|
12 Dec 2025 |
Indraprastha Gas
|
Consensus Share Price Target
|
186.71 |
225.03 |
- |
20.52 |
buy
|
|
|
|
|
16 May 2023
|
Indraprastha Gas
|
ICICI Direct
|
186.71
|
590.00
|
485.40
(-61.53%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|
|
15 May 2023
|
Indraprastha Gas
|
Motilal Oswal
|
186.71
|
345.00
|
493.30
(-62.15%)
|
Pre-Bonus/ Split |
Sell
|
|
|
|
|
15 May 2023
|
Indraprastha Gas
|
Keynote Capitals Ltd
|
186.71
|
567.00
|
493.30
(-62.15%)
|
Pre-Bonus/ Split |
Buy
|
|
|
Quarterly Update Q4FY23
|
|
15 May 2023
|
Indraprastha Gas
|
ICICI Securities Limited
|
186.71
|
630.00
|
490.00
(-61.90%)
|
Pre-Bonus/ Split |
Buy
|
|
|
Indraprastha Gas (IGL) reported a steady Q4FY23 with ~7% YoY decline in EBITDA and ~9% YoY decline in net earnings to Rs4.7bn and Rs3.3bn respectively (I-Sec: EBITDA Rs5.1bn, PAT Rs3.6bn). QoQ performance was stronger with ~9/18.5% jump in EBITDA/PAT respectively.
|
|
03 May 2023
|
Indraprastha Gas
|
Motilal Oswal
|
186.71
|
345.00
|
490.70
(-61.95%)
|
Pre-Bonus/ Split |
Sell
|
|
|
|
|
26 Apr 2023
|
Indraprastha Gas
|
ICICI Securities Limited
|
186.71
|
625.00
|
487.10
(-61.67%)
|
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
|
186.71
|
1009.00
|
491.25
(-61.99%)
|
Pre-Bonus/ Split |
Buy
|
|
|
Riding the volume growth
|
|
15 Mar 2023
|
Indraprastha Gas
|
Motilal Oswal
|
186.71
|
340.00
|
421.10
(-55.66%)
|
Pre-Bonus/ Split |
Sell
|
|
|
|
|
08 Feb 2023
|
Indraprastha Gas
|
Geojit BNP Paribas
|
186.71
|
504.00
|
436.05
(-57.18%)
|
Target met |
Buy
|
|
|
|
|
30 Jan 2023
|
Indraprastha Gas
|
ICICI Direct
|
186.71
|
490.00
|
416.10
(-55.13%)
|
Target met |
Buy
|
|
|
|