Share price of IGL falls as Sensex gains 292.83 points

Share price of Indraprastha Gas Ltd. dropped 0.95 per cent to Rs 374.3 at 01:19PM (IST) in Monday’s trade. The counter hit a high of Rs 377.9 and low of Rs 369.5 so far during the session. The stock had closed at Rs 377.9 in the previous session.

The counter had a total traded volume of 01:19PM shares so far with a turnover of Rs 0.93 crore on BSE. The stock traded at a price-to-earnings multiple of 18.11 and a price-to-book ratio of 5.64.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

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