Shares of Indraprastha Gas Ltd. $IGL.NS advanced by 3% on June 16, following reports that the Delhi government is likely to ease the timeline for phasing out conventional fuel vehicles under its electric mobility strategy. The potential policy revision, first reported by the Hindustan Times, has improved sentiment around IGL’s medium-term gas distribution outlook, particularly in the public transport and last-mile delivery segments. The reaction in IGL’s stock reflects a reassessment of downside risks previously priced in due to aggressive electrification mandates that threatened compressed natural gas (CNG) demand in key urban corridors.