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IGL Share Price Up 1.44% as Sensex Climbs

Shares of Indraprastha Gas Ltd were up 2.32%.

Shares of Indraprastha Gas Ltd were up 2.32% at Rs 424.8 on the NSE at 10:10 am on Monday. The stock gapped intraday earlier in the day.


According to BSE data, as of 10:10 am, the total OTC volume was 19,463 shares with a turnover of Rs 0.83 crore. The stock has a price-to-earnings (P/E) ratio of 17.47 and a price-to-book ratio of 3.44.


According to exchange data, the return on equity (ROE) was 19.8%. The stock hit an intraday high of Rs 428.5 and a low of Rs 421.8 and set a 52-week high of Rs 604 and a 52-week low of Rs 322.1. The stock’s beta value, which measures its volatility relative to the broader market, is 1.0.


On September 12, the stock had a 200-day SMA (daily moving average) of Rs 398.3 and a 50-day SMA of Rs 386.41. If a stock trades above the 50-day and 200-day moving averages, it usually means the current trend is up. On the other hand, if the stock is trading below the 50-day SMA and the 200-day SMA, it is considered a bearish trend. If it trades between the 50-DMA and 200-DMA, it shows that the stock can go either way.


The Relative Strength Index (RSI) was 62.85. RSI fluctuates between 0 and 100. Traditionally, stocks are considered overbought when the RSI value is above 70 and oversold when the RSI value is below 30.


As of June 30, 2022, the promoters held 45.0% of the shares, foreign institutional investors held 20.34%, and domestic institutional investors held 16.79%.

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