Shutterstock.comShares of Indraprastha Gas Ltd. traded 0.57 per cent higher in Tuesday's session at 12:09PM (IST). The stock opened at Rs 470.9 and has touched an intraday high and low of Rs 474.85 and Rs 467.65, respectively, during the session so far.
The stock quoted a 52-week high of Rs 604.0 and a 52-week low of 390.4. About 55,462 shares changed hands on the counter so far.
Benchmark Nifty50 was up 43.4 points at 18168.80, while the BSE Sensex traded 52.78 points higher at 61019.83 at the time of writing of this report.
In the Nifty pack, 33 stocks traded the day in the green, while 17 were in the red.
Key Financials
For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 1410.32 crore, down 18.87 per cent from the previous quarter's Rs 1738.3 crore and down 110.75 per cent from the year-ago quarter. The company reported net profit of Rs 277.95 crore for the latest quarter.
Promoter Holdings
Promoters held 45.0 per cent stake in the company as of 30-Sep-2021, while FIIs held 21.88 per cent and MFs 9.63 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 530.68 on October 26, while the 50-DMA was at Rs 531.84. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.
The stock quoted a 52-week high of Rs 604.0 and a 52-week low of 390.4. About 55,462 shares changed hands on the counter so far.
Benchmark Nifty50 was up 43.4 points at 18168.80, while the BSE Sensex traded 52.78 points higher at 61019.83 at the time of writing of this report.
In the Nifty pack, 33 stocks traded the day in the green, while 17 were in the red.
Key Financials
For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 1410.32 crore, down 18.87 per cent from the previous quarter's Rs 1738.3 crore and down 110.75 per cent from the year-ago quarter. The company reported net profit of Rs 277.95 crore for the latest quarter.
Promoter Holdings
Promoters held 45.0 per cent stake in the company as of 30-Sep-2021, while FIIs held 21.88 per cent and MFs 9.63 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 530.68 on October 26, while the 50-DMA was at Rs 531.84. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.
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