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

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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]

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Financials ( INR)
Sales 2018 43 024 M
EBIT 2018 8 012 M
Net income 2018 6 942 M
Finance 2018 12 535 M
Yield 2018 0,91%
P/E ratio 2018 22,05
P/E ratio 2019 19,82
EV / Sales 2018 3,21x
EV / Sales 2019 2,70x
Capitalization 150 808 M
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Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 1 055  INR
Spread / Average Target -2,0%
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NameTitle
E. S. Ranganathan Managing Director & Executive Director
S. Ramesh Chairman
Rajesh Agrawal Chief Financial Officer
Sadashiv Shreenivasa Rao Independent Non-Executive Director
V. Ranganathan Independent Non-Executive Director
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