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Indraprastha Gas Share Price Target 2024, 2025, 2026 to 2039 With Charts

Indraprastha Gas Limited

Company LogoSymbol: IGL
Price: ₹311.2
Exchange: NSE
Utilities -> Utilities - Regulated Gas
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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

MetricValueDescription
Market Capital30,971.53 CroreMarket valuation of Indraprastha Gas's shares.
Revenue (TTM)14,352.71 CroreTotal revenue generated by Indraprastha Gas over the past twelve months.
Net Income (TTM)+1,846.48 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin11.26%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin12.86%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+6.9%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
-17.7%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
0.7Company's total debt divided by total shareholder equity.
Total Debt74.18 CroreSum of Indraprastha Gas's current & long-term financial obligations.
Total Cash3,183.08 CroreTotal amount of liquid funds available to Indraprastha Gas.
Beta0.54Beta 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 ₹29,365.04 crore, presents a mixed picture for long-term investors. While its ₹3,183.08 crore cash balance and ₹1,846.48 crore net profit (TTM) are positive, a concerning -17.7% year-on-year earnings decline in Q2 2024-25 and significant negative returns over the past 3 and 6 months (-25.96% and -13.52% respectively) raise concerns. Although 5-year returns are positive (51.83%), recent performance warrants caution. Therefore, IGL is currently an average buy for long-term investors; further analysis is needed before a strong recommendation can be made.

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

 Indraprastha Gas Targets For 2024 Chart

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

Indraprastha Gas's LevelsValueReason/Importance
2024 Target 3320.60 (+3.02%)Price Action: Nov 2024 High
2024 Target 2317.20 (+1.92%)Price Action: Sep 2019 Low
2024 Target 1313.85 (+0.85%)Price Action: Mar 2019 High
Current Price311.20 Indraprastha Gas's 1 share price as of Fri 22 Nov 2024
Stop Loss 1310.19 (-0.33%)Fibonacci Retracement Level 71.8%
Stop Loss 2306.30 (-1.58%)Fibonacci Retracement Level 98.6%
Stop Loss 3302.01 (-2.96%)Fibonacci Retracement Extended 28.2%

Summary: Indraprastha Gas Share Price Prediction For 2024

In summary, Indraprastha Gas has declined by ₹-107.15, recording a notable -25.61% decrease from 1st January 2024 to 22 Nov 2024. Despite the setback, our analysis of Indraprastha Gas for 2024 predicts an additional rise of 0.85% to 3.02% by the end of 2024 with three potential targets T1: 313.85, T2: 317.20, T3: 320.60. Stop Loss at SL1: 310.19, SL2: 306.30, SL3: 302.01.

Indraprastha Gas has a 52-week high of ₹570.34, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹306.10, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for Indraprastha Gas.

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Indraprastha Gas Share Price Target For 2025

 Indraprastha Gas Targets For 2025 Chart

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

Indraprastha Gas's LevelsValueReason/Importance
2025 Target 3486.54 (+56.34%)Price Action: 18 Oct 2024 High
2025 Target 2476.66 (+53.16%)Custom Fibonacci Extension Lvl 64.9%
2025 Target 1467.93 (+50.36%)Technical Indicator: MA250
Current Price311.20 Indraprastha Gas's 1 share price as of Fri 22 Nov 2024
Stop Loss 1273.50 (-12.12%)Price Action: Aug 2018 Low
Stop Loss 2268.80 (-13.63%)Price Action: Oct 2018 High
Stop Loss 3265.10 (-14.82%)Price Action: Jan 2019 Low

Summary: Indraprastha Gas Share Price Prediction For 2025

In summary, Indraprastha Gas has declined by ₹-107.15, recording a notable -25.61% decrease from 1st January 2024 to 22 Nov 2024. Despite the setback, our analysis of Indraprastha Gas for 2025 predicts an additional rise of 50.36% to 56.34% by the end of 2025 with three potential targets T1: 467.93, T2: 476.66, T3: 486.54. Stop Loss at SL1: 273.50, SL2: 268.80, SL3: 265.10.

Indraprastha Gas has a All-Time high of ₹602.04, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹306.10, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Indraprastha Gas, we have created a specific page for that check here: Indraprastha Gas Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

Indraprastha Gas Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

 Indraprastha Gas Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Indraprastha Gas share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 2.01% over the next 15 years.

For complete year by year Indraprastha Gas long term share price target from 2024, 2025 to 2039 check the below table.

Indraprastha Gas Share Price Target Table From 2024, 2025, 2026 to 2039

Year Indraprastha Gas TargetYoY Change %
2024₹311.2[Current Price]
2024₹463.4448.92%
2025₹464.230.17%
2026₹501.988.13%
2027₹512.712.13%
2028₹531.513.66%
2029₹514.13-3.27%
2030₹513.91-0.05%
2031₹554.597.91%
2032₹565.341.93%
2033₹584.973.47%
2034₹564.82-3.45%
2035₹563.61-0.22%
2036₹607.27.73%
2037₹617.971.77%
2038₹638.423.31%
2039₹612.67-4.04%

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Indraprastha Gas Past Performance

IGL main
Indraprastha Gas has been listed on NSE for more than 20 years.
  • In 2004, Indraprastha Gas opening price was ₹30.4
  • As of Fri 22 Nov 2024 the price stands at ₹311.2.
  • This represents a Compound Annual Growth Rate (CAGR) of 11.71%.
  • In 20 years, an investment of 10,000 would have become ₹1.02 Lakh.

As we wrap up, we hope you like our study on Indraprastha Gas share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Indraprastha Gas Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter