Indraprastha Gas Limited (BOM: 532514)

India flag India · Delayed Price · Currency is INR
312.15
+1.25 (0.40%)
At close: Nov 22, 2024
-19.65%
Market Cap 218.86B
Revenue (ttm) 143.53B
Net Income (ttm) 18.46B
Shares Out n/a
EPS (ttm) 26.38
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 183,784
Open 316.70
Previous Close 310.90
Day's Range 310.55 - 317.10
52-Week Range 306.50 - 570.60
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Feb 14, 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]

Industry Natural Gas Distribution
Founded 1998
Employees 719
Stock Exchange Bombay Stock Exchange
Ticker Symbol 532514
Full Company Profile

Financial Performance

In 2023, Indraprastha Gas's revenue was 140.00 billion, a decrease of -0.94% compared to the previous year's 141.33 billion. Earnings were 19.85 billion, an increase of 21.07%.

Financial Statements

News

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...

5 days ago - Business Upturn

Indraprastha Gas shares fall 10% after company faces 20% cut in gas allocation

Indraprastha Gas Ltd (IGL) shares fell 10% after the company announced a 20% reduction in GAIL’s gas allotment beginning November 16, 2024. This cut reduces IGL’s overall gas allocation to 46%, down f...

5 days ago - Business Upturn

Jefferies downgrades MGL and IGL to Underperform, cuts target prices

Global brokerage firm Jefferies has downgraded city gas players Mahanagar Gas Limited (MGL) and Indraprastha Gas Limited (IGL), citing a significant reduction in the allocation of administered pricing...

5 days ago - Business Upturn

Indraprastha Gas Limited (IGL) shares surge amid strong CNG vehicle growth

Shares of Indraprastha Gas Limited (IGL) gained momentum, as CNG vehicle registrations across India experienced significant growth in October 2024. According to a Citi report, Pan-India CNG vehicle re...

17 days ago - Business Upturn

Mahanagar Gas shares surge nearly 4% as CNG vehicle registrations show strong growth in October

Mahanagar Gas Ltd (MGL) and Indraprastha Gas Ltd (IGL) witnessed a rise in their shares, driven by robust growth in CNG vehicle registrations across India in October 2024. According to a Citi report, ...

17 days ago - Business Upturn

CNG vehicle registrations surge in October month

CNG vehicle registrations across India showed remarkable growth in October 2024, with Pan-India numbers rising by 69% month-on-month (m/m) and 45% year-on-year (y/y), according to a report by Citi. Th...

17 days ago - Business Upturn

IGL Share Price: Citi maintains buy call on IGL with target price of Rs 525, sees 27% upside

Citi has maintained its buy call on Indraprastha Gas Limited (IGL), setting a target price of ₹525 per share, which implies a potential upside of 27% from the current market price of ₹413. The brokera...

18 days ago - Business Upturn

IGL Q2 FY25 Results: Indraprastha Gas’ revenue up 7% YoY to ₹4,088 crore, net profit rises 6% YoY to ₹431 crore

Indraprastha Gas Limited (IGL) reported its Q2 FY25 financial results, showcasing steady growth in revenue and profit. Key Financial Highlights (Q2 FY25): Revenue from Operations: Increased by 7% year...

26 days ago - Business Upturn