INDRAPRASTHA GAS (India) Today

IGL -  India Stock  

INR 538.05  11.35  2.07%

INDRAPRASTHA GAS is selling for 538.05 as of the 26th of September 2021. This is a -2.07 percent decrease since the beginning of the trading day. The stock's open price was 549.4. INDRAPRASTHA GAS has 52 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for INDRAPRASTHA GAS LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of November 2019 and ending today, the 26th of September 2021. Click here to learn more.
 Market Performance
1 of 100
  Odds Of Distress
Over 52
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

INDRAPRASTHA GAS Stock Profile

The company supplies compressed natural gas to the transport sector and piped natural gas to domestic, industrial, and commercial sectors in Delhi and the National Capital Region. Indraprastha Gas Limited was incorporated in 1998 and is headquartered in New Delhi, India. INDRAPRASTHA GAS operates under UtilitiesRegulated Gas classification in India and is traded on Bombay Stock Exchange. It employs 703 people. more on INDRAPRASTHA GAS
INDRAPRASTHA GAS LTD has high likelihood to experience some financial distress in the next 2 years
About 50.0% of the company shares are held by company insiders
Legal NameINDRAPRASTHA GAS LTD
Thematic Classification
Currently Active Investing Idea (view all)
  Utilities
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of INDRAPRASTHA GAS's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
INDRAPRASTHA GAS LTD (IGL) is traded on Bombay Stock Exchange in India and employs 703 people. The company currently falls under 'Mega-Cap' category with current market capitalization of 410.1 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate INDRAPRASTHA GAS's market, we take the total number of its shares issued and multiply it by INDRAPRASTHA GAS's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. INDRAPRASTHA GAS LTD operates under Utilities sector and is part of Utilities—Regulated Gas industry. The entity has 700 M outstanding shares. INDRAPRASTHA GAS LTD has accumulated about 22.41 B in cash with 13.61 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 31.85.
Check INDRAPRASTHA GAS Probability Of Bankruptcy
Ownership
INDRAPRASTHA GAS secures a total of 700 Million outstanding shares. INDRAPRASTHA GAS secures substantial amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check INDRAPRASTHA Ownership Details

INDRAPRASTHA Stock Price Odds Analysis

What are INDRAPRASTHA GAS's target price odds to finish over the current price? Proceeding from a normal probability distribution, the odds of INDRAPRASTHA GAS jumping above the current price in 90 days from now is about 64.9%. The INDRAPRASTHA GAS LTD probability density function shows the probability of INDRAPRASTHA GAS stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon INDRAPRASTHA GAS LTD has a beta of -0.2329. This usually indicates as returns on benchmark increase, returns on holding INDRAPRASTHA GAS are expected to decrease at a much lower rate. During the bear market, however, INDRAPRASTHA GAS LTD is likely to outperform the market. Additionally, the company has an alpha of 0.0307, implying that it can generate a 0.0307 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 538.05HorizonTargetOdds Up 538.05 
34.80%90 days
 538.05 
64.90%
Based on a normal probability distribution, the odds of INDRAPRASTHA GAS to move above the current price in 90 days from now is about 64.9 (This INDRAPRASTHA GAS LTD probability density function shows the probability of INDRAPRASTHA Stock to fall within a particular range of prices over 90 days) .

INDRAPRASTHA GAS LTD Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. INDRAPRASTHA GAS market risk premium is the additional return an investor will receive from holding INDRAPRASTHA GAS long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in INDRAPRASTHA GAS. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although INDRAPRASTHA GAS's alpha and beta are two of the key measurements used to evaluate INDRAPRASTHA GAS's performance over the market, the standard measures of volatility play an important role as well.

INDRAPRASTHA Stock Against Markets

Picking the right benchmark for INDRAPRASTHA GAS stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in INDRAPRASTHA GAS stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for INDRAPRASTHA GAS is critical whether you are bullish or bearish towards INDRAPRASTHA GAS LTD at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in INDRAPRASTHA GAS without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please see Risk vs Return Analysis. Note that the INDRAPRASTHA GAS LTD information on this page should be used as a complementary analysis to other INDRAPRASTHA GAS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

Other Tools for INDRAPRASTHA Stock

When running INDRAPRASTHA GAS LTD price analysis, check to measure INDRAPRASTHA GAS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy INDRAPRASTHA GAS is operating at the current time. Most of INDRAPRASTHA GAS's value examination focuses on studying past and present price action to predict the probability of INDRAPRASTHA GAS's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move INDRAPRASTHA GAS's price. Additionally, you may evaluate how the addition of INDRAPRASTHA GAS to your portfolios can decrease your overall portfolio volatility.
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