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Indraprastha Gas
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Second Qutr Results of IGL
Posted by :
tallyTracked by: 0 Boarder
During the second qutr IGL has been selling approximately 13 lakh kg of CNG against 11 lakh kg earlier ie 18% more. In past it has maintained NPM of 23.5 to 24.5%. At this level it should be able to achieve total sales of approximately 215 cr and net profit of Rs 50 cr at a very conservative estimate of NPM at 23.5%. recent market trades indicate possible break out on this counter. ...
MOST Stable stock of the year.!!!!
Posted by :
money-guruTracked by: 0 Boarder
dont get frustrated.ok... just play with it.. its range bound stock... and after 1 yr u will see a significant jump... MARK my words......
In reply to:
MOST Stable stock of the year.!!!!
Posted by : mukut
This stock stable at this level since last 5yrs. IT does not go anywhere. Aftr IPO at 45 it reached at 100 level within 2 week since then it stable at 100-120 level. It moved out of this range when sensex touched 20k. That was very short period. I frustrated holding this stock. 
MOST Stable stock of the year.!!!!
Posted by : mukutTracked by: 0 Boarder
This stock stable at this level since last 5yrs. IT does not go anywhere. Aftr IPO at 45 it reached at 100 level within 2 week since then it stable at 100-120 level. It moved out of this range when sensex touched 20k. That was very short period. I frustrated holding this stock. ...
In reply to:
MOST Stable stock of the year.!!!!
Posted by : money-guru
MOST Stable stock of the year.!!!!
market goes down but this stock is still the same.. its has range of 110 to 150... So buy now and sell it around 140-150 within week.
This stock will never let u down. it will give u average return but ur money is always safe. Around 2010 in commonwealth games GAS demands will go upto 3 times so buy now and sell around 220-250 within 2 yrs time. Guarantee...
Only serious investors invest in this stock as This is slow upward moving stock. so Buy call between 115-130.it will never go below 105 even market goes below 11000.
MOST Stable stock of the year.!!!!
Posted by : money-guruTracked by: 0 Boarder
MOST Stable stock of the year.!!!!
market goes down but this stock is still the same.. its has range of 110 to 150... So buy now and sell it around 140-150 within week.
This stock will never let u down. it will give u average return but ur money is always safe. Around 2010 in commonwealth games GAS demands will go upto 3 times so buy now and sell around 220-250 within 2 yrs time. Guarantee...
Only serious investors invest in this stock as This is slow upward moving stock. so Buy call between 115-130.it will never go below 105 even market goes below 11000....
WOOOOOW! WHAT A GREAT STOCK
Posted by : tallyTracked by: 0 Boarder
Dear prince, IGL is a great stock from from any financial parameter or demand and future growth prospects. I suppose the stock is being accumulated by investors and operators. It is likely to give good returns in medium to long term....
In reply to:
WOOOOOW! WHAT A GREAT STOCK
Posted by :
prince3001
after researching about IGL for 1 week, I have found that its really a diamond yet to achieve its true value.
bought 500 shares of IGL last week.
hope to double my investment in IGL in 6 months time.
WOOOOOW! WHAT A GREAT STOCK
Posted by : GuestTracked by: 0 Boarder
Yes this is a great stock,but alas it is a PSU. That\\`s why it is languishing at 100 - 145 range. It gives a dividend of Rs 4 which translates into 3% dividend yield ( whether there is rain or sunshine - people need to use gas in their homes and their cars)
It is unable to break the 145 range. Also, some issues regarding its expansion into NCR have been stopped by the regulator. However, with Commonwealth games in 2010 so close, more CNG stations are proposed to be opened and this will augur well for this stock...
In reply to:
WOOOOOW! WHAT A GREAT STOCK
Posted by : prince3001
after researching about IGL for 1 week, I have found that its really a diamond yet to achieve its true value.
bought 500 shares of IGL last week.
hope to double my investment in IGL in 6 months time.
WOOOOOW! WHAT A GREAT STOCK
Posted by : prince3001Tracked by: 0 Boarder
after researching about IGL for 1 week, I have found that its really a diamond yet to achieve its true value.
bought 500 shares of IGL last week.
hope to double my investment in IGL in 6 months time....
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