Share price of IGL falls as Nifty strengthens

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MRF Ltd. shares  gain  0.09% as Sensex  falls


Shares of Indraprastha Gas Ltd. slipped 0.04 per cent to Rs 504.1 in Wednesday’s trade as of 12:40PM (IST).

The stock hit a high price of Rs 509.0 and low of Rs 502.5 during the session.

The return on equity (ROE) for the stock stood at 23.31 per cent. Traded volume on the counter stood at 12:40PM shares and turnover at Rs 1.77 crore around that time.

The stock of Indraprastha Gas Ltd. quoted a 52-week high and 52-week low prices of Rs 594.85 and Rs 364.3, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.0.

Promotor/FII Holding

Promoters held 45.0 per cent stake in the company as of 31-Dec-2020, while overseas investors held 23.22 per cent and domestic institutional investors had 16.07 per cent.

Key Financials

The company reported consolidated sales of Rs 1472.07 crore for the quarter ended 31-Dec-2020, up 0.07 per cent from previous quarter’s Rs 1471.05 crore and up 13.5 per cent from the year-ago quarter’s Rs 1701.73 crore.

Net profit after tax for the latest quarter stood at Rs 381.83 crore, up 28.4 per cent from the same quarter a year ago.



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