Buy Indraprastha Gas, target price Rs 565: Motilal Oswal
Motilal Oswal has buy call on Indraprastha Gas with a target price of Rs 565. The current market price of Indraprastha Gas Ltd. is Rs 542.4.
Indraprastha Gas Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 37975.04 Crore) operating in Gas & Petroleum sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 1472.07 Crore, up .07 % from last quarter Total Income of Rs 1471.05 Crore and down -13.50 % from last year same quarter Total Income of Rs 1701.73 Crore. Company reported net profit after tax of Rs 334.87 Crore in latest quarter.
