Hot Pursuit     07-Nov-12
Indraprastha Gas firms up after good Q2 numbers
Indraprastha Gas rose 2.09% to Rs 266 at 15:02 IST on BSE after net profit rose 28.48% to Rs 99.21 crore on 43.32% increase in total income to Rs 858.49 crore in Q2 September 2012 over Q2 September 2011.

The result was announced during trading hours today, 7 November 2012.

Meanwhile, the BSE Sensex was up 89.39 points, or 0.48%, to 18,906.77.

On BSE, 2.98 lakh shares were traded in the counter as against an average daily volume of 2.01 lakh shares in the past one quarter.

The stock hit a high of Rs 268.20 and a low of Rs 260.10 so far during the day. The stock had hit a 52-week high of Rs 436 on 14 November 2011. The stock had hit a 52-week low of Rs 170 on 10 April 2012.

The stock had outperformed the market over the past one month till 6 November 2012, rising 0.42% compared with the Sensex's 0.64% fall. The scrip had also outperformed the market in past one quarter, rising 9.71% as against Sensex's 8.07% rise.

The mid-cap company has an equity capital of Rs 140 crore. Face value per share is Rs 10.

Indraprastha Gas' is the sole supplier of CNG and PNG in Delhi, Noida, Greater Noida and Ghaziabad.

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