Share price of Indraprastha Gas Ltd. falls as Sensex gains 336.79 points
Share price of Indraprastha GasNSE -0.44 % Ltd. dropped 0.79 per cent to Rs 445.95 at 01:52PM (IST) in Friday’s trade. The counter hit a high of Rs 453.35 and low of Rs 443.5 so far during the session. The stock had closed at Rs 449.5 in the previous session.
The counter had a total traded volume of 01:52PM shares so far with a turnover of Rs 3.37 crore on BSE. The stock traded at a price-to-earnings multiple of 24.97 and a price-to-book ratio of 5.82.
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.
