Indraprastha Gas Ltd

The key equity barometers traded with significant gains in the early afternoon trade. Investors now await the Q2 GDP data, due for release on 28 November 2025. The Nifty scaled above the 26,150 mark. Consumer durables shares rebounded after declining the past three consecutive trading sessions. At 12:25 IST, the barometer index, the S&P BSE Sensex jumped 846.48 points or 1% to 85,433.49. The Nifty 50 index surged 269.85 points or 1.04% to 26,155.40. In the broader market, the S&P BSE Mid-Cap index rallied 1.11% and the S&P BSE Small-Cap index climbed 1.10%. The market breadth was strong. On the BSE,2,725 shares rose and 1,202 shares fell. A total of 197 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, declined 3.32% to 11.84. The Nifty 30 December 2025 futures were trading at 26,333, at a premium of 177.6 points as compared with the spot at 26,155.40. The Nifty option chain for the 30 December 2025 expiry showed a maximum call OI of 64.4 lakh contracts at the 26,000 strike price. Maximum put OI of 77.3 lakh contracts was seen at 26,000 strike price. Buzzing Index: The Nifty Consumer Durables index rose 1.52% to 38,008.15. The index tumbled 2.96% in the past four consecutive trading sessions. PG Electroplast (up 3.59%), Dixon Technologies (India) (up 2.9%), Kalyan Jewellers India (up 2.21%), Voltas (up 2.01%) ,Century Plyboards (India) (up 1.75%), Cera Sanitaryware (up 1.55%), Blue Star (up 1.48%), Crompton Greaves Consumer Electricals (up 1.45%), Titan Company (up 1.36%) and Havells India (up 1.19%) advanced. Stocks in Spotlight: Indraprastha Gas (IGL) rose 1.33% after the company said that it has signed a joint venture (JV) agreement with CEID Consultants & Engineering (CEID) to develop compressed bio-gas (CBG) & biofuel projects. Aarvi Encon rallied 2.31% after the company announced that it has secured a work contract worth Rs 11.60 crore from a leading global EPC firm in Indonesia. It received the order on 25 November 2025 for the supply of technical manpower services over a period of two years, effective from 1 January 2026. Elgi Equipments jumped 2.90% after SBI Mutual Fund bought shares worth Rs 268.64 crore through bulk deals on 25 November 2025. Exchange data showed that the fund house acquired 55,61,915 shares, equivalent to 1.76% equity, at Rs 483 per share. Of this, 20,61,915 shares were purchased on the NSE and 35 lakh shares on the BSE. The stock had ended 3.04% lower at Rs 479.65 on the BSE in the previous session.Powered by Capital Market - Live

The JV will have equity participation of 50:50 between IGL and CEID, with the board of directors initially comprising four directors, two nominated by each partner. The agreement provides both parties with strategic management rights, including board representation and joint decision-making on key matters such as share subscriptions and capital structure. The transaction does not fall under related-party transactions, and CEID is not related to IGL's promoters or promoter group. The company has confirmed that no conflict of interest arises from the arrangement. IGL also stated that in case of any termination or amendment of the JV agreement, it will disclose details to stock exchanges, including the names of the parties involved, nature and date of the agreement, and the impact or reasons for such changes. The collaboration is aimed at boosting renewable energy and sustainable fuel initiatives in India, supporting the company's strategic focus on clean energy and environmental sustainability. Indraprastha Gas is in the business of city gas distribution presently operating in the National Capital Territory of Delhi. The company's consolidated net profit fell 15.1% to Rs 386.29 crore in Q2 FY26, even as revenue from operations rose 8.8% to Rs 4,023.40 crore compared with Q2 FY25. Powered by Capital Market - Live

Indraprastha Gas Ltd is down for a fifth straight session today. The stock is quoting at Rs 205.14, down 0.69% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.5% on the day, quoting at 26182.7. The Sensex is at 85587.27, up 0.47%.Indraprastha Gas Ltd has eased around 1.1% in last one month.Meanwhile, Nifty Energy index of which Indraprastha Gas Ltd is a constituent, has increased around 1.89% in last one month and is currently quoting at 36132.3, up 0.52% on the day. The volume in the stock stood at 16.26 lakh shares today, compared to the daily average of 25.27 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 205.55, down 0.59% on the day. Indraprastha Gas Ltd jumped 31.75% in last one year as compared to a 12.13% rally in NIFTY and a 1.48% spurt in the Nifty Energy index.The PE of the stock is 21.22 based on TTM earnings ending September 25.Powered by Capital Market - Live

Profit before tax in Q2 FY26 stood at Rs 384.95 crore, down 15.24% from Rs 454.17 crore in Q2 FY25. Total volumes rose 3% to 856.70 million Scm in Q2 FY26 from 830.39 million Scm in Q2 FY25. During the quarter, CNG volumes stood at 640.80 million Scm (up 3% YoY), LNG volumes at 0.20 million Scm (down 74% YoY), and PNG volumes at 62.95 million Scm (up 6% YoY). On a half-year basis, the company's net profit fell 13.02% to Rs 8,772.71 crore on a 10.05% rise in revenue from operations to Rs 8,772.71 crore in H1 FY26 over H1 FY25. Indraprastha Gas is engaged in the marketing and distribution of compressed natural gas (CNG) and piped natural gas (PNG) within the National Capital Territory (NCT) of Delhi. The scrip advanced 1.67% to currently trade at Rs 213.65 on the BSE.Powered by Capital Market - Live

Net profit of Indraprastha Gas declined 15.08% to Rs 386.29 crore in the quarter ended September 2025 as against Rs 454.88 crore during the previous quarter ended September 2024. Sales rose 8.81% to Rs 4023.40 crore in the quarter ended September 2025 as against Rs 3697.60 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales4023.403697.60 9 OPM %10.9614.47 - PBDT616.11706.10 -13 PBT487.63587.58 -17 NP386.29454.88 -15 Powered by Capital Market - Live

Indraprastha Gas will hold a meeting of the Board of Directors of the Company on 12 November 2025.Powered by Capital Market - Live

Indraprastha Gas Ltd is down for a fifth straight session today. The stock is quoting at Rs 205.88, down 0.81% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.23% on the day, quoting at 24998.35. The Sensex is at 81448.84, down 0.33%.Indraprastha Gas Ltd has lost around 0.82% in last one month.Meanwhile, Nifty Energy index of which Indraprastha Gas Ltd is a constituent, has increased around 4.48% in last one month and is currently quoting at 35506.7, down 0.08% on the day. The volume in the stock stood at 5.63 lakh shares today, compared to the daily average of 17.93 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 206.69, down 0.55% on the day. Indraprastha Gas Ltd tumbled 24.98% in last one year as compared to a 4.64% slide in NIFTY and a 19.64% fall in the Nifty Energy index.The PE of the stock is 20.39 based on TTM earnings ending June 25.Powered by Capital Market - Live

Indraprastha Gas Ltd is up for a fifth straight session today. The stock is quoting at Rs 215.65, up 0.39% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.52% on the day, quoting at 25198.35. The Sensex is at 82238.08, up 0.55%. Indraprastha Gas Ltd has gained around 5.2% in last one month. Meanwhile, Nifty Energy index of which Indraprastha Gas Ltd is a constituent, has gained around 2.68% in last one month and is currently quoting at 35129, up 0.79% on the day. The volume in the stock stood at 5.16 lakh shares today, compared to the daily average of 20.75 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 216.24, up 0.38% on the day. Indraprastha Gas Ltd is down 21.31% in last one year as compared to a 0.87% slide in NIFTY and a 16.98% slide in the Nifty Energy index.The PE of the stock is 21.14 based on TTM earnings ending June 25.Powered by Capital Market - Live

Indraprastha Gas Ltd gained for a third straight session today. The stock is quoting at Rs 217.6, up 3.16% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.48% on the day, quoting at 24743.45. The Sensex is at 80701.78, up 0.42%. Indraprastha Gas Ltd has gained around 5.53% in last one month. Meanwhile, Nifty Energy index of which Indraprastha Gas Ltd is a constituent, has gained around 0.68% in last one month and is currently quoting at 34155.3, up 1.55% on the day. The volume in the stock stood at 25.66 lakh shares today, compared to the daily average of 19.65 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 217.46, up 3.2% on the day. Indraprastha Gas Ltd is down 21.65% in last one year as compared to a 2.12% slide in NIFTY and a 20.23% slide in the Nifty Energy index.The PE of the stock is 20.76 based on TTM earnings ending June 25.Powered by Capital Market - Live

The joint venture (JV) between the two will have equity participation in the ratio of 74:26, meaning IGL will hold a 74% stake in the JV, while RVUNL will have a 26% shareholding, the firm added. The JV's board of directors will comprise six directors, including four nominated by IGL and two by RVUNL. Furthermore, it will have an initial paid-up capital of Rs 5 lakh, divided into 50,000 equity shares of Rs 10 each, the release added. IGL's board of directors had initially approved the formation of the JV in March. As part of the agreement, IGL will have the right to nominate four directors to the board of the newly formed joint venture, while RVUNL will be entitled to nominate two directors. This board composition reflects the equity and governance structure agreed upon by both parties. The company has clarified that the transaction does not fall under the category of related party transactions, and there is no conflict of interest or connection with the promoter/promoter group or group companies. Accordingly, the agreement has been executed at arm's length. Indraprastha Gas is engaged in the marketing and distribution of compressed natural gas (CNG) and piped natural gas (PNG) within the national capital territory (NCT) of Delhi. The company has reported 11% fall in consolidated net profit to Rs 355.94 crore despite a 11% increase in total net revenue from operations to Rs 3,913.85 crore in Q1 FY26 as compared with Q1 FY25. Powered by Capital Market - Live