INDRAPRASTHA GAS at All Time High; BSE OIL & GAS Index Down 2.6%
June 6, 2019 01:48 PM

INDRAPRASTHA GAS share price has hit an all-time high at Rs 350 (up 1.5%).

Meanwhile, the BSE OIL & GAS Index is at 15,694 (down 2.6%).

Among the top gainers in the BSE OIL & GAS Index today is INDRAPRASTHA GAS (up 1.5%).

OIL INDIA (down 0.9%) and ONGC (down 1.0%) are among the top losers today.

Over the last one year, INDRAPRASTHA GAS has moved up from Rs 268 to Rs 350, registering a gain of Rs 82 (up 30.5%).

The BSE OIL & GAS has moved up from 14,336 to 15,694, registering a gain of 1,358 points (up 6.9%) during the last 12 months.

The top gainers among the BSE OIL & GAS Index stocks during this same period were RELIANCE IND. (up 41.7%), INDRAPRASTHA GAS (up 30.5%) and PETRONET LNG (up 10.9%).

What About the Benchmark Indices?

The BSE Sensex is at 40,159 (down 1.2%). The top gainers among the BSE Sensex stocks today are HCL TECHNOLOGIES (up 1.6%), ASIAN PAINTS (up 1.5%) and POWER GRID (up 1.5%). Other gainers include HUL (up 1.3%) and INFOSYS (up 1.1%). The most traded stocks in the BSE Sensex are POWER GRID and COAL INDIA.

In the meantime, NSE Nifty is at 12,040 (down 1.2%). The top gainers in the NSE Nifty include ASIAN PAINTS (up 1.6%), POWER GRID (up 1.5%) and TITAN (up 1.5%). Other gainers include HUL (up 1.3%) and HCL TECHNOLOGIES (up 1.3%).

Over the last 12 months, the BSE Sensex has moved up from 35,012 to 40,159, registering a gain of 5,147 points (up 13.1%).

INDRAPRASTHA GAS Financial Update...

INDRAPRASTHA GAS net profit stood at Rs 2 billion for the quarter ended March 2019, compared to a profit of Rs 2 billion a year ago. Net Sales rose 2.2% to Rs 17.0 billion during the period as against Rs 16.6 billion in January-March 2018.

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 31.1x.