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Why did Indraprastha Gas Limited share price move today?collapse benzinga

Why did Indraprastha Gas Limited share price move today?

Indraprastha Gas shares are trading higher after global brokerage CLSA upgraded the stock’s rating to Buy from Outperform and raised the target price to ₹585 from ₹420. The upward movement is also in sync with other City Gas Distribution companies as they benefit from halving spot CNG prices.

81% Buy 👍
BUY SELL

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Shareholding Info
  • Promoters
    45 %
  • Foreign institutions-FII
    21.76 %
  • Other domestic institutions
    18.11 %
  • Retail and other
    8.53 %
  • Mutual Funds
    6.61 %

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