Indraprastha Gas Limited (BOM: 532514)
Market Cap | 281.68B |
Revenue (ttm) | 143.53B |
Net Income (ttm) | 18.46B |
Shares Out | n/a |
EPS (ttm) | 26.38 |
PE Ratio | 15.25 |
Forward PE | n/a |
Dividend | 10.50 (2.59%) |
Ex-Dividend Date | Nov 12, 2024 |
Volume | 82,648 |
Average Volume | 274,076 |
Open | 405.10 |
Previous Close | 405.10 |
Day's Range | 396.50 - 405.15 |
52-Week Range | 306.50 - 570.60 |
Beta | n/a |
RSI | 49.12 |
Earnings Date | Feb 14, 2025 |
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 StatementsNews
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...
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...
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...
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...
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, ...
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...
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...
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...