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Indraprastha Gas shines on reporting 44% rise in Q1 net profit

23 Aug 2016 Evaluate

Indraprastha Gas is currently trading at Rs 777.00, up by 47.85 points or 6.56% from its previous closing of Rs 729.15 on the BSE.

The scrip opened at Rs. 740.00 and has touched a high and low of Rs. 786.10 and Rs. 735.30 respectively. So far 293315 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 786.10 on 23-Aug-2016 and a 52 week low of Rs. 433.40 on 25-Aug-2015.

Last one week high and low of the scrip stood at Rs. 786.10 and Rs. 672.00 respectively. The current market cap of the company is Rs. 10208.11 crore.

The promoters holding in the company stood at 45.00%, while Institutions and Non-Institutions held 41.12% and 13.88% respectively.

Indraprastha Gas has registered 44.39% rise in its net profit at Rs 148.01 crore for the quarter ended June 30, 2016 as compared to Rs 102.51 crore for the same quarter in the previous year. Total income of the company increased by just 0.04% at Rs 907.69 crore for quarter under review as compared to Rs 907.34 crore for the quarter ended June 30, 2015.

Indraprastha Gas, incorporated in 1998, is engaged in distribution of CNG and PNG in Delhi. In 1999 the company took over Delhi City Gas Distribution Project from GAIL (India). IGL laid the network for the distribution of natural gas in the National Capital of Delhi to consumers in the domestic, transport, and commercial sectors.

Indraprastha Gas Share Price

169.25 3.15 (1.90%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
GAIL India 157.80
Gujarat Gas 362.60
Indraprastha Gas 169.25
Mahanagar Gas 1125.45
Adani Total Gas 632.90
View more..

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