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Brokerage firm UBS gave bullish outlook on Indraprastha Gas &amp; Mahanagar Gas stocks due to inorganic growth prospects &amp; infrastructure expansion.

Indraprastha Gas, Mahanagar Gas Fly Up To 4% Higher As UBS Hikes Target Price

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Recent pricing actions may aid in maintaining current margins, but UBS believes that the current stock valuation doesn&#39;t fully account for short-term volume challenges and the potential influence of EVs on long-term growth.

Indraprastha Gas Share Price Tumbles As UBS Donwgrades Stock On Slow Growth, EV Threat

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Additionally, Jefferies has lowered earnings per share forecasts for financial years 2025 and 2026 by 7%-9% and has adjusted the valuation multiple because of increasing electric vehicle-related risks.

Uber, Ola Forced To Make EV Move In Delhi? This Mid Cap Stock Is Feeling The Heat

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