The stock extended gains and touched a high of Rs 167 - up 5.5% from the previous close. It paired gains and finally ended at Rs 161 - up 1.5%. Over 463,100 shares were traded on the BSE so far.
_______________________________________________ (Updated at 1041 hrs)
Indraprastha Gas has advanced 2% after the company has acquired gas supply from the Krishna-Godavari (KG) gas basin.
The stock opened at Rs 159 and zoomed to a high of Rs 165. The scrip is now trading at Rs 162, up 2% from the previous close. Around 116,905 shares have been traded on the BSE so far and the stock has surged 16% in a month.
Indraprastha Gas, the sole supplier of compressed natural gas and piped natural gas in the National Capital Territory of Delhi is getting supply of natural gas from the KG basin field. IGL is the first city gas distribution company in the country to draw a gas supply from the KG basin.
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