Company: Indraprastha Gas Ltd


The Delhi Cabinet aims to introduce 1,000 electric buses by Jun’20. This is in addition to CNG buses (500 low-floor and 500 normal).
March 12, 2019, 11:14 a.m.
Publisher: motilaloswal.com

Indraprastha Gas (IGL) reported 3QFY19 earnings of Rs1,980mn, up 5.7% QoQ and 19.3% YoY. Earnings growth was driven by: 1) Increase in CNG sales volume from 358mmscm in 3QFY18 to 405mmscm in 3QFY19, flat QoQ and up 13% YoY.
Feb. 7, 2019, 11:30 a.m.
Publisher: nirmalbang.com

IGL expects double-digit volume growth to continue in Q4 & FY20, says Managing Director ES Ranganathan.
Feb. 7, 2019, midnight
Publisher: youtube.com

The average daily sales went up from 5.26 million standard cubic metres per day to 5.91 mmscmd
Feb. 6, 2019, 6:55 p.m.


We maintain our FY19/20E earnings. IGL remains a play on rising pollution concerns. Expanding geographical reach coupled with increased cars/taxis conversion and new bus addition in Delhi will drive earnings.
Feb. 6, 2019, 11:32 a.m.
Publisher: plindia.com

Niraj Shah and Kannan Singaravelu share technical insights on which direction the stock of IGL may move next.
Feb. 6, 2019, 10:55 a.m.

Net Sales are expected to increase by 23 percent Y-o-Y (up 2 percent Q-o-Q) to Rs. 1,455.2 crore, according to Kotak.
Jan. 9, 2019, 7:06 p.m.
Publisher: moneycontrol.com

In the second quarter the company reported steady volume growth of 12.9% on a y-o-y basis to 5.89 mmscmd supported by a healthy rate of vehicle conversions to CNG (at 4,000 4Ws per month).
Jan. 1, 2019, 11:21 a.m.
Publisher: ashikagroup.com

We recently met Indraprastha Gas’ (IGL) management to get an update on the company’s business trajectory.
Dec. 17, 2018, 11:37 a.m.
Publisher: motilaloswal.com

The government intends to increase natural gas share in the country’s energy mix from current 6.5% to 15% by FY30E (world average is 24%).
Dec. 12, 2018, 10:57 a.m.