Shares of Indraprastha Gas Ltd and Mahanagar Gas Ltd slumped on Monday after the government, for the second time in a month, cut supplies of cheaper domestically produced natural gas to CNG retailers, who have warned of their profitability being hit.The stock of Indraprastha Gas tanked 19.93 per cent to Rs 325.05 apiece on the BSE.Shares of Mahanagar Gas also tumbled 13.79 per cent to Rs 1,130.55 each.Indraprastha Gas Ltd - the firm that retails CNG to automobiles and piped cooking gas to households in the national capital and adjoining cities - in a stock exchange filing said domestic supplies have been cut by about 20 per cent effective November 16.

Gas trouble: Indraprastha Gas Ltd scrip falls 19.93%

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