NSE: IGL Share Price Financial Analysis & Valuation

Indraprastha Gas Ltd. is a Good Quality Stock as it is listed in as TOP 50 Quality Picks by NSE. IGL is having very good return on equity (ROE), financial leverage (Debt/Equity Ratio) and earning (EPS) growth variability analysed during the previous 5 years.

Indraprastha Gas Ltd. is good enough to Outperformed the market. IGL gives better return on an investment after adjusting for market-related volatility and random fluctuations as compared to market.

Indraprastha Gas Ltd. is also traded in Future & Options (Derivative segment of NSE).

In the past 1 year, Indraprastha Gas Ltd. has declared an equity dividend of Rs 9 per share. At the current share price of IGL at Rs 440.25, this results in a dividend yield of 2.04 %.

As per the Fundamental Analysis of NSE:IGL, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine IGL underlying value and future prospects. All of this data is available in IGL financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:IGL, it is clearly understood that IGL is Standard performer in terms of earnings and profit margins with an EPS of 24.97. NSE:IGL book value per share as of today is 122.17. The current price to book ratio for IGL as of May 15, 2024 is 3.6.

Valuation of the Stock: The current valuation of IGL stock is like Bronze which means currently the stock is Reasonably Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of IGL whether to BUY this stock at current valuation. The delivery percentage of IGL is 42.50% is very crucial parameter which shows that 42.50% investors are anticipating that the price of IGL share should go up with VWAP at 442.16.

Now, the main question is whether to BUY or SELL, NSE:IGL at current valuation.
As per latest Analysis No. #2107:-

⇑ STRONG BUY IGL if All Greens

⇗ BUY IGL (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD IGL (With Stop Loss) if only 1 Green

⇘ SELL IGL if NO Green Indicator

NSE: IGL Share Price Today (May 15, 2024)

(Indraprastha Gas Ltd. Daily Analysis on the basis of IGL Intraday Graph & Trend)

Indraprastha Gas Ltd. share price moved Down by -0.96% from its previous close of Rs 444.5. IGL stock last traded price is 440.25. IGL share price trend is Down with a total of 1619959 stocks traded till now. It has touched an intraday high of Rs 448.20 and an intraday low of Rs 438.60. The IGL trading at 440.25, Down by Rs. -4.25, or -0.96 percent which suggests that most of the Traders are anticipating that the price of IGL share should go Down.

NSE: IGL Share Price Tomorrow Prediction

(Indraprastha Gas Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of IGL)

Indraprastha Gas Ltd. share price moved Down by -0.96%. IGL share price short term trend is Down. It suggests that IGL Share Price for Tomorrow remains the same with VWAP at 442.16 will be treated as stop loss for intraday traders. Indraprastha Gas Ltd. Long term investors can follow the IGL long term trend as mentiond in future forecast table.

NSE:IGL News & Other Useful Information about IGL Share Price

Peer Comparison of NSE: IGL

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Oil Drilling And Exploration