IGL Stock Price: IGL declines 5.88% as Sensex slides

Shares of Indraprastha Gas Ltd. traded at Rs 510.5 on BSE at 01:39PM (IST) on Monday, down 5.88 per cent from previous close.

The stock quoted a 52-week low price of Rs 364.3 and a high of Rs 594.85.

Earlier, shares of the company saw a gap down opening in the morning.

A total of 99,309 lakh shares changed hands on the counter till 01:39PM (IST).

The stock of Indraprastha Gas Ltd. commanded a market value of Rs 35770.04 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 32.87, while the price-to-book value ratio stood at 5.08. Return on equity (ROE) was at 23.31 per cent, according to exchange data.

In the BSE500 pack, 17 stocks traded in the green, while 483 stocks were in the red.

The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.0.

Promotor/FII Holding

Promoters held 45.0 per cent in Indraprastha Gas Ltd. as of 31-Dec-2020 while foreign portfolio investors and domestic institutional investors owned 23.22 per cent and 6.25 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 458.07 on April 12, while the 50-DMA was at 523.71. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

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