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Deal▲ Bullish for Indraprastha Gas
IGL eyes acquisition route to expand CGD footprint in domestic and foreign markets
The brief
- IGL added 70 CNG stations, taking its network to 1,024
- Board recommended a final dividend of ₹1.5 a share
- Expansion plans and network growth matter to Indian city gas distribution investors
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| IGL | Fri, 25 Sept | −0.5% | −0.9% | 0.5× | −0.5% · Nifty +0.3% |
✗ Classifier read this as positive; IGL fell 0.9% against the Nifty on the day it traded.