NSE: IGL | BSE: 532514

Mid-range Performer

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203.90 -1.72 (-0.84%)

High vol. this week

NSE 19 Jun, 2025 11:48 AM (IST)

28,546

Market Cap

Above industry Median

1.1

Beta 1Year

High Volatility

EV Policy

Indraprastha Gas rises on Delhi govt's plans to ease the switch from petrol and gas vehicles to EVs See details

Indraprastha Gas Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for IGL, BSE:532514 Indraprastha Gas Ltd.

Indraprastha Gas Ltd.

07 Feb 2018

203.90

-0.84%

Indraprastha Gas: EBITDA below estimate; strong volume growth continues

Buy: Indraprastha Gas Ltd.

Target

Motilal Oswal

IGL reported EBITDA of INR2.6b (+3% YoY, -7% QoQ), below our estimate of INR2.8b, led by higher gas cost. EBITDA/scm declined to INR5.4 (v/s our estimate of INR6; INR6.0 in 3QFY17, INR5.9 in 2QFY18). PBT rose 17% YoY (-4% QoQ) to INR2.5b (est. of INR2.7b). Adj. PAT stood at INR1.66b (est. of INR1.8b; +10% YoY, -2% QoQ); the differential at PAT level declined due to higher other income of INR326m (est. of INR280m; +114% YoY, +30% QoQ) and a lower tax rate of 33.6% v/s our estimate of 34% (35.3% in 2QFY18, 32.5% in 3QFY17)

Indraprastha Gas Ltd.'s price crossed below 30Day SMA today

Indraprastha Gas Ltd.

19 Dec 2017, 12:00AM

203.90

-0.84%

Indraprastha Gas: Strong momentum continues

Buy: Indraprastha Gas Ltd.

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.

Indraprastha Gas Ltd.

17 Nov 2017

203.90

-0.84%

Result Update:Indraprastha Gas

Hold: Indraprastha Gas Ltd.

Axis Direct

IGL's volumes rose 3x (~13% CAGR) in last decade. Our analysis (based on reverse-DCF model) suggests current price is factoring (a) another 3x volume growth over next decade, (b) marginally up-trending profitability, and (c) 5% terminal growth.

Indraprastha Gas Ltd. is trading above its 150 day SMA of 195.5

Indraprastha Gas Ltd.

10 Nov 2017

203.90

-0.84%

IGL

Accumulate: Indraprastha Gas Ltd.

Dolat Capital

CNG segment, which constitutes nearly 76.4% of volumes, delivered a growth of 9%. This traction is expected to continue driven by increased number of CNG stations and government thrust to control pollution. Cluster bus addition will further boost the volumes. The volume growth...

Indraprastha Gas Ltd. average weekly volume is high.

Indraprastha Gas Ltd.

10 Nov 2017

203.90

-0.84%

Indraprastha Gas

Hold: Indraprastha Gas Ltd.

ICICI Securities Limited

Indraprastha Gas (IGL) reported its Q2FY18 results, which were marginally above our estimates on the topline and profitability front. Revenues recorded an increase of 16.6% YoY at | 1049.2 crore in line with our estimates. Volumes posted growth of 14% YoY at 5.2 mmscmd above our estimates of 5.1 mmscmd. While CNG volumes stood at 3.9 mmscmd in line with our estimates, PNG volumes came in at 1.3 mmscmd above our estimates of 1.2 mmscmd Gross margins stood at | 13.5/scm in line with our estimates. EBITDA...

Indraprastha Gas Ltd. is trading below its 30 day SMA of 207.2

Indraprastha Gas Ltd.

09 Nov 2017

203.90

-0.84%

Indraprastha Gas: In-line results; strong volume growth continues

Neutral: Indraprastha Gas Ltd.

Motilal Oswal

Strong CNG/PNG volume growth continues: CNG volumes grew 13% YoY (+6% QoQ) to 3.91mmscmd, while PNG volumes grew 18% YoY (+9% QoQ) to 1.30mmscmd. Total volumes grew 14% YoY (+6% QoQ) to 5.22mmscmd....

Indraprastha Gas Ltd. has an average target of 205.25 from 7 brokers.

Indraprastha Gas Ltd.

17 Aug 2017

203.90

-0.84%

Result Update - Indraprastha Gas

Buy: Indraprastha Gas Ltd.

Axis Direct

Q1FY18 PAT at Rs 1.6 bn (vs. estimate of Rs 1.5 bn) on strong volume growth (13% YoY) and higher EBITDA margin (Rs 6.2/scm). Volume growth in Q1FY8 is admirable, given volume in Q1FY17 was propped by opening of 94 CNG stations.

Indraprastha Gas Ltd. is trading below its 30 day SMA of 207.2

Indraprastha Gas Ltd.

14 Aug 2017

203.90

-0.84%

Indraprastha Gas

Hold: Indraprastha Gas Ltd.

ICICI Securities Limited

Indraprastha Gas (IGL) reported its Q1FY18 results, which were in line with our estimates on the topline front. Revenues recorded an increase of 16.6% YoY at | 1049.2 crore in line with our estimates. Volumes posted growth of | 13% YoY at 4.9 mmscmd in line with...

Indraprastha Gas Ltd. is trading below its 30 day SMA of 207.2

Is Indraprastha Gas Ltd. worth buying?

727 Votes:

Buy 81.57%

Sell 10.59%

Hold 7.84%

RESEARCH REPORTS

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