IGL shares rise 0.85% as Sensex climbs

A total of 304,218 shares changed hands on the counter till 12:58PM (IST)

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Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
Shares of the Indraprastha Gas Ltd. traded at Rs 396.35 on BSE at 12:58PM (IST) on Tuesday, up 0.85 per cent from previous close.

The stock quoted a 52-week low price of Rs 386.5 and a high of Rs 604.0.

Earlier, shares of the company saw a gap up opening in the morning.


A total of 304,218 lakh shares changed hands on the counter till 12:58PM (IST).

The stock of Indraprastha Gas Ltd. commands a market value of Rs 27772.53 crore.

The stock traded at a price-to-earning (P/E) multiple of 19.11, while the price-to-book value ratio stood at 5.64. Return on equity (ROE) was at 18.51 per cent, according to exchange data.
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In the BSE500 pack, 342 stocks traded in the green, while 158 stocks were in the red.

Promotor Holding
Promoters held 45.0 per cent in the Indraprastha Gas Ltd. as of 31-Dec-2021 while foreign and domestic institutional investors owned 20.23 per cent and 16.67 per cent, respectively.
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