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EnergyMedium impactAfter close

Indraprastha Gas shares rise on joint venture announcement

after close1 source ↓written by the desknot a recommendation

Gas Ltd gained
2%
following the announcement
26 November
equity
50%

Shares of Indraprastha Gas Ltd gained 2% on 26 November following the announcement of a joint venture with CEID Consultants & Engineering. The JV will focus on developing compressed biofuel and biogas projects, with both partners holding 50% equity. This aligns with IGL's strategy to diversify into clean energy as demand for biofuels increases.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 26 Nov 2025, 16:04 IST.

Sourcesnews.google.com

The market after the news

IGL closed −0.8% on the day of the news, from ₹199.23 to ₹197.72; Nifty 0.0% over the same session.

Bulletin at 16:04 IST on 26 Nov 2025. Every change is measured from ₹199.23, the last close before it, on 26 Nov. Nifty 50 is measured over the same sessions.

  • IGL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
IGL closes around the bulletin against the close before the news, with Nifty 50 rebased to it181.22199.23217.24axis spans 20%before the news · 26 Nov199.23Nifty 50IGLbulletinD0+1+3+520 Nov2 Dec11 DecFutures open interestpeak 1.3 crReference close ₹199.23. 16 sessions from 20 Nov to 11 Dec; the price axis spans 20 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before26 Nov₹199.23basebase
On the day27 Nov₹197.72▼ −0.8%0.0%−0.8 pp difference
+1 session28 Nov₹199.38▲ +0.1%0.0%+0.1 pp difference
+3 sessions2 Dec₹198.43▼ −0.4%▼ −0.7%+0.3 pp difference
+5 sessions4 Dec₹193.71▼ −2.8%▼ −0.7%−2.1 pp difference
Gap at the open, % · ₹
▲ +0.4%+0.76 on 27 Nov
Day's range, % · ₹
2.4%≈ 4.8 high to low
Volume on the day
0.33×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

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