Buy IGL with a target at Rs 660: D K Aggarwal

D K Aggarwal, Chairman and MD, SMC Investments and Advisors Ltd, says better prospects for pipeline and LNG infrastructure likely to drive growth of the company

Factors such as low global natural gas prices, favourable government policies, a surge in liquefied natural gas (LNG) regasification capacities, revival in gas demand from price-sensitive segments, better prospects for pipeline and LNG infrastructure and improving clarity on Petroleum & Natural Gas Regulatory Board's (PNGRB) role are likely to drive growth of Indraprastha Gas Ltd.