INDRAPRASTHA GAS Surges by 5%; BSE OIL & GAS Index Down 0.2%
February 5, 2019 03:26 PM

INDRAPRASTHA GAS share price has zoomed 5% and is presently trading at Rs 311.

Meanwhile, the BSE OIL & GAS Index is at 13,772 (down 0.2%).

Among the top Gainers in the BSE OIL & GAS Index today is INDRAPRASTHA GAS (up 5.2%).

RELIANCE IND. (down 0.1%) and BPCL (down 0.5%) are among the top losers today.

Over the last one year, INDRAPRASTHA GAS has moved up from Rs 297 to Rs 311, registering a gain of Rs 14 (up 4.2%).

On the other hand, the BSE OIL & GAS has moved down from 15,671 to 13,772, loss of 1,899 points (down 12.8%) during the last 12 months.

The top gainers among the BSE OIL & GAS Index stocks during this same period were RELIANCE IND. (up 42.6%) and INDRAPRASTHA GAS (up 4.2%).

What About the Benchmark Indices?

The BSE Sensex is at 36,728 (up 0.1%).

The top gainers among the BSE Sensex stocks today are HERO MOTOCORP (up 2.7%), BAJAJ AUTO (up 2.5%) and INDUSIND BANK (up 2.2%). Other gainers include MARUTI SUZUKI (up 1.7%) and M&M (up 1.4%). The most traded stocks in the BSE Sensex are VEDANTA LTD and BHARTI AIRTEL.

In the meantime, NSE Nifty is at 10,957 (up 0.2%). ZEE ENTERTAINMENT (up 4.9%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,757 to 36,728, registering a gain of 1,971 points (up 5.4%).

INDRAPRASTHA GAS Financial Update...

INDRAPRASTHA GAS net profit stood at Rs 2 billion for the quarter ended September 2018, compared to a profit of Rs 2 billion a year ago. Net Sales rose 19.9% to Rs 15.7 billion during the period as against Rs 13.1 billion in July-September 2017.

For the year ended March 2018, INDRAPRASTHA GAS reported 19.5% increase in net profit to Rs 6.5 billion compared to net profit of Rs 5.4 billion during FY17.

Revenue of the company grew 20.1% to Rs 51 billion during FY18.

The current Price to earnings ratio of INDRAPRASTHA GAS, based on rolling 12 month earnings, stands at 30.7x.