INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a buy call on Indraprastha Gas Ltd
with a target price of Rs 300
The current market price of Indraprastha Gas Ltd
is Rs 285.35 Time period given by the analyst is Intra Day when Indraprastha Gas Ltd
price can reach the defined target
Kunal Bothra recommended to keep stoploss at Rs 275 Indraprastha Gas Ltd., incorporated in 1998, is a largecap company with a market cap of
Rs 19974.52 crore.
Indraprastha Gas Ltd
key Products/Revenue Segments include Gas Natural which contributed Rs 5052.53 Crore to Sales Value (99.62 % of Total Sales) and Other
Operating Revenue which contributed Rs 19.04 Crore to Sales Value (0.37 % of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 30-09-2018, the company has reported a Standalone sales of Rs 1421.50 Crore, up 10.42 % from last quarter Sales of Rs
1287.40 Crore and up 26.23 % from last year same quarter Sales of Rs 1126.09 Crore Company has reported net profit after tax of Rs 187.28
The company’s top management includes Dr.Sudha Sharma, Mr.Arun Kumar Singh, Mr.E S Ranganathan, Mr.Raghu Nayyar, Mr.Rajiv Sikka,
Mr.Satyabrata Bairagi, Mrs.Varsha Joshi
Company has Walker Chandiok Co
LLP as its auditoRs As on 31-12-2018, the company has a total of 700,000,800 shares outstanding
