Indraprastha Gas Limited's share price gained over 2 percent on Tuesday as the board of the company is set to meet today to consider the proposal for the issue of bonus shares to the shareholders of the company.IGL scrip touched an intraday high of Rs 394.3 per share on the NSE, rising 2.27 percent from its previous close. The counter has been rising for the last four days and has risen 8.05 in th...

IGL share price jumped nearly 4 percent in the December 5 trade after the city gas distributor announced that the board will consider the proposal for a bonus share issue on December 10."This is to inform you that a meeting of the Board of Directors is scheduled to be held on December 10, 2024, inter-alia to consider the proposal for the issue of Bonus Shares to the equity shareholders of the Comp...

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, and fund-raising, here’s a quick look at which stocks will be in focus in today's trade:Results TodayGodavari Biorefineries, Waaree Energies, Valecha Engineering, and Samyak International will release quarterly earnings on November 18.Quarterly EarningsHero MotoCorp Q2 (Stand...

“Rapidly changing industries are the enemy of the investor.” Mohnish PabraiIt continues to be a mixed picture for the chemicals sector. There are signs of pricing pressure easing, but volumes need to pick up as well. Till a couple of months back, most analysts were at best sounding neutral on the sector. The tone is now gradually turning positive.Centrum analysts Rohit Nagraj and Kunal Pai are...

Morgan Stanley has issued an overweight rating for Indraprastha Gas Limited (IGL) with a target price of Rs 575 per share. This recommendation comes in light of global gas outages and a decrease in APM (Administered Price Mechanism) gas allocation, prompting IGL to increase Compressed Natural Gas (CNG) prices.The city gas distributor recently announced an increase in CNG prices by Rs 1 per kilogra...