Indraprastha Gas share price up 8% in 2 days after Q4 results; Motilal Oswal upgrades the stock to a buy; details here

Indraprastha Gas share price jumped nearly 4 per cent in morning trade on the BSE on Tuesday, April 29, extending gains to the second consecutive session. A day after rising 4 per cent, Indraprastha Gas share price opened at ₹187 against its previous close of ₹185.40 and rose 3.7 per cent to an intraday high of ₹192.20. In two days, Indraprastha Gas share price has jumped nearly 8 per cent.

The stock has been witnessing healthy buying momentum after it reported its March quarter (Q4) results.

Indraprastha Gas Q4 results 2025

After market hours on April 27, the company said its Q4FY25 standalone profit fell 8.8 per cent year-on-year (YoY) to ₹349.23 crore against ₹382.80 crore in the same quarter last year. However, sequentially, or on a quarter-on-quarter (QoQ) basis, its profit rose 22.2 per cent compared to ₹285.82 crore in Q3FY25.

Revenue from operations for the quarter under review stood at ₹4,340.50, up 9.5 per cent YoY against ₹3,964.42 crore and 4.7 per cent QoQ against ₹4,146.39 crore.

(This is a developing story. Please check back for updates.)