Indraprastha Gas Faces Continued Decline Amid Broader Market Challenges

Feb 11 2025 01:15 PM IST
share
Share Via
Indraprastha Gas has seen a significant decline over four consecutive days, totaling a drop of 7.2%. Despite outperforming its sector, the stock is trading below key moving averages, indicating a bearish trend. Over the past month, it has decreased by 8.35%, contrasting with the Sensex's smaller decline.
Indraprastha Gas has experienced a notable decline of 3.02% on February 11, 2025, continuing a downward trend that has seen the stock fall for four consecutive days, resulting in a total drop of 7.2% during this period. The stock reached an intraday low of Rs 190, reflecting a decrease of 2.79% at its lowest point today.

In terms of performance metrics, Indraprastha Gas has outperformed its sector, the Gas Transmission/Marketing industry, by 0.81%, despite the sector itself experiencing a decline of 3.76%. However, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the short to medium term.

Over the past month, Indraprastha Gas has recorded a decline of 8.35%, contrasting with the Sensex, which has only fallen by 1.45% during the same timeframe. This performance highlights the challenges faced by Indraprastha Gas in the current market environment.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News