News for Indraprastha Gas Limited (IGL.BO)

Delhi government's initiative to extend PNG supply to rural areas aims to provide cleaner, safer, and affordable cooking fuel.

Apr 28, 2025 / 10:30AM GMTOperator Ladies and gentlemen, good day, and welcome to the Indraprastha Gas Limited Q4 FY25 earnings conference call, hosted by Phill

Mahanagar Gas shares felt most of the pain as the counter dived 6.45 per cent to hit a day low of Rs 1,231.

LPG price hike is a "sentimental" positive for OMCs, while the rise in excise duty will impact their margins, say analysts

Myanmar is considering an energy partnership with India to diversify its energy sources, currently reliant on China and Singapore. India can offer petroleum products and assist with renewables. Ongoing projects include natural gas supply by India's IGL consortium. India's swift aid after Myanmar's earthquake strengthened bilateral ties, with future offshore gas finds possibly benefiting India.

Indraprastha Gas Limited (IGL) to invest ₹2,066 crore in a 500 MWp solar power plant in Rajasthan.

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.

Indian stocks continue to rise, marking the sixth straight session of gains, driven by strong performances in banking and energy sectors, FII buying, and positive domestic macros. The BSE Sensex jumped over 900 points while Nifty50 surpassed 23,600, fueled further by falling U.S. Treasury yields and strong technical indicators.

The Petroleum and Natural Gas Regulatory Board has asked stakeholders to submit the details of the gas being consumed, tentative impact in terms of value, etc.

Shares of HPCL surged as much as 5.1%, while IGL and GAIL India stocks rallied over 2% as Brent crude prices dropped for the 3rd straight session.

Leading brokerages have recently shared their investment recommendations on several prominent Indian companies, highlighting significant upside potential across diverse sectors for the next 12 months.We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Brokerage Recommendations

Brokerage firms have maintained a positive outlook on select stocks, highlighting strong growth potential and attractive valuations for the next 12 months.We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Brokerage Recommendations

In January, mutual funds bought stocks worth Rs 575 billion in India's secondary market, with key additions in Axis Bank, HDFC Bank, and ICICI Bank. Major reductions were seen in Reliance Industries, ITC, and Bharat Electronics. Notable entries included Adani Wilmar in mid-cap and AXISCADES Technologies in small-cap. Mutual funds actively managed their portfolios, focusing on large, mid, and small-cap stocks.

Stocks including L&T, JSW Steel, Wipro, Bank of Baroda, Biocon, Torrent Power, PB Fintech, Kalyan Jewellers and more will be in the spotlight on Friday, January 31.

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' 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.

The GIFT Nifty was trading near 22,900 in early trade Tuesday. Coal India Ltd., Indraprastha Gas Ltd., Kaynes Technology India Ltd. share prices are likely to react because of their latest earning releases. The GIFT Nifty was trading 0.06% or 14 points higher at 22,934.50 as of 6:43 a.m.

Stocks including ICICI Bank, JSW Steel, YES Bank, InterGlobe Aviation, NTPC Green Energy, Mazagon Dock, NTPC & Religare Enterprises and more will be in the spotlight on Monday, January 27.

Buzzing stocks, stocks to watch: Religare Enterprises, Bajaj Finance, YES Bank, ICICI Bank, NTPC, Ceigall, TVS Motor, Happy Forgings, Adani Wilmar, DroneAcharya, LTIMindtree, Spencer’s Retail, Solex Energy, Max Estates, Suzlon, Torrent Power, Arvind SmartSpaces