Indraprastha Gas Limited (BOM:532514)
India
· Delayed Price · Currency is INR | Market Cap | 284.68B |
| Revenue (ttm) | 149.28B |
| Net Income (ttm) | 17.18B |
| Shares Out | n/a |
| EPS (ttm) | 12.27 |
| PE Ratio | 16.57 |
| Forward PE | 17.59 |
| Dividend | 5.25 (2.63%) |
| Ex-Dividend Date | n/a |
| Volume | 187,511 |
| Average Volume | 312,453 |
| Open | 190.60 |
| Previous Close | 199.90 |
| Day's Range | 190.60 - 200.80 |
| 52-Week Range | 153.25 - 285.30 |
| Beta | n/a |
| RSI | 58.96 |
| Earnings Date | Apr 27, 2025 |
About Indraprastha Gas
Indraprastha Gas Limited engages in the distribution and sale of natural gas in India. The company supplies compressed natural gas (CNG) to the transport sector; and piped natural gas to domestic, commercial, and industrial sectors. It operates CNG stations, as well as steel pipeline and MDPE networks. The company serves households; hotels, restaurants, malls, commercial complexes, educational/religious institutions, and hospitals; and metal, textiles, food and beverages, pharmaceuticals, chemical, auto and ancillary, and packaging industries. ... [Read more]
Financial Performance
In 2024, Indraprastha Gas's revenue was 149.28 billion, an increase of 6.63% compared to the previous year's 140.00 billion. Earnings were 17.18 billion, a decrease of -13.47%.
Financial StatementsNews
Why are IGL share price surging nearly 4% today? Know More
Shares of Indraprastha Gas Ltd (IGL) rose 3.60% to ₹199.89 in early trade on May 5, following the announcement of a key leadership change and better-than-expected Q4 earnings. The stock had closed at ...
Antique maintains ‘sell’ on IGL, sees 11.3% downside on muted volume outlook and weak margins
Antique Broking has maintained its ‘sell’ rating on Indraprastha Gas Ltd (IGL), with a target price of ₹164, implying a potential downside of around 11.3% from the current market price (CMP) of ₹185.0...
Indraprastha Gas shares surge 3% as Q4 net profit jumps 22% to Rs 349.2 crore
Indraprastha Gas Ltd. (IGL) shares rose 3% following the announcement of a strong financial performance for the quarter ended March 31, 2025. As of 10:12 AM, the shares were trading 3.25% higher at Rs...
IGL share price: CLSA maintains Outperform with target price of Rs 220 after Q4 beat
Shares of Indraprastha Gas Limited (IGL) are expected to remain in focus after brokerage firm CLSA maintained an ‘Outperform’ rating on the stock, with a target price of Rs 220 per share. According to...
CLSA on oil & gas stocks: IGL, MGL face higher gas cost after allocation cut; ONGC to benefit from reclassification
Brokerage firm CLSA has flagged critical changes in the domestic gas allocation for city gas distributors, highlighting implications for Indraprastha Gas Ltd (IGL), Mahanagar Gas Ltd (MGL), and Oil an...
Indraprastha Gas shares slip over 3% from day’s high as government set to cut APM gas allocation to 40%
Shares of Indraprastha Gas Limited (IGL) declined over 3% from their intraday high of ₹180.55 to ₹173.76 in early trade on Friday, after analysts suggested that the government may once again reduce th...
CLSA sees limited impact for IGL shares from Delhi EV policy
CLSA has reiterated its ‘Outperform’ rating on Indraprastha Gas Ltd (IGL) with a target price of ₹220 per share, stating that the recent draft of Delhi’s EV Policy 2.0 is unlikely to materially impact...
IGL shares surge 4% as Axis Capital upgrades to ‘Buy’ with Rs 224 target
Indraprastha Gas Ltd (IGL) shares jumped 4% after Axis Capital upgraded the stock to a ‘Buy’ rating, setting a revised target price of ₹224. The brokerage has initiated coverage on city gas distributi...
Indraprastha Gas shares jump 3.1% after Jefferies maintains ‘Buy’ rating with target price of Rs 252
Indraprastha Gas Limited (IGL) shares surged over 3% as global brokerage firm Jefferies reiterated its bullish stance on the stock. Jefferies has maintained a ‘Buy’ rating on IGL, setting a target pri...
Jefferies on IGL share price: Maintains ‘Buy’ on share price with an 81% upside, sees margin defense as key driver
Jefferies has maintained its Buy rating on Indraprastha Gas Limited (IGL) share price, with a target price of ₹252 per share, indicating a 30% upside from the current market price (CMP) of ₹193.95. Th...
Citi on CGDs: IGL, MGL to benefit from competition; Gujarat Gas faces higher risk
Citi has highlighted that the end of exclusivity for city gas distribution (CGD) companies should be seen as an opportunity rather than a threat. The brokerage believes that this shift will allow esta...
Citi on IGL stock: Maintains Buy, sees 34% upside from current share price on strong gas supply mix and CNG price hike outlook
Citi has reaffirmed its Buy rating on Indraprastha Gas Ltd (IGL) stock, setting a target price of ₹250, implying a 34% upside from its current market price (CMP) of ₹186.00. The brokerage cites comfor...
IGL to set up 2 CNG stations at Noida airport
Noida: Indraprastha Gas Limited (IGL) will set up two CNG stations at Noida International Airport for sustainable and efficient transportation solutio.
IGL shares surge 6% after CLSA says price hikes on the cards post Delhi Elections
Shares of Indraprastha Gas Limited (IGL) jumped 5.6% to trade at Rs 204.99 today, following positive sentiment from CLSA’s report hinting at a possible CNG price hike after the Delhi elections. CLSA h...
IGL stock: Jefferies upgrades to ‘Buy’, CLSA maintains ‘Outperform’ post Q3 results, raises EPS estimates by up to 55%
Brokerages have turned optimistic on Indraprastha Gas Limited (IGL) post its Q3FY25 earnings, with Jefferies upgrading the stock to ‘Buy’ and CLSA maintaining an ‘Outperform’ rating. Analysts highligh...
Jefferies raises target on IGL, expects 32.5% upside, upgrades to ‘Buy’, raises EPS estimates by 52%/55% for FY26/27
Jefferies has upgraded Indraprastha Gas Ltd (IGL) to ‘Buy’ from ‘Underperform’, revising its target price to ₹505 from ₹295, implying a 32.5% upside from the current market price (CMP) of ₹381. The br...
CLSA maintains ‘Outperform’ on IGL, sees 15% upside as Q3 PAT beats estimates
CLSA has reiterated its Outperform rating on Indraprastha Gas Ltd (IGL), setting a target price of ₹440 per share, indicating a 15% upside from the current market price of ₹381.00. The company’s Q3 PA...
IGL fixes record date for bonus issue at January 31
Indraprastha Gas Limited (IGL) has announced the record date for its bonus issue. The Bonus Issue Committee has fixed Friday, January 31, 2025, as the record date to determine the eligibility of share...
IGL announces 31% increase in domestic gas allocation from GAIL
Indraprastha Gas Limited (IGL) has received a significant boost as the domestic gas allocation from GAIL (India) Limited has been revised upwards by 31%, effective from 16th January 2025. This revisio...
Citi on IGL share: Buy call, expects 5.9% upside citing potential value unlock from MNGL listing
Citi has maintained a ‘Buy’ rating on Indraprastha Gas Limited (IGL) with a target price of ₹450/share, indicating a potential upside of 5.9% from the current market price (CMP) of ₹425.00. Key Highli...
IGL board approves 1:1 bonus share issue
Indraprastha Gas Ltd (IGL) has recently informed exchanges that its board approved a 1:1 bonus share issue, rewarding shareholders with one bonus share for every existing share held. The company’s aut...
IGL shares surge 2% as board to discuss bonus issue on December 10
Indraprastha Gas Limited (IGL) shares experienced a significant jump of 2% in trading, following the company’s announcement regarding its upcoming board meeting scheduled for December 10, 2024. The bo...
Indraprastha Gas (IGL) board to discuss bonus share issue
Indraprastha Gas Limited (IGL) has announced that its board will meet on December 10, 2024, to deliberate on a proposal for issuing bonus shares to its equity shareholders. This decision, which is sub...
IGL shares jump 2% as company announce price hike in CNG
Indraprastha Gas Limited (IGL) shares surged 2% following a price hike in Compressed Natural Gas (CNG) across regions outside Delhi. The revised rates show an increase of ₹1.5 to ₹4 per kilogram, impa...
Why are Indraprastha Gas shares down 19% today? Here’s the reason
Indraprastha Gas Ltd (IGL) shares plunged 19% after the company announced a 20% reduction in GAIL’s gas allotment, effective from November 16, 2024. This reduction brings IGL’s total gas allocation do...