Indraprastha Gas corrected from highs above 600 levels, may break out from a Triangle pattern with a close above 460-470 levels. Short-term traders can monitor for a move towards 500 levels.
The EV target is to convert 5% of the total fleet to EVs in the next six months. It will reach 50% in three years and 100% in five years. The scheme is applicable to cab aggregators, delivery service providers and e-commerce entities having more than 25 vehicles in their fleet.
Indraprastha Gas, incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 34646.54 Crore) operating in Gas & Petroleum sector.