|
13 Sep 2025 |
Indraprastha Gas
|
Consensus Share Price Target
|
214.79 |
220.55 |
- |
2.68 |
buy
|
|
|
|
|
27 Dec 2022
|
Indraprastha Gas
|
BOB Capital Markets Ltd.
|
214.79
|
520.00
|
411.10
(-47.75%)
|
Pre-Bonus/ Split |
Buy
|
|
|
IGL targets 10% volume growth over FY23-25E, aims to offset loss from electric vehicles
|
|
23 Dec 2022
|
Indraprastha Gas
|
ICICI Securities Limited
|
214.79
|
540.00
|
424.45
(-49.40%)
|
Pre-Bonus/ Split |
Buy
|
|
|
The recommendations to fix a first year price ceiling of US$6.5/mmbtu is a material positive for gas costs, with an annual escalation of US$0.5/mmbtu, a manageable price increase for IGL. In the near term, with current level of prices, IGL may be able to pass on ~Rs4.3/kg in CNG and ~Rs4.7/scm reduction for the domestic segment which can potentially improve price competitiveness in the near term.
|
|
25 Oct 2022
|
Indraprastha Gas
|
Keynote Capitals Ltd
|
214.79
|
555.00
|
425.55
(-49.53%)
|
Pre-Bonus/ Split |
Buy
|
|
|
Quarterly Update Q2FY23
|
|
25 Oct 2022
|
Indraprastha Gas
|
ICICI Securities Limited
|
214.79
|
526.00
|
383.35
(-43.97%)
|
Pre-Bonus/ Split |
Buy
|
|
|
Indraprastha Gas (IGL) has reported a muted Q2FY23 with 14.6% QoQ decline (- 0.5% YoY) in EBITDA and 1.1% QoQ decline (up 3.9% YoY) in net earnings to Rs5.3bn and Rs4.2bn, respectively (I-Sec estimates EBITDA of Rs6.3bn, PAT of Rs4.43bn).
|
|
22 Sep 2022
|
Indraprastha Gas
|
Keynote Capitals Ltd
|
214.79
|
585.00
|
424.45
(-49.40%)
|
Pre-Bonus/ Split |
Buy
|
|
|
Initiating Coverage Report
|
|
17 Aug 2022
|
Indraprastha Gas
|
Geojit BNP Paribas
|
214.79
|
507.00
|
414.60
(-48.19%)
|
Target met |
Buy
|
|
|
|
|
10 Aug 2022
|
Indraprastha Gas
|
ICICI Securities Limited
|
214.79
|
540.00
|
358.75
(-40.13%)
|
Pre-Bonus/ Split |
Buy
|
|
|
Indraprastha Gas (IGL) reported a strong 62% YoY jump in EBITDA and 72% surge in net earnings to Rs6.2bn and Rs4.2bn respectively.
|
|
10 Aug 2022
|
Indraprastha Gas
|
Motilal Oswal
|
214.79
|
406.00
|
379.80
(-43.45%)
|
Target met |
Neutral
|
|
|
|
|
09 Aug 2022
|
Indraprastha Gas
|
Prabhudas Lilladhar
|
214.79
|
576.00
|
379.80
(-43.45%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|
|
21 May 2022
|
Indraprastha Gas
|
Sharekhan
|
214.79
|
450.00
|
369.05
(-41.80%)
|
Target met |
Buy
|
|
|
|