IGL:NSEIndraprastha Gas Limited Analysis

Indraprastha Gas Limited is trading at ₹155.49, notably below its 20‑day (₹164.56), 50‑day (₹173.31) and 200‑day (₹198.92) simple moving averages, signaling a bearish technical backdrop. However, the RSI of 35 points to oversold conditions, the MACD remains bearish and the stock sits just above a firm support level of ₹152.20 with resistance near ₹173.40. Volatility is elevated at roughly 32% over the past month, yet the beta is low (≈0.19), indicating limited market‑wide risk. On the valuation side, the PE of 13.1 is well under the industry average of 23.3, and analysts project a 35% upside to a median target of ₹212.5, while the dividend yield stands at 3.03% with a modest payout ratio.