₹460.05▲1.55%
1.52%
Low
Day's Volatility:2.30%
High
0.78%
18.33%
Low
52 Weeks Volatility:30.43%
High
12.10%
Returns % | |
1 Month Return | 8.24 % |
3 Month Return | 8.1 % |
1 Year Return | -6.99 % |
Market Stats | |
Previous Close | ₹453.05 |
Open | ₹453.05 |
Volume | 15.19L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹31,713.54Cr |
based on 32 analysts
Based on 32 analysts offering long term price targets for Indraprastha Gas Ltd. An average target of ₹459.78
Source: S&P Global Market Intelligence
Organisation | Indraprastha Gas Ltd |
Headquarters | |
Industry | Gas Distribution |
E-voting on shares | Click here to vote |
Key events for Indraprastha Gas Ltd
Indraprastha Gas stock has fallen 28% from its record high, but experts suggest that it has undergone a correction and is now poised to move higher. Traders with a high-risk profile can buy the stock on a dip or at current levels for a possible target of Rs 530-560 in the next 2-3 months.
Indraprastha Gas Ltd to Set Up India's First Integrated Smart Meter Manufacturing Unit - 22 Apr, 2024
Indraprastha Gas Limited (IGL) has entered into a joint venture agreement with Vikas Lifecare to set up India's first integrated smart meter manufacturing unit at a capital expenditure of Rs 110 crore.
Bullish Outlook for Indraprastha Gas Ltd Stock - 09 Apr, 2024
Indraprastha Gas Ltd's stock has made a bullish breakout, indicating a trend reversal. The moving average cross-overs on the daily chart strengthen the bullish case, and traders can go long now at ₹475 with a target price of ₹515 over the next three to four weeks.
Indraprastha Gas Ltd Shows Consistent Profitability - 08 Apr, 2024
Indraprastha Gas has consistently earned 20% for the last five years, with a 121% increase in capital employed. Shareholders have earned a respectable 58% return over the same period.
Steady Improvement in EBITDA and PAT Expected for Indraprastha Gas Ltd - 06 Apr, 2024
ICICI Securities predicts an 11% YoY improvement in EBITDA and a 7% YoY jump in PAT for CGDs due to lower gas costs and stronger volumes, offset by price cuts taken in CNG. Emkay Global estimates IGL's volume growth at nearly 6% YoY and MGL's at 9% from last fiscal. However, MGL might see a decline of 7% in its EBITDA on a sequential basis due to lower realization and range-bound gas costs.
Indraprastha Gas Sees Surge in Trading Volume, Stock Price Rises - 05 Apr, 2024
Indraprastha Gas Ltd experiences a significant surge in trading volume, with the stock price increasing by 3.98%. The company's EBITDA is also expected to rise 10.3% QoQ.
Indraprastha Gas Ltd Faces Challenge from Delhi's Push for Electric Vehicles - 03 Apr, 2024
The Delhi government's push for electric vehicles may pose a challenge to Indraprastha Gas Limited (IGL), which has seen phenomenal growth since CNG buses were made mandatory in Delhi in 2001. IGL is facing an existential challenge from the clean-energy sector, and recent events have doomy messages for IGL.
IGL Faces Threat from EV Adoption; Downgraded by Prabhudas Lilladher - 02 Apr, 2024
Indraprastha Gas Limited (IGL) faces a threat from electric vehicle (EV) adoption, which may limit the future of city gas distributors. Prabhudas Lilladher downgraded IGL's rating from hold to reduce with a target price of Rs 382 based on 14x FY26 earnings per share (EPS). However, Religare Broking recommends IGL as a top pick for the April series.
Indraprastha Gas Ltd's Business Not Threatened by EV Push in Delhi - 29 Mar, 2024
Despite the push for electric vehicles in Delhi, gas companies like Indraprastha Gas Ltd are unlikely to see an end to their business. There are still many use cases for gas and these companies have enough cash on hand to move into new areas of the EV ecosystem.
Indraprastha Gas Ltd Expected to Benefit from Boost in Volume Growth - 27 Mar, 2024
Despite the threat of electric vehicles, Indraprastha Gas is expected to benefit from volume growth due to favorable economics between CNG and alternative fuels and expansion of city gas network. Vahan data indicates an improvement in monthly CNG vehicle registrations in Delhi.
Fundamentals of Indraprastha Gas Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
MF Holding Up
Mutual Funds have increased holdings from 9.04% to 10.39% in Mar 2024 quarter
Revenue Rich
Revenue is up for the last 3 quarters, 3.53K Cr → 3.69K Cr (in ₹), with an average increase of 2.2% per quarter
Promoter Holding Unchanged
Promoters holdings remained unchanged at 45.00% of holdings in Mar 2024 quarter
Against Peers
In the last 3 years, GAIL India Ltd has given 140.0% return, outperforming this stock by 151.0%
Against Peers
In the last 1 year, GAIL India Ltd has given 88.8% return, outperforming this stock by 95.7%
FII Holding Down
Foreign Institutions have decreased holdings from 17.90% to 16.82% in Mar 2024 quarter
Price Dip
In the last 3 years, IGL stock has moved down by -11.0%
Retail Holding Down
Retail Investor have decreased holdings from 9.36% to 8.95% in Mar 2024 quarter
Profit Down
Netprofit is down for the last 2 quarters, 552.67 Cr → 476.62 Cr (in ₹), with an average decrease of 13.8% per quarter
Indraprastha Gas Ltd in the last 5 years
Lowest (14.18x)
July 28, 2022
Today (16.28x)
April 25, 2024
Industry (27.88x)
April 25, 2024
Highest (36.62x)
February 11, 2021
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 45% | 0.00 | |
Foreign Institutions | 16.82% | 0.00 | |
Mutual Funds | 10.39% | 0.00 | |
Retail Investors | 8.95% | 0.00 | |
Others | 18.84% | 0.00 |
Technicals of Indraprastha Gas Ltd share
News & Events of Indraprastha Gas Ltd
News
Thus far in the month of April, the market price of a comprehensive solutions provider in the Energy & Mobility space has zoomed 37 per cent, as compared to 0.2... Read more
23 Apr, 2024 01:43 PMGovernment said the industry response has been overwhelming as bids received is 7 times the manufacturing capacity that is to be awarded.
23 Apr, 2024 02:06 PMExide and Amara Raja added a combined market value of about $2 bn in April as investors boosted their bets in the nascent clean car market
25 Apr, 2024 12:00 PMIndraprastha Gas Ltd (IGL) share price today is ₹460.05
Indraprastha Gas Ltd is listed on NSE
Indraprastha Gas Ltd is listed on BSE
PE Ratio of Indraprastha Gas Ltd is 16.28
PE ratio = Indraprastha Gas Ltd Market price per share / Indraprastha Gas Ltd Earnings per share
Today’s traded volume of Indraprastha Gas Ltd(IGL) is 15.19L.
Today’s market capitalisation of Indraprastha Gas Ltd(IGL) is ₹31713.54Cr.
Indraprastha Gas Ltd(IGL | Price |
---|---|
52 Week High | ₹515.7 |
52 Week Low | ₹375.7 |
Indraprastha Gas Ltd(IGL) share price is ₹460.05. It is down -10.79% from its 52 Week High price of ₹515.7
Indraprastha Gas Ltd(IGL) share price is ₹460.05. It is up 22.45% from its 52 Week Low price of ₹375.7
Indraprastha Gas Ltd(IGL | Returns |
---|---|
1 Day Returns | 7% |
1 Month Returns | 8.24% |
3 Month Returns | 8.1% |
1 Year Returns | -6.99% |