Indraprastha Gas shares surge 6% on heavy volumes

Shares of compressed natural gas (CNG) retailer, Indraprastha Gas Limited (IGL) rose as much as 5.98% to hit an intraday high of ₹210.77 on the back of heavier than usual trading volumes. On the BSE, IGL shares rose as much as 5.95% to hit an intraday high of ₹210.77.

IGL shares were witnessing very high trading volumes on stock exchanges as 1.65 crore shares changed hands on the National Stock Exchange against an average trading volume of 53.74 lakh shares. On the BSE, 9.88 lakh shares changed hands as against an average of 2.11 lakh shares traded daily in the past two weeks, data from BSE showed.

Meanwhile, media reports suggested that the Delhi government led by Chief Minister Rekha Gupta is planning to revise electric vehicle (EV) policy hinting at relaxation in timeline for transitioning from petrol- and gas-powered vehicles to EVs.

According to a report by Hindustan Times, Delhi government is set to review and possibly revise the cab aggregator and delivery service policy introduced by the previous Aam Aadmi Party (AAP) administration, with officials indicating that changes may include relaxed EV transition timelines and a cap on surge pricing.

IGL Q4 earnings

IGL's revenue in the fourth quarter of financial year 2025 rose 9.5% to ₹4,340 crore from ₹3,964 crore in the same period last year.

The company's net profit however fell 9% to ₹349 crore from ₹383 crore in the year-ago period.

The company had recommended a final dividend of ₹1.5 per share.

IGL was top gainer in the NIFTY Midcap 100 index. As of 2:23 pm, IGL shares traded 6.01% higher at ₹210.80.