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

ICICI Direct is bullish on Indraprastha Gas has recommended buy rating on the stock with a target price of Rs 440 in its research report dated May 20, 2022.

Buy Indraprastha Gas; target of Rs 440: ICICI Direct

CNG now costs Rs 75.61/kg in Delhi NCR, according to Indraprastha Gas’ website. Mahanagar Gas has priced CNG at Rs 76/kg in Mumbai.

CNG Price Hiked By Rs 2/Kg, Rates Up By Rs 19.60/Kg In Two Months

The Indraprastha Gas Limited (IGL), on Saturday, increased the price of Compressed Natural Gas (CNG) by Rs 2 per kg. With this CNG will cost Rs 75.61 per kg with effect from today.

CNG rates increased for second time in 6 days, price up by Rs 2 in Delhi

Indraprastha Gas (IGL) has hiked CNG (compressed natural gas) prices in the Delhi to Rs 75.61 per kg. For Noida, Greater Noida and Ghaziabad, CNG price has been hiked to Rs 78.17 per kg, while in Gurugram, it will cost Rs 83.94 per kg. The firm sees rates staying elevated in the near future due to h…

CNG price in Delhi hiked for 2nd time in 6 days; rates to go up by Rs 2 per kg to Rs 75.61

Prabhudas Lilladher is bullish on Indraprastha Gas has recommended buy rating on the stock with a target price of Rs 589 in its research report dated May 18, 2022.

Buy Indraprastha Gas; target of Rs 589: Prabhudas Lilladher

Motilal Oswal recommended Neutral rating on Indraprastha Gas with a target price of Rs 412 in its research report dated May 18, 2022.

Neutral Indraprastha Gas; target of Rs 412: Motilal Oswal

Indraprastha Gas Ltd, the nation’s largest CNG retailer, will invest about Rs 8,000 crore in the next five years to expand the city gas network of CNG stations and pipelines

IGL to invest Rs 8,000 cr in five years to expand CNG gas network: CEO

Indraprastha Gas Ltd (IGL) currently has major operations in the national capital and its adjoining cities.

IGL to invest Rs 8,000 cr in five years for expansion

Indraprastha Gas Q4 Review - Admirable Resilience: ICICI Securities

Results Review for ITC, Indian Oil Corporation, DLF, Indraprastha Gas, IRB Infra

Indraprastha Gas Q4 Review - Concerns Remain Despite A Decent Performance: Motilal Oswal

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

Buy Indraprastha Gas; target of Rs 440: ICICI Direct

CNG Price Hiked By Rs 2/Kg, Rates Up By Rs 19.60/Kg In Two Months

CNG rates increased for second time in 6 days, price up by Rs 2 in Delhi

CNG price in Delhi hiked for 2nd time in 6 days; rates to go up by Rs 2 per kg to Rs 75.61

Buy Indraprastha Gas; target of Rs 589: Prabhudas Lilladher

Neutral Indraprastha Gas; target of Rs 412: Motilal Oswal

IGL to invest Rs 8,000 cr in five years to expand CNG gas network: CEO

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

Buy Indraprastha Gas; target of Rs 440: ICICI Direct

CNG Price Hiked By Rs 2/Kg, Rates Up By Rs 19.60/Kg In Two Months

CNG rates increased for second time in 6 days, price up by Rs 2 in Delhi

CNG price in Delhi hiked for 2nd time in 6 days; rates to go up by Rs 2 per kg to Rs 75.61

Buy Indraprastha Gas; target of Rs 589: Prabhudas Lilladher

Neutral Indraprastha Gas; target of Rs 412: Motilal Oswal

IGL to invest Rs 8,000 cr in five years to expand CNG gas network: CEO

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