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flag Shares of GAIL and GSPL spike as regulatory proposed changes may boost India's natural gas usage.

flag Shares of GAIL and Gujarat State Petronet Ltd (GSPL) surged up to 7% after the Petroleum and Natural Gas Regulatory Board proposed amendments to gas transmission tariffs. flag These changes are expected to lower operating costs for gas companies and could boost India's natural gas usage. flag Analysts are positive on GAIL, with a 1-year target price of Rs 215, while GSPL's target price is Rs 373. flag The amendments could potentially increase natural gas's share in India's energy mix from 6% to 15%.

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