Indraprastha Gas Ltd Analyst Rating
based on 32 analysts
53.12%
Buy
18.75%
Hold
28.12%
Sell
Based on 32 analysts offering long term price targets for Indraprastha Gas Ltd. An average target of ₹433.97
Source: S&P Global Market Intelligence
Indraprastha Gas Ltd Share analysis
Indraprastha Gas Ltd price forecast by 32 analysts
Upside of7.15%
High
₹648
Target
₹433.97
Low
₹295
Indraprastha Gas Ltd target price ₹433.97, a slight upside of 7.15% compared to current price of ₹405. According to 32 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Indraprastha Gas Ltd revenue growth forecast
Expected growth rate Q1, FY2027:27.48%
Forecast
Actual
Including amortisation and stock based compensations
Indraprastha Gas Ltd EPS growth forecast
EPS estimate Q1, FY2027:
Forecast
Actual
Source: S&P Global Market Intelligence
Indraprastha Gas Ltd Performance
Day's Low
Day's High
₹396.7Day's Price Range₹409.4552 Week's Low
52 Week's High
₹306.152-Week Price Range₹570.35
| Returns % | |
| 1 Month Return | + 1.66 % |
| 3 Month Return | -10.34 % |
| 1 Year Return | -7.53 % |
| Market Stats | |
| Previous Close | ₹397.50 |
| Open | ₹397.90 |
| Volume | 29.07L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹27,825.03Cr |
Indraprastha Gas Ltd Key Statistics
| P/E Ratio | 15.36 |
| PEG Ratio | 27.93 |
| Market Cap | ₹27,825.03 Cr |
| P/B Ratio | 3.53 |
| EPS | 28.33 |
| Dividend Yield | 2.09 |
| Sector | Gas Distribution |
| ROE | 22.36 |
Indraprastha Gas Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹27,825.03 Cr | -2.72% | 0.51 | ₹1,983 Cr | ₹14,000 Cr | |
| HOLD | ₹33,676.04 Cr | 16.81% | 0.52 | ₹1,143 Cr | ₹15,690 Cr | |
| HOLD | ₹19,801.00 Cr | 9.15% | 0.51 | ₹2,183 Cr | ₹17,294 Cr | |
| HOLD | ₹49,350.00 Cr | 3.76% | 0.59 | ₹3,527 Cr | ₹52,729 Cr | |
| BUY | ₹1,18,693.70 Cr | 22.48% | 0.64 | ₹9,902 Cr | ₹1,33,228 Cr |
About Indraprastha Gas Ltd
CNG is used by over 1.5 million vehicles in Delhi, Noida, Greater Noida, and Ghaziabad. PNG is used by over 1.2 million households, commercial establishments, and industries in these areas.
Share Price: ₹405.00 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹27,825.03Cr as of today
Revenue: ₹3,697.60Cr as on September 2024 (Q3 24)
Net Profit: ₹454.17Cr as on September 2024 (Q3 24)
Listing date: 26 Dec, 2003
Chairperson Name: Shri R. K. Jain
| Organisation | Indraprastha Gas Ltd |
| Headquarters | |
| Industry | Gas Distribution |
| E-voting on shares | Click here to vote |
Key events for Indraprastha Gas Ltd
Indraprastha Gas Announces Leadership Changes and Gas Supply Increase - 13 Jan, 2025
Indraprastha Gas Ltd's Board approved significant changes in directorship, appointing Sukhmal Kumar Jain as Chairman. Additionally, the government restored gas supply allocations to city gas retailers, including IGL.IGL Receives Upgrades Amid Gas Price Changes - 10 Jan, 2025
Indraprastha Gas Limited (IGL) sees a bullish outlook from Citi, with upgrades and price target increases amid changes in gas allocation and pricing. The company operates numerous CNG stations and may need to adjust retail prices to maintain margins.IGL Gains from Increased Domestic Gas Allocation - 09 Jan, 2025
Indraprastha Gas Ltd (IGL) will see a 31% increase in domestic gas allocation effective January 16, 2025, enhancing profitability and market position.IGL Shares Surge on MNGL IPO Approval News - 07 Jan, 2025
Indraprastha Gas Ltd (IGL) is poised for potential value unlocking following BPCL's in-principle approval for the MNGL IPO. Citi Research supports this with a target price of Rs 450, reflecting optimism in IGL's growth prospects.Indraprastha Gas Stock Experiences Volatility on January 6 - 06 Jan, 2025
On January 6, 2025, Indraprastha Gas stock saw a buy recommendation at ₹441, rallied on supply relief news, but ultimately fell 3.69% after two gains.Indraprastha Gas Shares Surge on Government Support - 03 Jan, 2025
Indraprastha Gas Ltd benefits from government reallocating natural gas to city gas retailers, leading to a significant rise in share prices throughout the day.Indraprastha Gas Faces Challenges with Gas Supply - 31 Dec, 2024
Indraprastha Gas Ltd and Mahanagar Gas are currently facing issues with the availability of NWG gas for CNG. A decision regarding new well gas allocation is expected by early February, which could potentially lower gas costs for CNG, indicating a slightly positive outlook.Nuvama Maintains Reduce Rating on IGL Amid Price Correction - 27 Dec, 2024
Nuvama has retained its Reduce rating on Indraprastha Gas Ltd (IGL) and MGL, while holding a Hold recommendation on Gujarat Gas. The stocks have seen significant price corrections following the de-allocation of APM gas.IGL Shares Surge After Strong Market Debut - 26 Dec, 2024
International Gemmological Institute (IGL) shares reached a 10% upper circuit at ₹580.25 after listing at a significant premium on both NSE and BSE.CNG Supply Cuts Impact Indraprastha Gas - 24 Dec, 2024
Indraprastha Gas reports a 20% cut in domestic CNG supplies, following a previous 21% reduction in October. This may affect operations and pricing.Indraprastha Gas Shares Recover Amid APM Concerns - 19 Dec, 2024
Indraprastha Gas Ltd shares have rebounded 23% from November lows, despite concerns over the impact of administered price mechanism (APM) gas de-allocations on their CNG production.Nuvama Cautions on Indraprastha Gas Stock Outlook - 18 Dec, 2024
Despite a 22% rebound in Indraprastha Gas shares, Nuvama warns of unsupportive fundamentals and an imminent profit plunge, maintaining a cautious stance.
Insights on Indraprastha Gas Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 16.16% to 19.29% in Sep 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 1 month, IGL stock has moved up by 3.0%
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 3.67K Cr → 3.87K Cr (in ₹), with an average increase of 5.1% per quarter
NO EFFECTAgainst Peers
In the last 1 year, GAIL India Ltd has given 4.2% return, outperforming this stock by 10.4%
- NO EFFECT
Against Peers
In the last 3 years, GAIL India Ltd has given 79.0% return, outperforming this stock by 90.9%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 45.00% of holdings in Sep 2024 quarter
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 11.92% to 10.41% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 8.74% to 7.52% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 481.2 Cr → 454.88 Cr (in ₹), with an average decrease of 5.5% per quarter
News
Indraprastha Gas Board Approves Changes in Directorship
The Board of Indraprastha Gas has approved following changes in the Directorship of the Company: (i) Appointment of Sukhmal Kumar Jain (DIN: 09206648) as an Additional Director and Chairman w.e.f. 14 January 2025. (ii) Cessation of R.K. Jain (DIN: 08788595) as Chairman and Director w.e.f. 14 January 2025. (iii) Appointment of Sanjay Kumar (DIN: 08346704) as an Additional Director w.e.f. 14 January 2025. (iv) Cessation of Pankaj Kumar (DIN: 07245781) as a Director w.e.f. 14 January 2025.13 Jan, 2025 04:22 PMOil Marketers Expected to Shine Amid Margin Challenges for Gas Distributors
Unexpected cuts in Administered Price Mechanism (APM) gas prices are likely to hurt CGDs like Indraprastha Gas (IGL). Analysts expect earnings before interest, tax, depreciation, and amortisation (EBITDA) for IGL to drop sequentially by 37%.13 Jan, 2025 04:00 PMIndraprastha Gas Ltd Announces Changes in Directorship
The Board of Directors of the City Gas Distributor, Indraprastha Gas Ltd has approved some changes in the Directorship of the Company, leading to the appointment of Shri Sukhmal Kumar Jain as an Additional Director and Chairman w.e.f. January 14, 2025. Shri R.K. Jain has been ceased as Chairman and Director w.e.f. January 14, 2025. In addition to this, the appointment of Shri Sanjay Kumar as an Additional Director w.e.f. January 14, 2025, has also been announced. Shri Pankaj Kumar also gets superannuated as a Director w.e.f. January 14, 2025.13 Jan, 2025 01:32 PMIndraprastha Gas Ltd Financials
Index Inclusions
Indraprastha Gas Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 45% | 0.00 | |
| Foreign Institutions | 19.29% | 19.37 | |
| Mutual Funds | 10.41% | ||
| Retail Investors | 7.52% | ||
| Others | 17.78% |
Indraprastha Gas Ltd Key Indicators
Indraprastha Gas Ltd Valuation
Indraprastha Gas Ltd in the last 5 years
Lowest (11.81x)
November 21, 2024
Today (15.36x)
January 17, 2025
Industry (18.25x)
January 17, 2025
Highest (36.62x)
February 11, 2021
Indraprastha Gas Ltd Earnings and Dividends
Indraprastha Gas Ltd Earnings Results
Indraprastha Gas Ltd’s net profit fell -17.69% since last year same period to ₹454.88Cr in the Q2 2024-2025. On a quarterly growth basis, Indraprastha Gas Ltd has generated -5.47% fall in its net profits since last 3-months.
Read More about Earnings ResultsIndraprastha Gas Ltd Dividends October,2024
In the quarter ending September 2024, Indraprastha Gas Ltd has declared dividend of ₹5.50 - translating a dividend yield of 3.58%.
Read More about Dividends
Indraprastha Gas Ltd Technicals Summary
Bearish
Neutral
Bullish
Indraprastha Gas Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Indraprastha Gas Ltd
Indraprastha Gas Ltd share price today stands at ₹405, Open. ₹397.9 ; Previous Close. ₹397.5 ; High. ₹409.45 ; Low. ₹396.7 ; 52 Week High. ₹570.35 ; 52 Week Low: ₹306.1.
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Indraprastha Gas Ltd is listed on NSE
Indraprastha Gas Ltd is listed on BSE
- Today’s highest price of Indraprastha Gas Ltd is ₹409.45.
- Today’s lowest price of Indraprastha Gas Ltd is ₹396.7.
PE Ratio of Indraprastha Gas Ltd is 15.36
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 29.07L.
Today’s market capitalisation of Indraprastha Gas Ltd(IGL) is ₹27825.03Cr.
| Indraprastha Gas Ltd(IGL | Price |
|---|---|
52 Week High | ₹570.35 |
52 Week Low | ₹306.1 |
Indraprastha Gas Ltd(IGL) share price is ₹405. It is down -28.99% from its 52 Week High price of ₹570.35
Indraprastha Gas Ltd(IGL) share price is ₹405. It is up 32.31% from its 52 Week Low price of ₹306.1
| Indraprastha Gas Ltd(IGL | Returns |
|---|---|
1 Day Returns | 7.5% |
1 Month Returns | 1.66% |
3 Month Returns | -10.34% |
1 Year Returns | -7.53% |