The first wave of volume growth came in when the government granted top priority to city gas distribution companies (CGDs) for allocation of cheaper domestic gas in 2014.
The second wave came with increased emphasis on cutting vehicular pollution through restrictions on diesel vehicles and plying of vehicles with odd/even registration plates on alternate days.
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About Motilal Oswal
Motilal Oswal was founded in 1987 as a small sub-broking unit, with just two people running the show. Today it has a 2000 member team with a networth of Rs7 bn and market capitalization as of March 31, 2008 at Rs19 bn.
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