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Indraprastha Gas Ltd.
Share Price Target & Analysis

NSE:IGL

314.15

VWAP

316.05

Open

311.4

Close

318.5

High

310.1

Low

570.35

52 Week High

312.65 ⇧
1.25 (0.4%)

IGL

(OIL & GAS)
2.4% Momentum

Watch Carefully

306.1

52 Week Low

22.96

EPS

20.39

PE

2.56

PB

Standard
Quality

Bronze
Valuation

#Analysis

NSE: IGL Share Price Financial Analysis & Valuation

Indraprastha Gas Ltd. (IGL) is broadly categorized in OIL & GAS segment industry which deals in Oil Drilling And Exploration vertical. It is one of Large Cap company with Market Capitalization of Rs 27506.8 (in Cr). Total number of free float shares are 70 (in Lacs). Indraprastha Gas Ltd. is listed on NSE with Exchange ID - INE203G01027 and trading code is NSE:IGL with short name IGL.

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 312.65, this results in a dividend yield of 2.88 %.

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 22.96. NSE:IGL book value per share as of today is 122.17. The current price to book ratio for IGL as of Nov 23, 2024 is 2.56.

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 41.94% is very crucial parameter which shows that 41.94% investors are anticipating that the price of IGL share should go up with VWAP at 314.15.

Now, the main question is whether to BUY or SELL, NSE:IGL at current valuation.
As per latest Analysis No. #2469:-

⇑ 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 (Nov 23, 2024)

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

Indraprastha Gas Ltd. share price moved Up by 0.4% from its previous close of Rs 311.4. IGL stock last traded price is 312.65. IGL share price trend is Up with a total of 9640290 stocks traded till now. It has touched an intraday high of Rs 318.5 and an intraday low of Rs 310.1. The IGL trading at 312.65, Up by Rs. 1.25, or 0.4 percent which suggests that most of the Traders are anticipating that the price of IGL share should go Up.

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 Up by 0.4%. IGL share price short term trend is Up. It suggests that IGL Share Price for Tomorrow remains the same with VWAP at 314.15 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 Code

NSE: IGL

IGL Share Price Today

 312.65

IGL Share Price Target Prediction for 2024 ^

 320.9 - 465.5

IGL Share Price Target Prediction for 2025*^

 465.5 - 610.6

IGL Share Price Target Prediction for 2026*^

 610.6 - 653.3

IGL Share Price Target Prediction for 2027*^

 686

IGL Share Price Target Prediction for 2028*^

 706

IGL Share Price Target Prediction for 2030*^

 769
IGL Current Book Value 2023
121.6

*Indraprastha Gas Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^IGL share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

IGL Technical Analysis

Candlestick Pattern: @405.8

IGL Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 427.18 SELL 420.81 SELL
MA_12 424.43 SELL 429.33 SELL
MA_20 426.26 SELL 439.73 SELL
MA_32 472.06 SELL 459.56 SELL
MA_50 493.61 SELL 474.45 SELL
MA_100 514 SELL 487.74 SELL
MA_200 479.22 SELL 481.92 SELL

IGL Trend Oscillators

BUY (2) NEUTRAL (0) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 426.26 Downtrend
MACD 2.8 BUY
ADX 42.8 Strong Trend
DMI (+/-) 13.26 / 39.22 Downtrend

IGL Momentum Oscillators

BUY (2) NEUTRAL (1) SELL (9)
Momentum Oscillators Value Action
RSI 29.63 Oversold
STOCHASTIC_K (Fast) 2.61 Oversold
STOCHASTIC_D (Slow) 19.5 Oversold
CCI -106.54 SELL
PSAR 445.55 SELL
TRUE RANGE 18.25 BUY
ATR 14.45 BUY
WILLIAMS R -94.53 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 1.36 Oversold
MOMENTUM -112.75 SELL

IGL Last 1 Year Trend

Duration Value
1 Year 2.01%
3 Months -24.94%
1 Month -21.74%
1 Week -7.1%

IGL Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 13%
NEUTRAL / HOLD 3%
SELL 83%

Most popular Questions & Answers about IGL


Indraprastha Gas Ltd. stock last traded price is 312.65. IGL share price moved Up by 0.4% from its previous close of Rs 311.4.

Indraprastha Gas Ltd. share price trend is Up with a total of 9640290 stocks traded till now. It has touched an intraday high of Rs 576.0535 and an intraday low of Rs 310.1. The IGL trading at 312.65, Up by Rs. 1.25, or 0.4 percent which suggests that most of the Traders are anticipating that the price of IGL share should go Up and the Stop Loss will be around 314.15.

The market cap of Indraprastha Gas Ltd. is ₹27506.8 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Indraprastha Gas Ltd. as of Nov 22, 2024 is 20.39.

The current price to book ratio for Indraprastha Gas Ltd. as of Nov 22, 2024 is 2.56.

The highest price of Indraprastha Gas Ltd. stock is ₹570.35 in the last 52-week.

The lowest price of Indraprastha Gas Ltd. stock is ₹306.1 in the last 52-week.

Indraprastha Gas Ltd. share trading at ₹312.65, Up by Rs. 1.25, or 0.4 percent which suggests that most of the traders are anticipating that the price of IGL share should go Up.

In 2023, Stock price target for Indraprastha Gas Ltd. (IGL) are ₹320.9 on downside and ₹465.5 on upside. Indraprastha Gas Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Indraprastha Gas Ltd. (IGL) are ₹465.5 on downside and ₹610.6 on upside. Indraprastha Gas Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Indraprastha Gas Ltd. (IGL) are ₹610.6 on downside and ₹653.3 on upside. Indraprastha Gas Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Indraprastha Gas Ltd. (IGL) will be around ₹706 Indraprastha Gas Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of IGL.

The price of Indraprastha Gas Ltd. (IGL) shares moved by 0.4%. The short-term trend for IGL share price is Up. It implies that the share price of IGL will stay the same tomorrow and that intraday traders should treat VWAP at 314.15 as a stop loss. Investors with a long-term outlook can track IGL long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of IGL stock is 275.3. Compared to the current market price of 312.65 INR, the IGL stock is Overvalued by 11.9%.

As per the fundamental analysis of Indraprastha Gas Ltd. (IGL), it is of Standard quality in terms of earnings and profit margins with an EPS of 22.96. Indraprastha Gas Ltd. book value per share as of today is 122.17. The current price to book ratio for IGL as of Nov 23, 2024 is 2.56.


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

Company Price EPS BV
ONGC 245.45 32.06 243.22
GAIL 192.80 15.84 97.61
GUJGASLTD 461.65 18.4 111.7
ASIANENE 323.00 9.8 62.67
PETRONET 323.60 26.12 113.09
IGL 312.65 22.96 122.17
OIL 507.15 42.51 271.25
GSPL 332.10 19.93 182.03
HINDOILEXP 187.32 2.75 76.63
JINDRILL 742.80 35.1 406.14
Updated at: 22 Nov 2024 15:31

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