India's Indraprastha Gas rises on foray into biofuel segment

Indraprastha Gas

26/11/2025 06:09

** Shares of Indraprastha Gas IGAS.NS rise as much as 2% to 198.9 rupees; stock currently up 1.1%

** City gas distributor enters JV with CEID for setting up of biogas plant

** Shareholding in JV between co and CEID is 50% each respectively

** JV marks IGAS' entry into compressed biogas and biofuel segment, diversifying its portfolio beyond the traditional natural gas distribution

** YTD, stock down 5.14%

 (Reporting by Mridula Kumar in Bengaluru)

 ((Mridula.Kumar@thomsonreuters.com;))