Indraprastha Fuel (IGL) shares shall be in focus of the inventory market traders on Tuesday, 1 September 2025, after the corporate’s board of administrators introduced that they’re establishing a photo voltaic plant three way partnership in Rajasthan in collaboration with Rajasthan Rajya Vidyut Utpadan Nigam Restricted (RVUNL), in response to an trade submitting.
“Board in its assembly held on 29 March 2025, permitted the establishing of Photo voltaic Plant within the State of Rajasthan via a Joint Enterprise with M/s Rajasthan Rajya Vidyut Utpadan Nigam Restricted (RVUNL),” the corporate knowledgeable BSE via the submitting.
Based on the submitting information, the three way partnership between IGL and RVUNL may have an fairness participation from each companions within the ratio of 74:26, marking a 74% and 24% stake within the enterprise, respectively.
The corporate would have an preliminary paid-up capital of ₹5,00,000 or 5 lakh, which shall be divided into 50,000 fairness shares of ₹10 apiece. IGL will nominate 4 administrators for the JV’s board, whereas RVUNL will nominate two administrators within the enterprise.
Indraprastha Fuel Share Worth Development
Indraprastha Fuel (IGL) share value closed 2.08% larger at ₹210.95 after Monday’s inventory market session, in comparison with ₹206.65 on the earlier market shut. The corporate introduced its three way partnership transfer after the market working hours on 1 September 2025.
IGL shares have given inventory market traders greater than 5.29% returns on their investments within the final 5 years. Nevertheless, the pure gasoline firm’s shares have misplaced 22.92% within the final one-year interval.
On a year-to-date (YTD) foundation, the inventory has gained 2.85% in 2025 and has gained greater than 4% within the final one-month interval. Within the final 5 inventory market periods, IGL inventory is buying and selling 0.85% larger on the Indian inventory market.
IGL shares hit their 52-week excessive stage at ₹285.30 on 2 September 2024, whereas the 52-week low stage was at ₹153.25 on 21 November 2024, in response to the information collected from the BSE web site. The corporate’s market capitalisation (M-Cap) stood at ₹29,533.03 crore as of the inventory market shut on Monday, 1 September 2025.
Learn all tales by Anubhav Mukherjee
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