|
15 Sep 2025 |
Indraprastha Gas
|
Consensus Share Price Target
|
214.81 |
220.55 |
- |
2.67 |
buy
|
|
|
|
|
15 May 2023
|
Indraprastha Gas
|
Keynote Capitals Ltd
|
214.81
|
567.00
|
493.30
(-56.45%)
|
Pre-Bonus/ Split |
Buy
|
|
|
Quarterly Update Q4FY23
|
|
03 May 2023
|
Indraprastha Gas
|
Motilal Oswal
|
214.81
|
345.00
|
490.70
(-56.22%)
|
Pre-Bonus/ Split |
Sell
|
|
|
|
|
26 Apr 2023
|
Indraprastha Gas
|
ICICI Securities Limited
|
214.81
|
625.00
|
487.10
(-55.90%)
|
Pre-Bonus/ Split |
Buy
|
|
|
In a notification posted by IGL on 25th Apr’23 (link), the regulator PNGRB has clarified long-pending issues pertaining to formal CGD authorisation for the areas of Greater Noida, Faridabad and Gurugram. We note IGL already supplies gas (0.5mmscmd) to Gurugram and Faridabad for a nominal service fee of Rs2/scm, which implies an EBITDA of only Rs350mn – while for balance volumes, IGL’s EBITDA margin is at a healthy ~Rs7.7/scm (FY22 reported earnings).
|
|
17 Apr 2023
|
Indraprastha Gas
|
Ventura
|
214.81
|
1009.00
|
491.25
(-56.27%)
|
Pre-Bonus/ Split |
Buy
|
|
|
Riding the volume growth
|
|
15 Mar 2023
|
Indraprastha Gas
|
Motilal Oswal
|
214.81
|
340.00
|
421.10
(-48.99%)
|
Pre-Bonus/ Split |
Sell
|
|
|
|
|
08 Feb 2023
|
Indraprastha Gas
|
Geojit BNP Paribas
|
214.81
|
504.00
|
436.05
(-50.74%)
|
Target met |
Buy
|
|
|
|
|
30 Jan 2023
|
Indraprastha Gas
|
ICICI Direct
|
214.81
|
490.00
|
416.10
(-48.38%)
|
Target met |
Buy
|
|
|
|
|
28 Jan 2023
|
Indraprastha Gas
|
Motilal Oswal
|
214.81
|
452.00
|
417.90
(-48.60%)
|
Target met |
Neutral
|
|
|
|
|
27 Jan 2023
|
Indraprastha Gas
|
ICICI Securities Limited
|
214.81
|
535.00
|
413.15
(-48.01%)
|
Pre-Bonus/ Split |
Buy
|
|
|
Indraprastha Gas (IGL) reported a muted Q3FY23 with 9% YoY decline in EBITDA and 10% YoY decline in net earnings to Rs4.3bn and Rs2.8bn respectively (I-Sec: EBITDA of Rs5.2bn, PAT of Rs3.6bn).
|
|
27 Jan 2023
|
Indraprastha Gas
|
Keynote Capitals Ltd
|
214.81
|
555.00
|
417.90
(-48.60%)
|
Pre-Bonus/ Split |
Buy
|
|
|
Quarterly Update Q3FY23
|