fourfold rise.

This trend demonstrates that even seemingly minor medical interventions can now impose a significant financial burden, particularly for individuals without health insurance.

Emotional and Financial Toll on Uninsured Families

One of the more concerning aspects highlighted in the report is the emotional and financial toll on families who remain uninsured. In the face of unexpected medical costs, many delay treatment, deplete savings, or resort to high-interest loans. This not only affects the patient’s recovery but also pushes households into long-term financial distress.

According to the survey, around 75% of Indians still pay for healthcare out of pocket — a figure that underscores the lack of financial protection for the majority of the population.

Health Insurance Plans: An Evolving Safety Net

As medical inflation continues to outpace general inflation in India, the role of health insurance is becoming more prominent. A comprehensive health cover of ₹1 crore for a couple aged 35 in Delhi now costs around ₹2,000–2,500 per month, approximately ₹24,000 to ₹30,000 annually.

Such plans typically provide cashless hospitalisation, organ transplant cover, chemotherapy, robotic surgeries, mental health benefits, and even outpatient department (OPD) care. With healthcare rapidly evolving, such features are becoming essential rather than optional.

Conclusion

With the growing adoption of AI-based diagnostics, robotic surgery tools, and advanced treatment protocols, healthcare in India is undergoing a technological revolution. However, this evolution comes at a cost — one that is increasingly being passed on to the patient.

The report suggests that delaying or avoiding investment in health coverage may result in far greater financial strain than the cost of regular insurance premiums. As the healthcare landscape advances, the cost of inaction could potentially prove much higher than one anticipates.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Hindustan Oil Exploration Shares Rise 3% on Strategic Acquisition of Block B15 in Mumbai

Hindustan Oil Exploration Company Limited (HOEC), a significant player in India’s energy sector, has furthered its operational footprint with the successful acquisition of Block MB/OSDSF/B15/2024. 

Awarded under the Special Discovered Small Fields (SDSF) Bid Round 2024, this achievement reflects HOEC’s continued focus on augmenting its hydrocarbon reserves and enhancing shareholder value. 

The official announcement was made through a formal communication to the stock exchanges on 16 April 2025.

Significance of the Block B15 Acquisition

The newly acquired Block MB/OSDSF/B15/2024 spans 332.4 square kilometres in the Mumbai Offshore basin, lying at a shallow water depth of approximately 40 metres.

This block encapsulates two significant discoveries: B-15A-1 and B-15-2 both of which have demonstrated substantial production potential. Six wells have been drilled in this block, with B-15A-1 yielding 1.66 million standard cubic feet per day of gas and 1833 barrels of oil per day, while B-15-2 tested 1151 barrels of oil and 0.91 mmscfd of gas from the Panna formation.

The company holds a 100% participating interest and acts as the operator for this block. This exclusive operational control is likely to streamline decision-making and maximise the efficiency of future exploration and development activities.

Strategic Alignment with HOEC’s Growth Objectives

The award of Block B15 adds significant value to HOEC’s offshore portfolio, particularly as it complements the company’s existing Block MB/OSDSF/B80/2016 in the same region. 

With this addition, HOEC’s total operational area in Mumbai Offshore surpasses 800 square kilometres. This geographic and operational consolidation is poised to unlock new exploration avenues and strengthen the company’s resource base.

Managing Director Mr Ramasamy Jeevanandam emphasised the company’s dedication to operational excellence and long-term asset development. The focus remains on capitalising on existing discoveries while also exploring untapped reserves, thereby driving sustainable growth and value creation for stakeholders.

HOEC Share Performance 

As of April 16, 2025,12:20 PM, HOEC Share Price is trading at ₹176.03, reflecting a 3.04% surge from the previous closing price. Over the past month the stock has surged by 3.72%.

Conclusion

The acquisition of Block MB/OSDSF/B15/2024 marks a significant milestone in HOEC’s journey of growth and exploration. With robust production data, full operational control, and strategic alignment with existing assets, the company is well-positioned to reinforce its presence in India’s offshore oil and gas sector.

This expansion not only boosts HOEC’s reserves but also underscores its vision of becoming a leading independent energy company.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Max India Board Approves Fundraise of ₹125 Crores Via Right Issue

On 15 April 2025, Max India Limited convened a Board meeting that resulted in two major decisions: the approval of a promoter reclassification request and the proposal to raise capital through a rights issue. 

These decisions align with regulatory requirements and reflect the company’s evolving governance structure and financial planning.

Change in Shareholding: Promoter Reclassification Approved

The Board approved a request from Ms Neelu Analjit Singh to reclassify her status from ‘Promoter and Promoter Group’ to ‘Public’. This move follows a Settlement Agreement dated 13 January 2025 between Ms Singh and Mr Analjit Singh, which led to the segregation of their assets and confirmed that control of the company remains with Mr Singh and other existing promoters.

Additionally, this change was prompted by a legal dissolution of marriage between Ms Neelu Singh and Mr Analjit Singh, as decreed by the Hon’ble Patiala House Court, Delhi on 19 February 2025. As a result, Ms Singh is no longer classified as Mr Singh’s spouse, further supporting the reclassification request. The transition will now proceed subject to necessary approvals from the stock exchanges, in line with Regulation 31A(3) of the SEBI Listing Regulations.

Capital Expansion Plan: ₹125 Crore Rights Issue Announced

In a separate but equally significant move, the Board approved raising up to ₹125 crore by issuing equity shares of face value ₹10 each via a rights issue. This offer will be extended to eligible shareholders as of the record date, which is yet to be determined. The initiative is subject to regulatory approvals under the SEBI ICDR Regulations and other applicable laws.

Details such as the issue price, entitlement ratio, and payment terms will be decided in due course. The proposed rights issue is a strategic decision aimed at bolstering the company’s capital base and supporting its future operational goals.

Max India Share Performance 

As of April 16, 2025, at noon, Max India Share Price is trading at ₹234, reflecting a 16.81% surge from the previous closing price. Over the past month, the stock has surged by 31.70%.

Conclusion

The Board meeting on 15 April 2025 marked a pivotal point for Max India Limited. With the reclassification of a key shareholder and a substantial capital-raising plan, the company is set to move forward with a restructured governance framework and a stronger financial foundation.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Electricity Derivatives Launch: Top Exchanges Approach SEBI to Seek Approval

The Indian energy sector may soon witness a significant transformation with the possible launch of electricity derivative contracts. Leading stock exchanges, the Multi Commodity Exchange (MCX) and the National Stock Exchange (NSE), have submitted proposals to the Securities and Exchange Board of India (SEBI), seeking regulatory approval to begin trading in such instruments. This development aligns with SEBI’s recent collaboration with the Central Electricity Regulatory Commission (CERC) and reflects an evolving market structure designed to offer new risk management tools.

Financial Derivatives to Hedge Power Price Fluctuations

The proposed contracts are financial in nature and will be settled in cash, initially focusing on monthly tenures. These instruments are expected to offer significant benefits to electricity distribution companies and major industrial consumers by allowing them to hedge against volatile power purchase prices. Based on the feedback from early adopters and market participants, the exchanges may later expand the contracts to include varied tenures.

While the proposals have been filed, both MCX and NSE have refrained from commenting publicly. Meanwhile, spot market leader Indian Energy Exchange (IEX) is unlikely to enter the derivatives space due to regulatory hurdles. IEX would be required to obtain a stock exchange license, demanding a minimum net worth of ₹100 crore, along with other compliance obligations. As an alternative, IEX and Power Exchange India Limited (PXIL) may consider partnerships with established exchanges to share spot market data for derivative pricing.

SEBI-CERC Joint Framework and Future Prospects

In February, SEBI issued a regulatory note confirming its understanding with CERC on the introduction of electricity derivatives. A joint working group comprising representatives from both bodies recommended the rollout of futures contracts, with exchanges instructed to submit fresh proposals adhering to standardised specifications.

While the industry has welcomed these steps, insiders believe that the future growth of this market hinges on the eventual introduction of Contracts for Difference (CfDs). These are long-term agreements that offer fixed prices, helping to mitigate price risks over extended periods. However, due to the complexities involved, regulatory approval for CfDs may still take several years.

Conclusion

The submission of proposals by MCX and NSE signals a pivotal moment for India’s energy and financial markets. With regulatory collaboration already underway, the introduction of electricity derivatives could open new avenues for hedging and price discovery, setting the stage for a more robust and mature energy trading ecosystem.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

JSW Group Eyes ₹50,000 Crore Green Steel Investment for Europe

In a decisive statement of intent, JSW Group Chairman Sajjan Jindal has laid out a transformative blueprint for the company’s future, positioning JSW as a central force in India’s industrial ascent. As global trade dynamics shift away from China, Jindal believes JSW can spearhead India’s rise as the world’s next manufacturing hub. From combating unfair trade practices to investing massively in green steel and battery cell production, JSW is preparing to lead this new era with strategic clarity and industrial confidence.

Green Steel and Electric Future: JSW’s Next Leap

Aligning with global sustainability goals, JSW is now pivoting toward green steel production aimed at the European market. Jindal announced plans to invest between ₹50,000 crore to ₹60,000 crore over the next 4 years to establish a 10 million tonne per annum green steel facility. This plant will cater specifically to export demands while complying with the European Union’s carbon border tax regime.

JSW’s ambition also extends into the electric mobility space. Identifying battery cells as the only missing link in India’s EV ecosystem, Jindal revealed that JSW is working to localise their production. He added that the company is already collaborating with Chinese technology and in talks with Korean firms to develop and manufacture battery cells within India. “Technology is not so complicated. It’s available in Korea, Japan and China,” he said confidently.

Safeguarding Steel: JSW’s Fight Against Dumping

Jindal expressed deep concern over the growing volume of subsidised steel imports from China, particularly through Vietnam, calling it a direct threat to India’s steel sector. “Whatever comes to India comes via Vietnam, that also now the government is trying to stop,” he said, warning that these imports could cripple domestic momentum if unchecked.

To counter this, he confirmed that safeguard duties are imminent. The Commerce Ministry has already proposed a 12 per cent duty on specific steel products for a 200-day period. Jindal noted that while China can afford to sell at any price, Indian steelmakers must stay profitable to fund their expansion plans. “We have to make profits to redeploy that money to expand our capacity,” he stated, affirming JSW’s commitment to sustainable growth and fair competition.

Conclusion

JSW Group is not merely adapting to a changing global landscape; it is actively shaping it. Through aggressive investments, policy engagement, and a clear focus on sustainability and localisation, Sajjan Jindal has positioned JSW as a vital player in India’s industrial future. As India stands ready to step into China’s shoes, JSW is clearly leading the charge.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Ananya Birla Enters India’s Premium Cosmetics Market with LOVETC

Ananya Birla, under the Aditya Birla Group, has introduced a new premium cosmetics brand called LOVETC through Birla Cosmetics Pvt. Ltd. (BCPL). This move marks the company’s deeper entry into India’s beauty segment, especially after launching Contraband earlier this year. The aim is to offer high-quality, performance-driven colour cosmetics that are homegrown yet world-class.

Vision Behind the Brand

LOVETC reflects the brand’s mission to create a diverse and innovative beauty portfolio rooted in strong consumer insights and product excellence. Ananya Birla emphasised that luxury is defined by quality, not price, and LOVETC promises better-quality products at better prices. The initiative supports their broader vision of creating future-ready beauty offerings that cater to both Indian and global consumers.

India’s Growing Beauty Market

India’s cosmetic market was valued at $629.42 million in FY2024 and is expected to grow to $1.3 billion by FY2032. This rapid growth creates opportunities for new domestic brands to thrive. With a focus on capturing 5-8% of this market, LOVETC aims to establish a strong foothold in the premium segment of beauty products.

Product Line and Features

The launch collection from LOVETC includes high-performance lipsticks, long-lasting eyeliners and volumising mascaras, all developed with attention to quality, performance and consumer satisfaction. These products are crafted to meet global standards while maintaining affordability and accessibility for Indian consumers.

Marketing Strategy and Brand Ambassador

To enhance its brand visibility, LOVETC has onboarded Bollywood actress Janhvi Kapoor as its official brand ambassador. Her modern and elegant persona aligns with the brand’s identity, aiming to connect with aspirational and style-conscious consumers. This partnership is expected to boost brand recognition and engagement in the competitive Indian beauty market.

Conclusion

LOVETC is set to become a strong player in India’s expanding beauty industry. Ananya Birla’s vision of combining quality with affordability offers a refreshing approach to luxury. Backed by expert insights, a strategic mindset and celebrity support, the brand holds great promise for long-term success and consumer trust in the premium cosmetics space.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

ONGC, Reliance and BP Alliance Win Offshore Oil Block in Gujarat

For the first time ever, ONGC, Reliance Industries and global energy firm BP have teamed up to win an offshore oil exploration block in Gujarat. This consortium secured the GS-OSHP-2022/2 block located in the Saurashtra Basin as part of India’s ninth Open Acreage Licensing Policy (OALP-IX). ONGC holds a 40% stake, while Reliance and BP each own 30%. This strategic alliance is seen as a major step toward strengthening India’s energy independence.

OALP-IX: Key Highlights and Major Winners

The OALP-IX round offered 28 oil and gas blocks covering over 1.36 lakh square kilometres across various terrains. ONGC emerged as the biggest winner, bagging 15 blocks – 11 on its own and four through joint ventures. Vedanta Ltd, led by Anil Agarwal, won seven blocks despite bidding for all 28. Oil India Ltd also secured nine blocks, with six individual wins and three in partnership.

Government’s Push for Energy Reforms and Exploration

The government is continuing its drive to boost domestic exploration through policy reforms. During the contract signing ceremony, Union Petroleum Minister Hardeep Singh Puri launched the next bidding round (OALP-X) and emphasised the importance of modernising the oil and gas sector. This includes amendments to the Oilfields (Regulation and Development) Act and the introduction of the new Petroleum and Natural Gas (PNG) Rules 2025, which focus on improved lease management, dispute resolution and decarbonisation.

Investment Outlook and Future Potential

The Indian upstream sector is expected to attract over $100 billion in investment by 2030. The partnership of ONGC, Reliance and BP is seen as a signal of growing public-private collaboration. Meanwhile, the government has also launched the fourth round of Discovered Small Fields (DSF-IV), offering 55 discovered fields with significant oil and gas potential to private players, including Adani Welspun Exploration and Hindustan Oil Exploration.

Private vs Public Participation in Exploration

Although the OALP policy allows companies to suggest exploration areas, public sector firms like ONGC have dominated most rounds. Vedanta was the only private company with consistent participation, winning 41 out of 55 blocks in the first round and securing more in later stages. Despite this, the new ONGC-RIL-BP consortium hints at increasing private involvement, aiming to reduce India’s heavy dependence on crude oil imports, which currently cost over $220 billion annually.

Conclusion

This collaboration between ONGC, Reliance and BP marks a new chapter in India’s energy exploration journey. It reflects a shift toward stronger public-private partnerships and increased domestic exploration efforts. As the country works towards energy self-reliance, such strategic alliances and government initiatives will play a key role in securing future energy needs and driving economic growth.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Oil India Share Price Rise as it Secured Nine New Blocks for Exploration

Oil India Limited (OIL), a Maharatna Central Public Sector Enterprise under the Ministry of Petroleum and Natural Gas, has made significant progress in India’s energy sector. In a notable achievement, the company has secured 9 blocks in the ninth round of the Open Acreage Licensing Policy (OALP IX), showcasing its aggressive growth and deepening role in energy exploration.

A Milestone Achievement: Winning All 9 Bids

OIL’s success in winning all 9 blocks it bid for demonstrates a 100% strike rate — a testament to its strategic focus and technical expertise. This achievement has elevated its exploration acreage from 60,000 sq.km to an impressive 1,10,000 sq.km, marking an 85% increase. Out of these, six blocks are solely operated by OIL, while three are acquired in partnership through a consortium. Such a clean sweep not only enhances OIL’s competitive positioning but also reflects its commitment to India’s long-term energy strategy.

Strategic Entry into Frontier Areas

This round marks OIL’s entry into previously untapped regions, such as the Cambay Basin and the state of Meghalaya, presenting new geological prospects. A major portion of the newly acquired 47,000 sq.km lies in deep and ultra-deep offshore areas, signifying a move towards technically challenging but high-potential zones. These expansions align with the Government of India’s progressive policies, including the Hydrocarbon Exploration and Licensing Policy (HELP), Ease of Doing Business reforms, and the liberalisation of ‘No-Go’ areas.

Oil India Share Performance 

As of April 16, 2025,10:30 AM, Oil India Share Price is trading at ₹366.85, reflecting a 0.25% surge from the previous closing price. 

Conclusion

With this bold step, Oil India Limited has not only expanded its geographical footprint but also reinforced its strategic role in ensuring India’s energy security. This milestone signifies more than just acreage, it represents ambition, innovation, and the confident pursuit of a sustainable energy future.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Vedanta’s Cairn Oil Expands Exploration with 7 New OALP Round IX Blocks

Cairn Oil & Gas, a vertical of Vedanta Limited, has significantly bolstered its exploration portfolio by acquiring seven new blocks under the Open Acreage Licensing Policy (OALP) Round-IX. As India’s largest private oil and gas producer, Cairn’s latest acquisition underlines its ongoing commitment to energy security and resource development. This strategic move not only enhances its domestic presence but also advances its vision of contributing half of India’s crude oil production.

Stronger Position through OALP Round-IX

With this acquisition, Cairn’s total number of oil and gas blocks rises to 69, now spanning approximately 73,000 square kilometres. The newly secured areas include 4 onshore and three shallow water blocks situated in prominent hydrocarbon basins—Cambay, Saurashtra, and Mumbai. This makes Cairn the largest private participant in the ninth round, winning 7 out of the 28 blocks auctioned.

Cairn holds 100% participatory interest in all of its OALP blocks, ensuring complete operational control. The company’s presence across multiple OALP rounds, including 36 blocks in Round I, 5 in Round II, and 3 in Round III, demonstrates a long-term strategy of aggressive expansion. These steps reflect Cairn’s focused ambition to support India’s domestic crude production targets.

Driving Growth Along the West Coast

The strategic significance of the newly acquired blocks is reinforced by Cairn’s existing operations in Gujarat. The company already runs the Lakshmi and Gauri offshore fields and the Jaya onshore field, both critical to the Cambay basin. Cairn is also preparing for further appraisal and exploration in the Ambe shallow water block in the Gulf of Cambay.

Beyond expansion, Cairn remains committed to sustainability. It has pledged to achieve net-zero emissions by 2030 and is the first Indian firm to join the United Nations Environment Programme’s OGMP 2.0 initiative. With a robust mix of conventional and unconventional assets across states like Rajasthan, Andhra Pradesh, Gujarat, and Assam, Cairn is at the forefront of innovation and responsibility in India’s energy sector.

Vedanta Share Performance 

As of April 16, 2025,9:30 AM, Vedanta Share Price is trading at ₹398.05, reflecting a 0.55% surge from the previous closing price. 

Conclusion

Cairn Oil & Gas’s latest success in OALP Round-IX cements its role as a major force in India’s energy landscape. With a growing portfolio, environmentally conscious operations, and a sharp focus on expanding exploration along the West Coast, Cairn is steadily advancing towards its goal of reshaping India’s energy future.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Gas Stocks Plunge as Allocation is Reduced for City Distributors from April 16

Starting April 16, 2025, major city gas distribution companies in India will operate with reduced volumes of APM (Administered Price Mechanism) domestic gas. The revised allocations have been communicated by GAIL (India) Ltd, the nodal agency for gas supply. The reductions affect distributors supplying piped natural gas (PNG) and compressed natural gas (CNG) in urban areas. 

Companies have reported a shift from APM gas to costlier alternatives like New Well Gas (NWG), with an expected impact on operational costs.

Mahanagar Gas Limited (MGL)

Mahanagar Gas Ltd has reported an 18% reduction in its APM gas allocation, effective April 16. This allocation is typically used to meet demand in the domestic PNG and transport CNG segments. The reduction aligns with existing guidelines issued by the Ministry of Petroleum and Natural Gas on August 10, 2022. To make up for the shortfall, the company has been allocated New Well/Well Intervention Gas (NWG), which is priced higher than APM gas. The company has stated that it is assessing options to address the cost impact​.

Indraprastha Gas Limited (IGL)

Indraprastha Gas Ltd will see a 20% cut in its domestic gas supply starting April 16. The company has received an alternative allocation of NWG, amounting to roughly 125% of the reduction. While the existing APM gas was priced at $6.75 per MMBtu, the replacement NWG is linked to 12% of the Indian Crude Basket pricing. This change is expected to influence the company’s gas sourcing costs​.

Adani Total Gas Limited (ATGL)

Adani Total Gas Ltd has been notified of a 15% reduction in its APM gas allocation. This change, effective April 16, will be offset by a corresponding volume of New Well Gas. The company has acknowledged the cost differential and is reviewing ways to manage the financial impact​.

As of 10:37 AM on April 16, 2025, Shares of MGL, IGL and Adani Total Gas were down by 4.84%, 2.72% and 0.70%, respectively.

Conclusion

All three companies – MGL, IGL, and ATGL have confirmed lower APM allocations and corresponding substitutions with higher-priced gas. Revised sourcing is expected to influence cost structures in the near term.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.