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Indraprastha Gas rises after increasing CNG prices

24 Jun 2024 Evaluate

Indraprastha Gas is currently trading at Rs. 474.50, up by 3.80 points or 0.81% from its previous closing of Rs. 470.70 on the BSE.

The scrip opened at Rs. 476.75 and has touched a high and low of Rs. 478.50 and Rs. 471.65 respectively. So far 71914 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 501.35 on 07-Jul-2023 and a 52 week low of Rs. 375.80 on 01-Nov-2023.

Last one week high and low of the scrip stood at Rs. 484.80 and Rs. 469.40 respectively. The current market cap of the company is Rs. 33281.54 crore.

The promoters holding in the company stood at 45.00%, while Institutions and Non-Institutions held 46.05% and 8.96% respectively.

Indraprastha Gas (IGL) has increased Compressed Natural Gas (CNG) prices by Rs 1 per kilogram. The new pricing structure came into effect from June 22, resulting in an immediate impact on various regions across the country, including New Delhi, Uttar Pradesh, Haryana, Rajasthan, and the National Capital Region (NCR).

In Delhi, the price has risen from Rs 74.09 to Rs 75.09 per kg. In Noida, Greater Noida, and Ghaziabad, the prices have increased from Rs 78.70 to Rs 79.70 per kg and in Gurugram, Haryana, there has been no change in the CNG prices, which remain stable despite the hike in neighboring regions. 

Indraprastha Gas is in the business of city gas distribution presently operating in the National Capital Territory of Delhi including adjoining areas of Noida, Greater Noida, Ghaziabad, Gurugram, Meerut (except area already authorised), Shamli, Muzaffarnagar, Karnal and Rewari.

Indraprastha Gas Share Price

165.55 -3.60 (-2.13%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
GAIL India 164.95
Gujarat Gas 386.10
Indraprastha Gas 165.55
Mahanagar Gas 1135.55
Adani Total Gas 621.80
View more..

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