IGL: SHARES TRADING DOWN 2.19% AS DELHI GOVT. TO 5000 NEW ELECTRIC BUSES

 25 Mar 2025 01:08 PM

IGL: SHARES TRADING DOWN 2.19% AS DELHI GOVT. TO 5000 NEW ELECTRIC BUSES

While GAIL, IGL, others rally up to 7%, this brokerage sees limited impact of PNGRB proposals. Here's why

 24 Mar 2025 05:31 PM

Shares of GAIL, MGL, and other CGD companies surged up to 7% after PNGRB proposed gas transmission tariff amendments. While brokerages like CLSA and Citi viewed it positively, Kotak Institutional Equities cautioned that the financial impact may be minimal.

GAIL, GSPL shares rally up to 7% after PNGRB tariff proposal boosts sentiment

 24 Mar 2025 11:47 AM

According to CLSA, the changes are expected to reduce operating expenses (Opex) for Indraprastha Gas Ltd (IGL) and, to some extent, for Mahanagar Gas Ltd (MGL). However, GSPL is anticipated to be the biggest beneficiary of these amendments, as highlighted by the global brokerage firm.

Stocks to buy in 2025: JSW Steel, IGL among top 5 stocks which could give up to 80% return

 21 Feb 2025 09:08 AM

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Stocks to buy in 2025: ICICI Bank, IGL among top 5 trading ideas that could give 27-50% return in 12 months

 18 Feb 2025 01:46 PM

Brokerage firms recommend buying PI Industries, ICICI Bank, Amber Enterprises, Indus Towers, and IGL. PI Industries is targeted at Rs 4,400. ICICI Bank is expected to reach Rs 1,600. Amber Enterprises has a target of Rs 8,845. Indus Towers is aimed at Rs 490. IGL is set at Rs 250.

Indraprastha Gas Ltd embraces end of city gas monopolies, eyes new opportunities

 17 Feb 2025 11:47 PM

Indraprastha Gas Ltd (IGL) supports ending city gas monopolies, confident in sustaining its business amid new competition. IGL's MD Kamal Kishore Chatiwal believes the company can protect its market in Delhi and sees potential opportunities in neighboring territories due to higher CNG prices in competitors' areas.

IGL shares begin trading ex-bonus today

 31 Jan 2025 10:51 AM

Indraprastha Gas Ltd (IGL) shares began trading ex-bonus on January 31, 2025, after announcing a 1:1 bonus share issue. The record date for eligibility is January 31, with shares allocated on February 3. IGL, issuing bonus shares for the first time, has seen its stock decline 7.3% in the past year, with a 27.3% drop in the last six months.

IGL shares 1:1 bonus issue record date tomorrow. Do you own?

 30 Jan 2025 07:11 AM

The record date is determined by the company to identify shareholders eligible for an offer. To qualify for a buyback, bonus issue, or stock split, shares must be held in the demat account on the record date.

Jefferies upgrades IGL to ‘buy’, sees 32% upside; stock rises 3%

 29 Jan 2025 10:51 AM

Jefferies' optimism regarding IGL's future performance is underscored by notable increases in its earnings per share (EPS) forecasts. The brokerage has raised its EPS estimates for fiscal years 2026 and 2027 by 52% and 55%, respectively, pointing to robust anticipated profit growth.

Government partially restores gas supply to IGL, Adani-Total

 12 Jan 2025 12:56 PM

The government has increased the supply of cheaper gas to city gas retailers like IGL, Adani-Total, and Mahanagar Gas. This move restores a significant portion of the allocation that was cut in 2024. The increased supply is expected to stabilize retail prices for consumers. This adjustment follows gas supply cuts that led to higher CNG prices in the past.