Stock Talk: Top 5 gas distribution companies stocks on Sensex today

City Gas Distribution (CGD) market in India is forecast to witness a CAGR of 10% to grow from an estimated 9,223 MMSCM (Million Metric Standard Cubic Meter) in 2020 to 25,570 MMSCM by 2030. 

Growth in the market is anticipated on account of increasing natural gas demand from automotive, industrial, commercial as well as residential end user segments. 

With an increasing number of favorable initiatives taken in the CGD sector by the Government of India, an rising number of companies are being authorized and granted licenses in Round 9 and 10 to operate in CGD industry in different geographies across the country.

Here are some top gas distribution comapnies stock on the market today!