Nomura Upgrades Indraprastha Gas to Buy Rating with ₹230 Target Price

1 min read     Updated on 17 Dec 2025, 09:20 AM
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Overview

Nomura Securities has upgraded Indraprastha Gas to a 'Buy' rating and set a target price of ₹230 per share. This upgrade reflects Nomura's positive assessment of the gas distribution company's market position and business prospects. The new rating and target price suggest potential upside for the stock and could influence investor sentiment.

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*this image is generated using AI for illustrative purposes only.

Indraprastha Gas has received a positive rating upgrade from Nomura Securities, with the brokerage firm revising its recommendation to 'Buy' and setting a target price of ₹230 per share. This development represents a significant endorsement of the gas distribution company's investment potential.

Brokerage Recommendation Details

Nomura's upgrade reflects the firm's assessment of Indraprastha Gas Limited's market position and business prospects. The target price of ₹230 indicates the brokerage's expectation of the stock's fair value based on their analysis.

Parameter Details
Brokerage Firm Nomura Securities
Rating Buy
Target Price ₹230

Market Implications

The upgrade to a 'Buy' rating suggests that Nomura analysts view the current market conditions and company fundamentals favorably for Indraprastha Gas. Such recommendations typically influence investor sentiment and can impact trading activity in the stock.

About the Company

Indraprastha Gas operates in the gas distribution sector, serving as a key player in the natural gas supply chain. The company's business model focuses on the distribution of compressed natural gas and piped natural gas to various customer segments.

This rating upgrade by Nomura adds to the analyst coverage of Indraprastha Gas and provides investors with additional perspective on the stock's potential performance. The ₹230 target price serves as a benchmark for evaluating the stock's current valuation relative to its perceived intrinsic value.

Historical Stock Returns for Indraprastha Gas

1 Day5 Days1 Month6 Months1 Year5 Years
+1.71%+6.43%-6.02%-4.66%-1.59%-17.98%
Indraprastha Gas
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Citi Maintains 'Buy' Rating on Indraprastha Gas with ₹260 Price Target

0 min read     Updated on 12 Dec 2025, 09:07 AM
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Reviewed by
Radhika SScanX News Team
Overview

Global brokerage firm Citi has maintained a 'Buy' rating for Indraprastha Gas, a gas distribution company, with a price target of ₹260.00. This recommendation suggests Citi's continued confidence in Indraprastha Gas's market position and growth prospects in the gas distribution sector.

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*this image is generated using AI for illustrative purposes only.

Indraprastha Gas has received a maintained 'Buy' rating from global brokerage firm Citi, which has set a price target of ₹260.00 for the gas distribution company.

Brokerage Recommendation

Citi's decision to maintain its positive stance on Indraprastha Gas demonstrates continued confidence in the company's business model and market position. The brokerage firm has kept its recommendation unchanged while setting a specific price target for investors.

Parameter Details
Brokerage Citi
Rating Buy (Maintained)
Price Target ₹260.00

Company Profile

Indraprastha Gas operates in the gas distribution sector and is classified as a large-cap company. The company's business focuses on the distribution of natural gas to various customer segments including domestic, commercial, and industrial users.

Investment Outlook

The maintained 'Buy' rating suggests that Citi continues to view Indraprastha Gas as an attractive investment opportunity at current market levels. The ₹260.00 price target provides investors with a specific benchmark for the stock's potential performance according to the brokerage's analysis.

Citi's recommendation reflects confidence in Indraprastha Gas's prospects. This positive outlook may be influenced by factors such as the company's market position, operational performance, or potential growth opportunities in the gas distribution sector.

Historical Stock Returns for Indraprastha Gas

1 Day5 Days1 Month6 Months1 Year5 Years
+1.71%+6.43%-6.02%-4.66%-1.59%-17.98%
Indraprastha Gas
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