214.3900 1.03 (0.48%)
NSE May 29, 2025 15:31 PM
Volume: 4.3M
 

214.39
0.48%
Motilal Oswal
CNG conversions continue at 3,000- 3,500 per month, including 1,000-1,500 aggregators. There are 20,000 aggregators yet to be converted to CNG. IGL targets to open 20 more CNG stations over the remainder of FY18. CNG volumes are expected to continue growing in double-digits. After already opening two CNG stations at Rewari, IGL intends to open additional four stations in FY18. It aims to attract more of highway traffic with these stations. IGL has identified six CNG stations on highways that do not come under the existing geographical areas (GAs) to capitalize on the highway CNG potential
Indraprastha Gas Ltd. has an average target of 205.25 from 7 brokers.
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