IGL shares gain 2.22% as Sensex falls

IGL shares gain 2.22% as Sensex falls
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Synopsis

A total of 33,060 shares changed hands on the counter till 10:05AM (IST)

Agencies
Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
Shares of the Indraprastha Gas Ltd. traded at Rs 484.9 on BSE at 10:05AM (IST) on Tuesday, up 2.22 per cent. The stock quoted a 52-week low price of Rs 437.5 and a high of Rs 604.0.

Earlier in the day, the stock saw a gap up opening.

At the prevailing price, the stock traded at 23.35 times its trailing 12-month EPS of Rs 20.76 per share and 5.64 times its book value, as per BSE data.

A total of 33,060 shares changed hands on the counter till 10:05AM (IST). The stock commands a market value of Rs 33946.54 crore and is part of the Gas Distribution industry.

The scrip has been an underperformer , up 7.84 per cent in the past one year in comparison with a 34.37 per cent gain in Sensex.

During the day, the stock moved between Rs 485.9 and Rs 473.5.

Promoter/FII Holding
Promoters held 45.0 per cent in the company as of 30-Sep-2021. FII and MF ownership in Indraprastha Gas Ltd. stood at 21.88 per cent and 9.63 per cent, respectively.

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