Kai hapthe pehle Indraprastha Gas Limited ne apne third quarter earnings report publish kiya hai. In simple words they have published a report jo dikha deta hain ki October, November aur December maheeno mein unka kitna profits, sales aur overall growth hua hain.
Earnings reports traders ko ye idea deta hai ki stock healthy hai ya nahi, aur stock price aage bad jayega ya kam ho jayega. Agar earnings report l, also known as quarterly report, positive hai toh public ka attitude positive rehta hai, stock ke liye demand rehta hai aur prove achi ho sakti hai. Similarly agar earnings report mein new and profitable growth centers (yaani ke naye offices, naye branches ya naya dukaan) dikayee deta hain tho public optimistic rehte hain, stocks khareedhne ke liye excited rehte hain aur stock price increase hone ki chances hain.
Agar aap Indraprastha Gas ke stocks khareedhne ya bechne soch rahe ho, toh aage padkar ke aapko puri jankari mil jayegi.
Indraprastha Gas yaani ke IGL ka Q3 report login ko bohot positive laga. Hum report ko pura dissect decode kar lenge lekin pahle let's look at three questions: who is Indraprastha Gas, what do they do and why are they interesting abhi ke abhi?
Toh who is Indraprastha Gas?
Indraprastha Gas hain desh ka ek leading supplier of natural gas. In ke pass 22 years ka expertise hain - it was established in 1998.
Indraprastha Gas actually is a joint venture. Yeh ek partnership se banaya gaya tha . the partnership is between Bharat Pertoleum and GAIL India that is a Government of India natural gas and petroleum company.
Indraprastha Gas ka headoffice Nai Dilli mein hai. Aur unka sabse bada customer base bhi Dilli-NCR mein hi hain.
Ab dekthe hai unka business kya banatha bechtha hain? As the name suggests Indraprastha Gas natural gas … yani ke CNG or compressed natural gas… process kar ke distribute kar laete hain.
Indraprastha Gas rickshaw ke liye bhi CNG supply karta hain aur domestic use yaani ke ghar mein jo cylinder use hota hain, woh purpose ke liye bhi CNG supply kar leta hain.
Aaj ye itna famous ho kyu ho gaya?
Kyunki unho ne achchi Q3 earnings sabit ki hai aur un ka stock price bad gaya hai. Investors are flocking to the stock taki further price increase se inko bhi profits mil sakti hai.
Unke Q3 results mein kaun si khaas baat hain?
Inndraprasad Gas ne sabit kiya the following good achievements in Q3 of the fiscal 2019 to 2020. February 6th 2020 pe company ne apna earnings publish kiya.
Yeh rahe unke achievements:
IGL ke October to December quarter waale net profits Rs 197.94 karod the. Yeh profits unke previous year profits se kaafi zyaada tha. During the same period last year IGL ka profit tha Rs 165.65 crore. Yaani ke iss saal me IGL me almost 30 crores ka increased profits jama kiya hai. Percentage dhudane jaye toh 19% profits increment ho gaya hain.
Gross sales toh profits se bhi das kadam sage hain. IGL ne gross sales mein sabit kiya 28% growth over the same period in 2018.
2019 mein the Q3 gross sales value raha a sizeable Rs 1,221 crore.
Aage bhi sales aur profits badness ki kaafi potential hai kyu ki IGL has recently expanded to supply CNG to gas stations in Gurugram, Karnal, Meerut and Rewari. Iska obvious outcome hoga zyaada sales. Expansion ke liye investment toh pichale saal hua hai - matlab ye saal sirf profits milne ki aur possibility hai.
Ek aur cheej hain jo Indraprasad Gas ke liye positive ho sakta hain. Budget 2020 mein Finance Minister ne mention ki hai ki CNG pe VAT kam kiya ja sakta hain… to a maximum amount of 5%. Iss se IGL jaise suppliers ko aur profits mein badaawa mil sakta hai.
Indraprasad Gas is a large cap company. Unke market capitalisation, meaning the amount of shares held by other investors, Rs 34,839 karod hai.
Stock price kahi saalo se badtha hi ja raha hain. March 2015 mein IGL ka stock price sirf Rs 86 tha. February 2020 mein stock price Rs 534 tak increase ho gaya hai. Fluctuations of course ho raha hai - the stock has been variously valued at Rs 452.05 per share and Rs 534 per share during February 2020, jab Q3 earnings announce kiya gaya tha. Investors expect ki Indaprastha Gas will have a P/E ratio of 26.61 in the months to come.
Stock mein daily volatility bhi kaafi hain agar aapko quick profits chahiye. For example 24 February pe, Indraprastha Gas ka stock price open ho gaya Rs 459.95 pe - ussi din stock ka market high tha Rs 465.35 aur market low tha 451.60.
Toh kya aapko Indraprastha Gas ki shares khareedna chahiye? Ya apne pass jo shares hain woh bechna chahiye?
Actually dost koi aapke liye ye decision nahi le sakta. Aapko research, facts aur figures dekh ke khud decide karna padega.
Besides news and Q3 reports koi bhi stocks buy ya sell karne ke pehle always check indicators and technical charts. Yeh Indraprastha Gas ke liye bhi sahi hain.
Angel Broking jaise apps pe aap on-the-go expert advice manga sakte ho, research kar sakte ho aur stock price history ke baare mein pura information mil sakta hai.
Indraprasad Gas ke Q3 report ke baare mein aur bhi details, simplified layman format mein humare blog post mein mil jayega.
All the best dost - do your homework to make the correct choice.