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Indraprastha Gas tanks despite reporting 18% jump in FY12 net profit

22 Jun 2012 Evaluate

Indraprastha Gas is currently trading at Rs. 243.80, down by 2.35 points or 0.95% from its previous closing of Rs. 246.15 on the BSE.

The scrip opened at Rs. 245.00 and has touched a high and low of Rs. 248.75 and Rs. 242.55 respectively. So far 259354 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 453.25 on 07-Sep-2011 and a 52 week low of Rs. 170.00 on 10-Apr-2012.

Last one week high and low of the scrip stood at Rs. 249.60 and Rs. 195.00 respectively. The current market cap of the company is Rs. 3437.70 crore.

The promoters holding in the company stood at 45.00% while Institutions and Non-Institutions held 39.76% and 15.24% respectively.

Indraprastha Gas, the sole supplier of CNG and piped cooking gas in the national capital, has reported audited financial results for the year ended 2012. The company has reported a jump of 17.97% in net profit Rs 306.43 crore from Rs 259.76 crore in 2010-11 fiscal. Moreover, the company’s turnover rose 43% at Rs 2,790 crore.

Earlier, the company reported unaudited financial results. The company posted rise of 18.26% in its net profit at Rs 307.20 crore for the year ended March 31, 2012 as compared to Rs 259.77 crore for the same period in the previous year. Total income has increased by 44.01% at Rs 2525.35 crore for year under review as compared to Rs 1753.55 crore for the period ended March 31, 2011.

The company’s board has recommended a dividend of 50% for the year.

Indraprastha Gas Share Price

169.25 3.15 (1.90%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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