Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

CNG in the national capital territory of Delhi now costs Rs 73.61 per kg, up from Rs 71.61 per kg, according to the information posted on the website of Indraprastha Gas Ltd (IGL) -- the firm which retails CNG and piped cooking gas in the national capital and adjoining cities.

CNG price hiked by Rs 2 per kg

Despite a challenging session on last Friday, Indraprastha Gas ended the session firmly in the green. Price-wise, we can witness a decisive breakout along with substantial rise in volumes.

Hot Stocks | Here’s why you should buy Indraprastha Gas and sell Bharti Airtel for short term

Indraprastha Gas Ltd (IGL) has increased the prices of compressed natural gas (CNG) by Rs 2 per kg in Delhi, Noida and Gurugram, effective Sunday. After the hike, CNG will now be available at Rs 73.61 per kg in Delhi, Rs 76.17 per kg in Noida, and Rs 81.94 in Gurugram

CNG Prices Hiked by Rs 2 In Delhi, Noida, Gurugram; Rates Revised In Other Cities; Check Details

The Indraprastha Gas Limited (IGL) has hiked the price of Compressed Natural Gas (CNG) by Rs 2 per kg in Delhi-NCR, with effect from Sunday at 6 am.

CNG price hiked by Rs 2 per kg in Delhi-NCR with effect from today

The Indraprastha Gas Limited (IGL) has also hiked gas prices in other parts of the country.

CNG gets costlier by Rs 2 per kg in Delhi, Noida, Gurugram; check new rates

HDFC Asset Management, Indraprastha Gas, MRF Ltd and Shriram Transport have been excluded, the MSCI said on Friday in its Semi-Annual Index Review

MSCI adds BoB, Cholamandalam Investment, JSPL to India index

New city gas distribution (CGD) companies, specifically the ones who won bidding rounds-IX, X and XI, include Adani Total Gas, Torrent Gas, Indian Oil-Adani Gas, Gail Gas, Indraprastha Gas, Unison Enviro Pvt Ltd, AG&P and Think Gas.

No gas for new city distributors to start

Indraprastha Gas Ltd., Mahanagar Gas Ltd., and Gujarat Gas Ltd. declined around 5% in trade, as a foreign brokerage – Credit Suisse – downgrade its ratings on the stocks. The brokerage expects the blending of imported gas to increase to more than 50% by FY26 from current levels of 15%. This coupled with higher domestic and imported gas prices will result in margin pressures. The brokerage sees no earnings growth for the next two years and a more than 20% cut to consensus estimates for FY24. The pressure is on CNG and residential PNG segments which account for 85-90% of EBITDA for IGL, 85% for MGL, and 45% for Gujarat Gas.
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City Gas Distributors Fall Post Credit Suisse Downgrade | Indraprastha Gas Ltd | Markets | ET Now

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Net Sales are expected to increase by 62.5 percent Y-o-Y (up 13.7 percent Q-o-Q) to Rs. 2,519.6 crore, according to ICICI Direct.

Indraprastha Gas Q4 PAT seen up 6.8% YoY to Rs. 353.6 cr: ICICI Direct

Indraprastha Gas Limited (IGL) has increased the prices of domestic piped natural gas (PNG) as well as CNG today. Prices of CNG have been hiked Rs 2.5 per kg in Delhi to Rs 71.61 per Kg from today. For Noida, Greater Noida & Ghaziabad, the CNG price has been hiked to Rs 74.17 per Kg, while in Gurugr…

Delhi: IGL hikes CNG prices by Rs 2.5 per Kg from today

Indraprastha Gas Limited (IGL) is a city gas distribution company. The Company's business consists of sale of natural gas.

Indraprastha Gas Ltd

Indraprastha Gas Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

CNG price hiked by Rs 2 per kg

Hot Stocks | Here’s why you should buy Indraprastha Gas and sell Bharti Airtel for short term

CNG Prices Hiked by Rs 2 In Delhi, Noida, Gurugram; Rates Revised In Other Cities; Check Details

CNG price hiked by Rs 2 per kg in Delhi-NCR with effect from today

CNG gets costlier by Rs 2 per kg in Delhi, Noida, Gurugram; check new rates

MSCI adds BoB, Cholamandalam Investment, JSPL to India index

No gas for new city distributors to start

News Video

City Gas Distributors Fall Post Credit Suisse Downgrade | Indraprastha Gas Ltd | Markets | ET Now

Stocks in news: HDFC Bank, Tata Steel, Mindtree, Infosys, Indraprastha Gas and more

Indraprastha Gas Q4 PAT seen up 6.8% YoY to Rs. 353.6 cr: ICICI Direct

Indraprastha Gas Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

CNG price hiked by Rs 2 per kg

Hot Stocks | Here’s why you should buy Indraprastha Gas and sell Bharti Airtel for short term

CNG Prices Hiked by Rs 2 In Delhi, Noida, Gurugram; Rates Revised In Other Cities; Check Details

CNG price hiked by Rs 2 per kg in Delhi-NCR with effect from today

CNG gets costlier by Rs 2 per kg in Delhi, Noida, Gurugram; check new rates

MSCI adds BoB, Cholamandalam Investment, JSPL to India index

No gas for new city distributors to start

News Video

City Gas Distributors Fall Post Credit Suisse Downgrade | Indraprastha Gas Ltd | Markets | ET Now

Stocks in news: HDFC Bank, Tata Steel, Mindtree, Infosys, Indraprastha Gas and more

Indraprastha Gas Q4 PAT seen up 6.8% YoY to Rs. 353.6 cr: ICICI Direct

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock