Mahanagar Gas Ltd, Newgen Software Technologies Ltd, Tega Industries Ltd and Sanghvi Movers Ltd are among the other losers in the BSE's 'A' group today, 18 November 2024.Indraprastha Gas Ltd crashed 19.92% to Rs 325.1 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 26.69 lakh shares were traded on the counter so far as against the average daily volumes of 1.25 lakh shares in the past one month.Mahanagar Gas Ltd lost 14.98% to Rs 1114.9. The stock was the second biggest loser in 'A' group.On the BSE, 1.62 lakh shares were traded on the counter so far as against the average daily volumes of 20953 shares in the past one month.Newgen Software Technologies Ltd tumbled 14.60% to Rs 1053.65. The stock was the third biggest loser in 'A' group.On the BSE, 53815 shares were traded on the counter so far as against the average daily volumes of 19302 shares in the past one month.Tega Industries Ltd plummeted 10.89% to Rs 1718.9. The stock was the fourth biggest loser in 'A' group.On the BSE, 12673 shares were traded on the counter so far as against the average daily volumes of 4759 shares in the past one month.Sanghvi Movers Ltd corrected 10.70% to Rs 320.5. The stock was the fifth biggest loser in 'A' group.On the BSE, 70099 shares were traded on the counter so far as against the average daily volumes of 35516 shares in the past one month.Powered by Capital Market - Live

Avanti Feeds Ltd, Mahanagar Gas Ltd, Muthoot Finance Ltd, Newgen Software Technologies Ltd are among the other stocks to see a surge in volumes on NSE today, 18 November 2024.Indraprastha Gas Ltd witnessed volume of 419.33 lakh shares by 14:14 IST on NSE, a 14.32 times surge over two-week average daily volume of 29.28 lakh shares. The stock dropped 18.88% to Rs.329.20. Volumes stood at 27.38 lakh shares in the last session.Avanti Feeds Ltd recorded volume of 37.74 lakh shares by 14:14 IST on NSE, a 13.76 times surge over two-week average daily volume of 2.74 lakh shares. The stock gained 3.35% to Rs.600.85. Volumes stood at 3.21 lakh shares in the last session.Mahanagar Gas Ltd recorded volume of 40.16 lakh shares by 14:14 IST on NSE, a 9.02 times surge over two-week average daily volume of 4.45 lakh shares. The stock lost 13.76% to Rs.1,132.00. Volumes stood at 3.84 lakh shares in the last session.Muthoot Finance Ltd witnessed volume of 29.25 lakh shares by 14:14 IST on NSE, a 8.29 times surge over two-week average daily volume of 3.53 lakh shares. The stock increased 7.25% to Rs.1,904.65. Volumes stood at 3.29 lakh shares in the last session.Newgen Software Technologies Ltd notched up volume of 8.44 lakh shares by 14:14 IST on NSE, a 5.13 fold spurt over two-week average daily volume of 1.65 lakh shares. The stock slipped 14.34% to Rs.1,057.95. Volumes stood at 1.68 lakh shares in the last session.Powered by Capital Market - Live

Muthoot Finance Ltd, Mahanagar Gas Ltd, Garware Technical Fibres Ltd, Crompton Greaves Consumer Electricals Ltd are among the other stocks to see a surge in volumes on BSE today, 18 November 2024.Indraprastha Gas Ltd registered volume of 19.79 lakh shares by 10:46 IST on BSE, a 10.49 fold spurt over two-week average daily volume of 1.89 lakh shares. The stock slipped 18.20% to Rs.332.05. Volumes stood at 79669 shares in the last session.Muthoot Finance Ltd registered volume of 68069 shares by 10:46 IST on BSE, a 10.32 fold spurt over two-week average daily volume of 6594 shares. The stock rose 5.93% to Rs.1,883.10. Volumes stood at 6871 shares in the last session.Mahanagar Gas Ltd saw volume of 1.23 lakh shares by 10:46 IST on BSE, a 6.93 fold spurt over two-week average daily volume of 17788 shares. The stock dropped 12.31% to Rs.1,150.00. Volumes stood at 16280 shares in the last session.Garware Technical Fibres Ltd recorded volume of 6771 shares by 10:46 IST on BSE, a 5.03 times surge over two-week average daily volume of 1347 shares. The stock gained 14.68% to Rs.4,531.80. Volumes stood at 898 shares in the last session.Crompton Greaves Consumer Electricals Ltd registered volume of 2.76 lakh shares by 10:46 IST on BSE, a 3.65 fold spurt over two-week average daily volume of 75657 shares. The stock rose 5.21% to Rs.390.55. Volumes stood at 75858 shares in the last session.Powered by Capital Market - Live

Indraprastha Gas announced that the Board of Directors of the Company at its meeting held on 28 October 2024, inter alia, have recommended the dividend of Rs 5.5 per equity Share (i.e. 275%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Howerver, revenue from operations (excluding excise duty) rose 6.91% to Rs 3,697.6 crore in Q2 FY25 from Rs 3,458.51 crore posted in Q2 FY24. Profit before tax stood at Rs 587.58 crore in the second quarter of FY25, down 16.54% as against Rs 704.08 crore reported in the corresponding quarter last year. EBITDA stood at Rs 535.92 crore in Q2 FY25, down 18% as compared with Rs 656.94 crore posted in same quarter last year. EBITDA margin reduced to 14% in Q2 FY25 as against 19% in Q2 FY24. Total volumes rose by 9% to 830.39 million standard cubic meter (million SCM) in Q2 FY25 from 763.80 million SCM in Q2 FY24. Compressed natural gas (CNG) sales volume stood at 623.65 million SCM (up 9% YoY) while total piped natural gas (PNG) sales volume aggregated to 205.97 million SCM (up 9% YoY) during the period under review. Meanwhile, the company's board has declared interim dividend of Rs 5.50 per share for financial year 2024-2025. The record date for the said dividend shall be 12 November 2024. Indraprastha Gas is a natural gas distribution company. It supplies natural gas as cooking and vehicular fuel. Shares of Indraprastha Gas added 2.77% to currently trade at Rs 415.95 on the BSE.Powered by Capital Market - Live

Net profit of Indraprastha Gas declined 17.69% to Rs 454.88 crore in the quarter ended September 2024 as against Rs 552.67 crore during the previous quarter ended September 2023. Sales rose 6.91% to Rs 3697.60 crore in the quarter ended September 2024 as against Rs 3458.51 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales3697.603458.51 7 OPM %14.4718.99 - PBDT706.10806.31 -12 PBT587.58704.08 -17 NP454.88552.67 -18 Powered by Capital Market - Live

Indraprastha Gas has fixed 12th November 2024 as the record date for ascertainment of shareholders entitled to receive the interim dividend.Powered by Capital Market - Live

Indraprastha Gas announced that the Board of Directors of the Company at its meeting held on 28 October 2024, has recommended a Interim dividend of Rs.5.50 per share (i.e.275%), subject to the approval of the shareholders.Powered by Capital Market - Live

Indraprastha Gas will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live

The Board of Indraprastha Gas on 27th September 2024 has designated Shri Vivek Sahay currently General Manager (CS), as Company Secretary and Compliance Officer of the Company w.e.f. October 1, 2024 in place of Shri S.K. Jain, present Company Secretary and Compliance Officer, who is superannuating from the Company on September 30, 2024.Powered by Capital Market - Live