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4-Traders Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Indraprastha Gas Limited    IGL   INE203G01019

INDRAPRASTHA GAS LIMITED (IGL)
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OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

India Court To Hear Indraprastha's Plea Against Tariff Cut Order On May 22

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05/08/2012 | 02:47pm CEST

An India court Tuesday set May 22 as the next date for hearing a plea from Indraprastha Gas Ltd. (532514.BY) against the upstream regulator's tariff cut order, a company spokesman said.

The Petroleum & Natural Gas Regulatory Board on April 9 directed Indraprastha to cut the sales price of natural gas and refund the excess price charged from consumers in the last three years.

The New Delhi-based company sells natural gas to automobiles, households and industrial users in and around the capital city.

Indraprastha Gas is a joint venture of GAIL (India) Ltd. (532155.BY), Bharat Petroleum Corp. (500547.BY) and the state government of New Delhi.

- By Rakesh Sharma, Dow Jones Newswires; +91-11-4356-3334; [email protected]

Stocks mentioned in the article
ChangeLast1st jan.
BHARAT PETROLEUM CORPORATION -0.46% 424.05 End-of-day quote.-18.06%
GAIL INDIA LTD 0.35% 340.25 End-of-day quote.-9.26%
INDRAPRASTHA GAS LIMITED 0.00%-End-of-day quote.76.80%
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Financials ( INR)
Sales 2019 53 321 M
EBIT 2019 10 254 M
Net income 2019 8 254 M
Finance 2019 13 723 M
Yield 2019 1,02%
P/E ratio 2019 21,13
P/E ratio 2020 18,45
EV / Sales 2019 3,10x
EV / Sales 2020 2,62x
Capitalization 179 B
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 324  INR
Spread / Average Target 27%
EPS Revisions
Managers
NameTitle
E. S. Ranganathan Managing Director & Executive Director
Ramesh Srinivasan Chairman
Rajesh Agrawal Chief Financial Officer
Manjeet Singh Vice President-Project Engineering Services
Sadashiv Shreenivasa Rao Independent Non-Executive Director
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