Page 2 - Indraprastha Gas

Gail India, Indraprastha Gas have given a fresh breakout, says Ajit Mishra

The Religare Broking analyst also recommends buying Apollo Tyres

IGL reports eight-fold rise in consolidated Q1 profit to Rs 277.95 crore

Consolidated total income during the period under review nearly doubled to Rs 1,410.32 crore from Rs 723.16 crore in the same period a year ago

No decision on stake sale in Petronet, Indraprastha Gas yet: BPCL

BPCL said no decision has yet been taken to sell its stake in Petronet LNG and Indraprastha Gas to help the company's owner avoid making an open offer for the two gas companies

Stock ideas by Ajit Mishra of Religare Broking: Buy Info Edge, Sun Pharma

IGL has witnessed a breakout from the consolidation range of Rs 500-545 levels after spending nearly four months there

IGL reports 29% YoY surge in consolidated Q4 profit at Rs 375 crore

Board recommends 180% dividend, or Rs 3.6 per share

Shipping Corporation, BPCL, NFL: Trading strategies for news-driven stocks

With a strong gap-up on March 2, 2021, BPCL stock is near the resistance range of Rs 481 to Rs 483 levels

Cheaper natural gas pushes IGL's Q3 consolidated net up 28% to Rs 382 cr

Total income declines 13.5% YoY to Rs 1,621 cr; firm says it is meeting fuel needs of over 1.2 mn CNG vehicles in NCR through a network of 560 CNG stations

Riding on high growth: Key gainers from the Budget 2021 proposals

A focus on localisation and increase of duties in select sectors are also expected to boost manufacturing across sectors.

Trading calls by Ajit Mishra of Religare Broking: Buy Cipla, Eicher Motors

Eicher Motors' stock has been witnessing profit taking for the last one month, and is likely to see a gradual recovery from hereon

Indraprastha Gas may hike prices marginally to make up for rise in cost

The Petroleum and Natural Gas Regulatory Board recently notified access codes for new city gas distributors, a move that is expected to simplify tariffs and attract investment in the sector

Unified tariff to raise input cost 5-6% but no huge impact on consumer: IGL

Hike in retail price will be marginal as transportation tariff for national pipelines makes up only an eighth of the final consumer price

IGL, Gail, MGL: Trading strategies for CGD stocks post new gas tariff order

Indraprastha Gas stock is seeing a strong resistance at 490 levels on weekly charts. If it manages to breach this level decisively, then the upside may see a rally towards Rs 525 and Rs 555 levels

Gas distribution stocks rally after PNGRB simplifies gas pipeline tariff

Gujarat Gas soared 19%, Indraprastha Gas hit 10% upper circuit, while Mahangar Gas, Adani Gas and GSPL were up between 9% and 18% on the BSE

Nifty outlook & trading ideas by Gaurav Garg of CapitalVia Global Research

As per weekly option data, handful of put writing on lower strikes ranging from 11,600 to 11,800 is witnessed which shows Nifty would face firm support in the sub11,800 zone

Relief for consumer as Indrapastha Gas reduces CNG and PNG prices

Price cut implemented across NCR and other northern markets

Two pharma stocks that Ajit Mishra of Religare Broking is bullish on

All indicators point to a gradual rise in Aurobindo Pharma's stock from the 100 EMA support

Recovery in CNG volumes can fire up prospects of Indraprastha Gas

Lower gas prices in second half will boost per unit margin

IGL slips 2% post 86% decline in Q1 profit; ICICI Securities retains "SELL"

Revenue from operations came in at Rs 692.53 crore, down 60 per cent against Rs 1,744.07 crore in the June 2019 quarter.

MARKET WRAP: Sensex gains 230 pts, ends above 39K level; auto stocks rally

All that happened in the markets today

Trading ideas by Religare Broking: Buy IGL, Torrent Pharmaceuticals

IGL has tested the major support zone of the long-term moving average (200 EMA) on the daily chart of late