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Indraprastha Gas Limited (IGL) Gets a Buy from Jefferies

Indraprastha Gas Limited (IGL) Gets a Buy from Jefferies

Jefferies analyst Bhaskar Chakraborty maintained a Buy rating on Indraprastha Gas Limited on August 1 and set a price target of INR240.00. The company's shares closed last Friday at INR201.54.
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According to TipRanks, Chakraborty is a 3-star analyst with an average return of 2.9% and a 51.35% success rate. Chakraborty covers the Energy sector, focusing on stocks such as GAIL (India) Limited, Reliance Industries Limited, and Hindustan Petroleum Corporation Limited.
In addition to Jefferies, Indraprastha Gas Limited also received a Buy from ICICI Securities's Probal Sen in a report issued on August 1. However, on July 31, J.P. Morgan maintained a Sell rating on Indraprastha Gas Limited (NSE: IGL).
The company has a one-year high of INR285.30 and a one-year low of INR153.25. Currently, Indraprastha Gas Limited has an average volume of 179.3K.
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