IGL shares decline 1.38% as Sensex climbs

IGL shares decline 1.38% as Sensex climbs
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A total of 67,606 shares changed hands on the counter till 02:10PM (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 . traded at Rs 432.0 on BSE at 02:10PM (IST) on Wednesday, down 1.38 per cent from previous close.

The scrip quoted a 52-week low price of Rs 322.1 and a high of Rs 604.0.

Earlier, the stock saw a gap down opening in the morning.

A total of 67,606 lakh shares changed hands on the counter till 02:10PM (IST).

The stock of Indraprastha Gas Ltd. commands a market value of Rs 30194.53 crore.

The stock traded at a price-to-earning (P/E) multiple of 17.7, while the price-to-book value ratio stood at 3.44. Return on equity (ROE) was at 19.8 per cent, according to exchange data.

In the BSE500 pack, 311 stocks traded in the green, while 190 stocks were in the red.

Promotor Holding
Promoters held 45.0 per cent in the Indraprastha Gas Ltd. as of 30-Jun-2022 while foreign portfolio investors and domestic institutional investors owned 20.34 per cent and 16.79 per cent, respectively.
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