Indraprastha Gas Limited (NSE: IGL)

India flag India · Delayed Price · Currency is INR
397.35
+7.25 (1.86%)
Dec 24, 2024, 3:30 PM IST
-2.62%
Market Cap 278.15B
Revenue (ttm) 143.53B
Net Income (ttm) 18.46B
Shares Out 700.00M
EPS (ttm) 26.38
PE Ratio 15.06
Forward PE 15.59
Dividend 10.50 (2.69%)
Ex-Dividend Date Nov 12, 2024
Volume 9,933,137
Open 391.60
Previous Close 390.10
Day's Range 391.60 - 406.95
52-Week Range 306.10 - 570.35
Beta 0.51
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]

Sector Utilities
Founded 1998
Employees 719
Stock Exchange National Stock Exchange of India
Ticker Symbol IGL
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

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...

14 days ago - Business Upturn

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...

20 days ago - Business Upturn

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...

20 days ago - Business Upturn

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...

4 weeks ago - Business Upturn

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 weeks 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 weeks 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 weeks 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...

6 weeks 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, ...

6 weeks 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...

6 weeks 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...

7 weeks 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...

2 months ago - Business Upturn

Indraprastha Gas shares drop over 6% after domestic gas allocation cut by 21%

Indraprastha Gas Limited (IGL) shares fell by more than 6% in early trading today following the announcement of a significant reduction in its domestic gas allocation. GAIL (India) Ltd. has reduced IG...

2 months ago - Business Upturn

IGL receives 21% lower domestic gas allocation, expected to adversely impact profitability

Indraprastha Gas Limited (IGL) has announced a significant reduction in its domestic gas allocation, which has been lowered by 21% effective October 16, 2024. This reduction in allocation, communicate...

2 months ago - Business Upturn

Mid-Cap Top Losers: IGL, Colgate, Gujarat Gas and more

While the markets saw strong performances in several mid-cap stocks, some key players faced significant losses by 11:23 AM. Here’s a breakdown of the top mid-cap losers as the market continues to fluc...

2 months ago - Business Upturn

Citi maintains Buy on IGL, sees 15.7% upside from current share price

Citi has reiterated its ‘Buy’ rating on Indraprastha Gas Limited (IGL) with a target price of ₹620, suggesting a 15.7% upside from the current market price of ₹535.90. The brokerage is optimistic abou...

2 months ago - Business Upturn

UBS double upgrades IGL to Buy from Sell, increases target price by 75%

UBS has upgraded its rating on Indraprastha Gas Limited (IGL) from "Sell" to "Buy," reflecting a significant shift in its outlook for the company. The brokerage has also raised its target price for IG...

3 months ago - Business Upturn