Indraprastha Gas shines on reporting 19% rise in Q3 net profit

07 Feb 2019

Indraprastha Gas is currently trading at Rs. 304.80, up by 6.35 points or 2.13% from its previous closing of Rs. 298.45 on the BSE.

The scrip opened at Rs. 299.00 and has touched a high and low of Rs. 307.35 and Rs. 293.40 respectively. So far 95169 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 320.30 on 02-Aug-2018 and a 52 week low of Rs. 215.20 on 08-Oct-2018.

Last one week high and low of the scrip stood at Rs. 310.60 and Rs. 281.00 respectively. The current market cap of the company is Rs. 21350.02 crore.

The promoters holding in the company stood at 45.00%, while Institutions and Non-Institutions held 43.64% and 11.36% respectively.

Indraprastha Gas (IGL) has reported a rise of 19.33% in its net profit at Rs 197.99 crore for the quarter ended December 31, 2018 as compared to Rs 165.92 crore for the same quarter in the previous year. Total income of the company increased by 28.52% at Rs 1,705.13 crore for Q3FY19 as compared Rs 1,326.71 crore for the corresponding quarter previous year.

IGL is engaged in distribution of CNG and PNG in Delhi. 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.

Related Indraprastha Gas Ltd. Links:

Indraprastha Gas Share Price

492.75 -18.65 (-3.65%) Feb 26, 18:55
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Peers
Company Name CMP
GAIL India 141.75
Petronet LNG 256.20
Indraprastha Gas 492.75
Linde India 1556.95
Confidence Petroleum 42.90
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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