Indus Gas (GB:INDI) has released an update.
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Indus Gas Limited has reported stabilization in its share price despite recent declines, not fully reflecting its long-term value. The company anticipates a revenue of over $42.86 million for the fiscal year ending March 2024, with current gas production sold to GAIL and efforts underway to increase output from its fields. Additionally, Indus is exploring strategic partnerships to further capitalize on its estimated 1.9 TCF gas reserves.
For further insights into GB:INDI stock, check out TipRanks’ Stock Analysis page.