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    IGL shares drop 3.13% as Sensex falls

    Synopsis

    A total of 149,856 shares changed hands on the counter till 02:10PM (IST)

    stock-market-5---GettyGetty Images
    Shares of Indraprastha Gas Ltd. traded 3.13 per cent down at Rs 384.25 at 02:10PM (IST) on Monday, even as BSE benchmark Sensex dropped 496.69 points to 56930.23. The stock had closed at Rs 396.65 in the previous session.

    The stock quoted a 52-week high and 52-week low of Rs 537.2 and Rs 322.1, respectively.

    As per BSE data, total traded volume on the counter till 02:10PM (IST) stood at 02:10PM shares with turnover at Rs 5.76 crore.

    At the current price, shares of the company trades at 15.81 times its trailing 12-month EPS of Rs 24.37 per share and 3.44 times its price-to-book value, the exchange data showed.

    A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

    The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.0.

    Shareholding Details
    Promoters held 45.0 per cent stake in the company as of 30-Jun-2022, while FIIs owned 20.34 per cent and DIIs 16.79 per cent.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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