218.3800 -2.24 (-1.02%)
NSE Jul 11, 2025 15:31 PM
Volume: 1.9M
 

218.38
-1.02%
HDFC Securities
We do not foresee any crucial regulatory adversity in CGD either through a change in gas allocation or capping returns because the superior returns in CGD will be reinvested and will help increase the share of gas in India's energy mix to 20% (from 6% currently) by 2025 We maintain BUY on IGL after an in-line 4QFY19. Our target is Rs 385/sh (25x Mar-21E standalone EPS and 23x Mar-21E for its subsidiaries, MNGL and CUGL).
Indraprastha Gas Ltd. has an average target of 205.25 from 7 brokers.
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