Indraprastha Gas share price jumps 19% in 2023 but brokerages have a bearish outlook on the stock; here's what they say
IGL share price: Adverse pricing, high gas prices, electric vehicles and project delays as key headwinds for Indraprastha Gas.
Shares of Indraprastha Gas (IGL) have strongly outperformed the benchmark Sensex this year so far but many analysts and brokerage firms believe the road ahead may not be smooth for the stock. IGL stock is up 19 per cent in the year so far (as of May 15 close) against a two per cent gain in the benchmark Sensex.
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