BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Citi maintains buy on Indraprastha Gas
Both volumes and margins of Indraprastha Gas in Q1 surprised positively. Margin recovery was higher than expected. We raise FY17-19 earnings estimates by 7-12 per cent. See scope for higher pay outs going ahead.