Indraprastha Gas Faces Continued Decline Amid Broader Market Challenges

Indraprastha Gas has experienced a notable decline today, with shares falling by 3.15% as of June 13, 2025. The stock opened significantly lower, down 3.94%, and reached an intraday low of Rs 195.15. This marks the fourth consecutive day of losses for the company, resulting in an overall decline of 8.15% during this period.
In comparison to the broader market, Indraprastha Gas underperformed the gas sector, which itself saw a decrease of 2.85%. Over the past week, the stock has dropped 7.48%, while the Sensex has only declined by 1.73%. Year-to-date, Indraprastha Gas has recorded a loss of 6.62%, contrasting sharply with the Sensex's gain of 3.36%.

Despite these recent challenges, the stock remains above its 100-day moving average but is trading below its 5-day, 20-day, 50-day, and 200-day moving averages. Over the last three years, Indraprastha Gas has shown a positive performance of 10.53%, although this is significantly overshadowed by the Sensex's impressive 52.83% increase during the same timeframe.