204.2700 -3.29 (-1.59%)
NSE May 22, 2025 15:31 PM
Volume: 1.7M
 

204.27
-1.59%
ICICI Securities Limited
Indraprastha Gas (IGL) reported Q4FY18 numbers, which were higher than our estimates mainly on account of a better operational performance. Revenues increased 23.1% YoY to | 1232.9 crore above our estimate of | 1198.5 crore on account of higher realisations. Volumes posted growth of 12.4% YoY at 5.4 mmscmd in line with our estimates. While CNG volumes were at 4 mmscmd, PNG volumes came in at 1.4 mmscmd Net realisations were above our estimate at | 27.7/scm (our estimate:...
Indraprastha Gas Ltd. has an average target of 234.67 from 7 brokers.
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