07 Oct 2025 | 3 Mins Read
Indraprastha Gas shares rise 6% on Tuesday following gains
Flipitmoney
Indraprastha Gas Ltd (IGL) shares surged up to 6% on October 7 after sources said tax implications on gas sourced from Gujarat will change from 15% VAT to 2% CST, effective October 1. This move is expected to improve IGL's EBITDA by 20% and save ₹360 crore. IGL shares are trading 5.7% higher at ₹220.