Indraprastha Gas Ltd
IGL

1,061.30

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

1,061.85

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

1,068.90

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
Detailed Quote

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Buy
Reco. Price
Rs 993.00
We recommend buy on the stock on account of strong volume growth and gross margin expansion over next two years. In addition, National Green Tribunal has banned the registration of diesel vehicles > 10 years old in Delhi. Thus, switching from diesel to CNG vehicle could be a game changer for IGL. The stock is trading at 29x in FY17E earnings. (Target Price-Rs.1,103)
Detailed View
50 DMA (.)
1,033.08
100 DMA (.)
975.68
200 DMA (.)
868.05
Weekly Range (.)
1,044.00
1,084.40
Monthly Range (.)
990.25
1,084.40
52 Weeks Range (.)
555.10
1,084.40
Detailed Chart
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