NO efect of price high
Posted by :
gujubhaiPrice hike is to be absorbed partly by IGL and MGL as per the govt. This stock will fall soon....
NO efect of price high
Posted by :
tallyIGL has shot up by almost 2% on good volumes. Increase in gas prices will be fully passed on consumers. Demand for CNG/PNG is increasing due to private vehicle conversion to CNG. In case IGL is able to increase the availability of PNG demand will shot up. Stay invested....
NSE Announcements on IndraprasthaGas
Posted by :
MMB MessengerIndraprastha Gas Limited has informed the Exchange that "Prof. V. Ranganathan has been co-opted as an Additional Director on the Board of our Company w.e.f. November 01, 2009"....
BSE Announcements on IndraprasthaGas
Posted by :
MMB MessengerIndraprastha Gas Ltd has informed BSE that Prof. V. Ranganathan has been co-opted as an Additional Director on the Board of the Company w.e.f. November 01, 2009....
NO efect of price high
Posted by :
KRPKi think price hike of gas will be passed on to customers.it is a very strong co. dont afraid....
gas price hike
Posted by :
jsangoiwill igl be able to pass on the gas price hike done by ongc and oil india....
Natural Gas Price
Posted by :
tallyThere is likely excess supply of natural gas in world over thereby exerting pressure on the. prices of natural gas. This can have a positive impact on fortune of IGL as more people are likely to change over to CNG run vehicles. Gas supply will also increase at much lower price....
Marginal Increase in CNG Price
Posted by :
tallyIGL has effected marginal increase of 20 paisa per kg of CNG to Rs 21.20/ KG with immediate effect in Delhi....
1 billion dollar co in 5 years
Posted by :
jsangoiin his interview mr vedvyas told that he is aiming 1 billion dollar co in 5years...
laggard
Posted by :
tally
IGL has shown excellent results for Qtr ending Sept/09. Sales growth of 26% & NP growth of 13% has been recorded.
Capex for next three years is planned at Rs 1600 cr. Compare this with total capex of some Rs 800 cr in past 10 years by IGL.
IGL profit margins are slightly lower compared with earlier qtrs but if compared with Gujrat Gas NP margins at 20% are much higher. In any case the margins are likely to be compensated by volume and sales growth. Gujrat Gas trades at PE of 17.5% on trailing 12 months whereas IGL trades at PE of 12. It has very good scope for touching Rs 200 valuation in near future. IGL has also tied up future gas requirements with GAIL, BPCL & RIL. I will call it steady growth story for many years....
BSE Announcements on IndraprasthaGas
Posted by :
MMB MessengerIndraprastha Gas Ltd has informed BSE about the financial results for the Quarter ended September 30, 2009. ...
Earning estimates for IGL given out by ET of date project total sales at Rs 262 cr and NP at Rs 56 cr....



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