As of January 31, 2025, here is the latest information regarding Indraprastha Gas Limited (IGL) share price and related updates:
Current Share Price
- Current Price: ₹197.45
- Price Change: -50.09% (indicating a significant decline)
- Day’s Low: ₹195.3
- Day’s High: ₹199.9
- Previous Close: ₹395.65
Recent Price Movements
- Latest Price (as of 10 AM IST): ₹196.75
- Price History:
- 10:30 AM: ₹196.4
- 10:18 AM: ₹197.3
- 10:08 AM: ₹198.1
- 09:56 AM: ₹199.35
Market Performance
- Market Capitalization: Approximately ₹138,215 crore.
- Average Volume: 58,198 shares traded today.
- EPS (Earnings Per Share): ₹24.24
- P/E Ratio: 8.15
Bonus Share Announcement
- IGL shares began trading ex-bonus on January 31, 2025, following the announcement of a 1:1 bonus share issue.
Future Price Targets
- Analysts project the following price targets for IGL:
- February 2025 Target: ₹353.42
- March 2025 Target: ₹362.43
- End of Year Target (December 2025): Potentially reaching ₹455.84 with favorable market conditions.
Conclusion
Indraprastha Gas Limited is currently experiencing a notable decline in its share price, attributed to various market factors and recent trading activity. The announcement of bonus shares may provide some support for the stock in the near term. Investors should monitor the market closely for further developments and consider analyst projections for future price movements.
