Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Stocks in news: Bharti Airtel, Vodafone Idea, NLC India, Motilal Oswal, HCL Tech
Indian markets saw a sharp decline on Monday amid global worries and geopolitical tensions. Nifty moved closer to a key support level. Several companies were in focus. NLC India announced an Offer for Sale. Motilal Oswal saw promoter share sales. HCL Tech launched an AI zone with Google Cloud. IRCTC resumed cooking on trains. IGL has a new MD.
Kumar Shanker takes charge as IGL MD
Kumar Shanker is the new managing director of Indraprastha Gas. He takes over from Kamal Kishore Chatiwal. Shanker is a chemical engineer with over three decades of experience at GAIL. Previously, he led Maharashtra Natural Gas Ltd. IGL is a joint venture between GAIL and BPCL. The Delhi government also holds a stake in IGL.
Stocks To Watch Today: TVS Motor, Nesco, IGL, HCLTech, Trent, Ixigo
Stocks In News On Monday.
Indraprastha Gas Ltd rises for third straight session
Indraprastha Gas Ltd is quoting at Rs 164.91, up 1.76% on the day as on 12:49 IST on the NSE. The stock is down 21.7% in last one year as compared to a 6.52% jump in NIFTY and a 12.34% jump in the Nifty Energy index.
Indraprastha Gas share price jumps 6% on CNG price hike
Indraprastha Gas shares rose nearly 6% on May 26 after a CNG price hike of ₹2/kg in Delhi. This marks the fourth increase in two weeks, with prices now at ₹83.09/kg. Other regions also saw adjustments amid rising global energy costs.
Indraprastha Gas Ltd up for third straight session
Indraprastha Gas Ltd is quoting at Rs 160.75, up 3.37% on the day as on 12:49 IST on the NSE. The stock is down 22.12% in last one year as compared to a 4.24% jump in NIFTY and a 12.95% jump in the Nifty Energy index.
CNG To Get Costlier In New Delhi As IGL Announces Rs 1 Price Hike
Over the past week or so, fuel and CNG prices have been hiked in tandem by India's oil marketing companies and city gas distributors.
Indraprastha Gas Shares In Focus As Systematix Revises Target Price After Q4 Results — Check Upside
The brokerage believes strong new CNG vehicle addition run-rate along with series of price hike may lead to a strong 24%/25% Ebitda/PAT compound annual growth rate over FY26-FY28E.
Q4 Results LIVE Updates: IOC, Astral, Afcons react to earnings; BPCL, BEL report today
Q4 Results LIVE Updates: BPCL, Zydus Life, BEL, BLS International, Dhanuka Agri, Dredging Corp, Eureka Forbes, Hatsun Agro, Healthcare Global, J Kumar Infra, PI Industries, PNC Infratech, Prince Pipes, Safari Industries, RITES, Trident, Zee Entertainment, Shaily Engineering are among the other important numbers to track today along with result reactions from IOC, IGL, Afcons, Astral and many others. Stay tuned for all the live result reactions right here.
Stocks to Watch for May 19: Adani Group, IGL, IOC, BPCL and more
From Eicher Motors getting an approval from Government of Andhra Pradesh for a 215.7-acre land parcel at Tada to GNFC reporting an 87.7% year-on-year rise in consolidated net profit for the fourth quarter, here are some stocks to track ahead of Tuesday's trading session.
Indraprastha Gas Q4 net, margins fall short of estimates; declares ₹1.50 dividend
India's largest city gas distributor reported a net profit of ₹277.1 crore for the fourth quarter, compared with the CNBC-TV18 poll estimate of ₹321 crore; revenue and EBITDA topped the projection, Shares of Indraprastha Gas Limited ended at ₹152, down by ₹0.15, or 0.099%, on the BSE, today, May 18.
IGL Q4 Results: Cons PAT falls 25% YoY to Rs 341 crore, revenue up 6%
Indraprastha Gas Limited (IGL) reported a Q4FY26 net profit fall of 25% YoY to Rs 341 crore, driven by an 8% growth in expenses. Despite the profit dip, revenue increased 6% to Rs 4,585 crore. The company board also recommended a final dividend of 75% for the financial year 2025-26.