Page 4 - Indraprastha Gas

Riding on high growth: Key gainers from the Budget 2021 proposals

A focus on localisation and increase of duties in select sectors are also expected to boost manufacturing across sectors.

Trading calls by Ajit Mishra of Religare Broking: Buy Cipla, Eicher Motors

Eicher Motors' stock has been witnessing profit taking for the last one month, and is likely to see a gradual recovery from hereon

Indraprastha Gas may hike prices marginally to make up for rise in cost

The Petroleum and Natural Gas Regulatory Board recently notified access codes for new city gas distributors, a move that is expected to simplify tariffs and attract investment in the sector

Unified tariff to raise input cost 5-6% but no huge impact on consumer: IGL

Hike in retail price will be marginal as transportation tariff for national pipelines makes up only an eighth of the final consumer price

IGL, Gail, MGL: Trading strategies for CGD stocks post new gas tariff order

Indraprastha Gas stock is seeing a strong resistance at 490 levels on weekly charts. If it manages to breach this level decisively, then the upside may see a rally towards Rs 525 and Rs 555 levels

Gas distribution stocks rally after PNGRB simplifies gas pipeline tariff

Gujarat Gas soared 19%, Indraprastha Gas hit 10% upper circuit, while Mahangar Gas, Adani Gas and GSPL were up between 9% and 18% on the BSE

Nifty outlook & trading ideas by Gaurav Garg of CapitalVia Global Research

As per weekly option data, handful of put writing on lower strikes ranging from 11,600 to 11,800 is witnessed which shows Nifty would face firm support in the sub11,800 zone

Relief for consumer as Indrapastha Gas reduces CNG and PNG prices

Price cut implemented across NCR and other northern markets

Two pharma stocks that Ajit Mishra of Religare Broking is bullish on

All indicators point to a gradual rise in Aurobindo Pharma's stock from the 100 EMA support

Recovery in CNG volumes can fire up prospects of Indraprastha Gas

Lower gas prices in second half will boost per unit margin

IGL slips 2% post 86% decline in Q1 profit; ICICI Securities retains "SELL"

Revenue from operations came in at Rs 692.53 crore, down 60 per cent against Rs 1,744.07 crore in the June 2019 quarter.

MARKET WRAP: Sensex gains 230 pts, ends above 39K level; auto stocks rally

All that happened in the markets today

Trading ideas by Religare Broking: Buy IGL, Torrent Pharmaceuticals

IGL has tested the major support zone of the long-term moving average (200 EMA) on the daily chart of late

City gas distribution companies under pressure; MGL, IGL decline up to 5%

PNGRB has said the regulation for allowing competition in CGD areas will be notified in the next one to one and a half months.

Gas distribution companies' shares rally; Indraprastha Gas surges 10%

The new price for domestic natural gas is the lowest in six years since the Narendra Modi government introduced the new pricing formula in November 2014

War on Covid-19: IGL follows lockdown rule book, pares CNG supply in NCR

Just over a third of the 150 stations run by the company will be operational during lock down toll March 31

Top 10 biz headlines: Covid-19 fears, slow hiring at IT firms, and more

Business Standard brings to you top ten business headlines for the day.

Indraprastha Gas looks to expand its physical reach to other cities

During the last financial year, IGL provided 210,000 new PNG connections, taking the total to 1.1 million households

IGL looks beyond NCR to give a boost to revenue, bags six other areas

According to E S Ranganathan, MD of IGL, it is the price of gas and not the end of exclusivity that is the challenge.

Higher volumes, margins to fuel growth for gas-distribution firms

The Street's confidence on city gas distributors (CGD) remains high, considering the firm demand for gas, rising volumes, and future growth potential