Indraprastha Gas receives Investment Bank Analyst Rating Update
- Investing.com
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Metrics to compare | IGAS | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipIGASPeersSector | |
|---|---|---|---|---|
P/E Ratio | 15.6x | 12.0x | 11.7x | |
PEG Ratio | −0.56 | −0.32 | 0.02 | |
Price/Book | 1.8x | 1.3x | 1.3x | |
Price / LTM Sales | 1.3x | 0.8x | 1.7x | |
Upside (Analyst Target) | 18.4% | 15.2% | 18.5% | |
Fair Value Upside | Unlock | 12.8% | 2.8% | Unlock |
Indraprastha Gas Limited distributes and sells natural gas in India. It supplies compressed natural gas (CNG) to the transport sector; and piped natural gas to domestic, industrial, and commercial sectors. The company operates CNG stations, as well as steel pipeline and MDPE networks. It serves households; hotels, restaurants, malls, commercial complexes, educational/religious institutions, and hospitals; and metal, textiles, food and beverages, pharmaceuticals, chemical, auto and ancillary, and packaging industries. The company was incorporated in 1998 and is headquartered in New Delhi, India.