Indraprastha Gas (Large Cap) Share Target 2024, 2025 To 2039
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Indraprastha Gas Limited |
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Price: ₹388.30 | ||
| 52 Week Low: ₹306.10 52 Week High: ₹570.35 |
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| Market Capital: 22,761.94 Crore (Largecap) | |||
| Utilities -> Utilities - Regulated Gas | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Indraprastha Gas Share Price Target For 2024
- 1.1.1: Indraprastha Gas Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Indraprastha Gas Share Price Target For 2025
- 1.2.1: Indraprastha Gas Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Indraprastha Gas Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Indraprastha Gas Brief Company Overview
- 4: Indraprastha Gas Financial Performance
- 4.0.1: Is Indraprastha Gas A Good Buy For Long Term?
To predict the Indraprastha Gas's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Indraprastha Gas Share Price Target For 2024
The line chart displays the monthly closing prices of Indraprastha Gas with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Indraprastha Gas shares in 2024, see the table below.
Indraprastha Gas Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 407.96 (+5.06%) | Price Action: Aug 2022 High |
| 2024 Target 2 | 400.88 (+3.23%) | Price Action: Dec 2019 High |
| 2024 Target 1 | 396.89 (+2.21%) | Price Action: Feb 2020 Low |
| Current Price | 388.30 | Indraprastha Gas's share price as of 20 Dec 2024 |
| Stop Loss 1 | 378.6 (-2.50%) | Price Action: 13 Dec 2024 Low |
| Stop Loss 2 | 373.1 (-3.92%) | Price Action: 18 Nov 2024 High |
| Stop Loss 3 | 368.96 (-4.99%) | Price Action: Oct 2023 Low |
Short-Term Technical Outlook
Current Technical Position: Indraprastha Gas is showing mixed momentum signals near key moving averages.
Key Technical Level: The 50-day moving average at ₹405.61 serves as the nearest technical reference point.
Historical Returns: 3-month: -28.92% | 6-month: -21.18% | 1-year: -5.11%
Indraprastha Gas Share Price Target For 2025
The line chart displays the monthly closing prices of Indraprastha Gas with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Indraprastha Gas shares in 2025, see the table below.
Indraprastha Gas Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 573.13 (+47.59%) | Price Action: Chart |
| 2025 Target 2 | 562.44 (+44.84%) | Fibonacci Extension Level 100.00% |
| 2025 Target 1 | 550.56 (+41.78%) | Fibonacci Extension Level 64.90% |
| Current Price | 388.30 | Indraprastha Gas's share price as of 20 Dec 2024 |
| Stop Loss 1 | 345.13 (-11.12%) | Price Action: Apr 2020 Low |
| Stop Loss 2 | 341.0 (-12.19%) | Price Action: 03 Dec 2024 Low |
| Stop Loss 3 | 335.55 (-13.59%) | Price Action: Oct 2020 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Indraprastha Gas is currently trading at 31.1% of its 52-week range (₹306.1 - ₹570.35).
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -5.11% | 3-year: -10.98% | 5-year: -0.92%
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Approach 2: Machine Learning By Studying Historical Prices
Indraprastha Gas Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹388.30 | ||
| 2024 | ₹420.34 | +8.25% | ₹426.65 |
| 2025 | ₹379.74 | -9.66% | ₹434.61 |
| 2026 | ₹367.81 | -3.14% | ₹391.16 |
| 2027 | ₹333.74 | -9.26% | ₹364.13 |
| 2028 | ₹304.26 | -8.83% | ₹329.81 |
| 2029 | ₹255.55 | -16.01% | ₹302.79 |
| 2030 | ₹218.20 | -14.62% | ₹260.82 |
| 2031 | ₹554.59 | +154.17% | ₹562.91 |
| 2032 | ₹565.34 | +1.94% | ₹575.21 |
| 2033 | ₹584.97 | +3.47% | ₹593.74 |
| 2034 | ₹564.82 | -3.44% | ₹588.64 |
| 2035 | ₹563.61 | -0.21% | ₹602.07 |
| 2036 | ₹607.20 | +7.73% | ₹616.31 |
| 2037 | ₹617.97 | +1.77% | ₹628.92 |
| 2038 | ₹638.43 | +3.31% | ₹648.01 |
| 2039 | ₹612.68 | -4.03% | ₹642.35 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Indraprastha Gas Brief Company Overview
Indraprastha Gas Limited: A Leading Natural Gas Distributor in India Indraprastha Gas Limited is a prominent player in the Indian energy sector, primarily engaging in the distribution of natural gas. Founded in 1998 and headquartered in New Delhi, the company has carved a niche...
in providing comprehensive natural gas solutions to a diverse customer base. Key Products and Services: Compressed Natural Gas (CNG): Supplied to the transport sector. Piped Natural Gas: Catered to domestic, commercial, and industrial users. CNG Stations: Operated to meet the growing demand for CNG vehicles. Steel Pipeline Network and MDPE Network: Facilitates efficient gas distribution. Indraprastha Gas Limited boasts an extensive customer network, including households, businesses, industries, and institutions. The company is renowned for its commitment to providing reliable and sustainable energy solutions, contributing to India's energy security.Indraprastha Gas Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 22,761.94 Crore | Market valuation of Indraprastha Gas's shares. |
| Revenue (TTM) | 14,352.71 Crore | Total revenue generated by Indraprastha Gas over the past twelve months. |
| Net Income (TTM) | +18,464,899,072.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +11.26% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +12.86% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+6.90% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-17.70% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
0.7 | Company's total debt divided by total shareholder equity. |
| Total Debt | 74.18 Crore | Sum of Indraprastha Gas's current & long-term financial obligations. |
| Total Cash | 3,183.08 Crore | Total amount of liquid funds available to Indraprastha Gas. |
| Beta | 0.54 | Beta is less than 1 indicating that the Indraprastha Gas's price is less volatile than the market. |
Is Indraprastha Gas A Good Buy For Long Term?
Indraprastha Gas (IGL), a large-cap stock with a market capitalization of ₹22,761.94 crore, presents a mixed picture for long-term investors. While its substantial cash balance of ₹3,183.08 crore (Q2 2024-25) and relatively low debt of ₹74.18 crore are positive, the significant negative returns over the past 3 months (-43.22%), 6 months (-33.68%), and year-to-date (-25.62%) raise concerns. The 12.86% profit margin is moderate. Considering the recent performance, IGL is currently a NOT A GOOD BUY for long-term investment. Further analysis is needed to assess future prospects.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
