Business Standard

Indraprastha Gas up on High Court relief

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BS Reporter Mumbai

The stock surged further to a high of Rs 164 - up 3% from the previous close. The stock finally ended with a gain of 2% at Rs 162. Over 66,449 shares changed hands at the counter today.
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(Updated at 1101 hrs)

Indraprastha Gas has advanced this morning after the company got a relief from the Delhi High Court.

The stock opened at Rs 159 and touched a high of Rs 161. The scrip is now trading at Rs 160, up 1% from the previous close. The counter has clocked volumes of 14,443 shares on the BSE.

This relief will allow the city gas distributor to continue its operations in Ghaziabad despite the sector regulating its licence application.

 

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First Published: Sep 14 2009 | 3:52 PM IST

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