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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 CET

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; rakesh.sharma@dowjones.com

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Financials ( INR)
Sales 2017 38 318 M
EBIT 2017 7 965 M
Net income 2017 5 834 M
Finance 2017 3 944 M
Yield 2017 1,06%
P/E ratio 2017 19,76
P/E ratio 2018 17,96
EV / Sales 2017 2,87x
EV / Sales 2018 2,56x
Capitalization 114 100 M
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Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 830  INR
Spread / Average Target 1,8%
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NameTitle
E. S. Ranganathan Managing Director & Executive Director
Mathilakath Ravindran Chairman
Rajesh Agrawal Chief Financial Officer
Sadashiv Shreenivasa Rao Independent Non-Executive Director
V. Ranganathan Independent Non-Executive Director
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