Vishal Malkan, CMT at www.malkansview.com told CNBC-TV18, "Indraprastha Gas (IGL) has been into a complete sideways range since last few months and I do not see any big setup in this. At the same time there is no harm in holding on. If one hold it for six months he/she may see Rs 300 plus on the stock.”
On August 29, 2013 Indraprastha Gas closed at Rs 254.65, down Rs 4.90, or 1.89 percent. The share touched its 52-week high Rs 328.50 and 52-week low Rs 236.00 on 09 May, 2013 and 28 August, 2013, respectively.
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