📅 Indraprastha Gas Limited Seasonality

Indraprastha Gas Limited (IGL) has ended October higher in 12 of the last 22 years (55%), with an average October move of -0.4%. The strongest October was 2019 (+12.0%) and the weakest was 2024 (-24.8%).

IGL · data since 2004 (23 yrs) Prices through 16 Oct 2026
12/22
Octobers closed higher
-0.4%
Avg October move
-1.8%
October so far
August
Best month · avg +5.5%
February
Weakest month · avg -1.9%
23
Years of history
Current month: October 2026 historically up 55% of years (12/22) avg -0.4% best 2019 +12.0% worst 2024 -24.8% so far -1.8%

Indraprastha Gas Limited's historically strongest month is August — up in 18 of 23 years (78%) with an average gain of +5.5%. The weakest month has been February, averaging -1.9% with gains in only 9 of 23 years.

📊 Average return by month

2004–2026 · completed months only
Bars above the zero line are months IGL typically gained; hover for hit rates.

🗓️ Month-by-month returns (2004–2026)

dashed cell = current month to date
Year JanFebMarAprMayJunJulAugSepOctNovDec
Avg -0.2-1.9+0.4+1.4+0.3+1.8+3.8+5.5+1.3-0.4+2.3+4.1
Up % 64%39%57%61%52%52%52%78%57%55%59%64%
2026 -8.6 -4.0 -14.8 +14.0 -3.3 +2.7 -7.8 -1.0 -3.2 -1.8 · ·
2025 -2.9 -6.1 +7.2 -5.2 +7.3 +5.4 -5.9 +0.8 +0.9 +1.6 -5.9 -2.4
2024 +2.9 -1.0 +1.1 +8.9 -5.8 +14.0 +8.8 +0.9 +1.0 -24.8 -22.2 +27.1
2023 +2.8 +3.1 -2.3 +15.5 -3.0 -1.5 -2.2 +1.0 -2.7 -15.9 +1.8 +7.5
2022 -16.5 -11.7 +7.6 -5.6 +7.3 -5.9 -2.7 +21.0 -5.3 +7.9 +3.4 -6.5
2021 +2.7 -4.6 +4.1 -0.7 +3.9 +5.5 +0.0 -2.1 -2.3 -11.1 +2.2 -2.9
2020 +18.5 -12.8 -12.3 +22.9 -1.0 -6.3 -8.7 -2.3 -1.9 +4.0 +23.4 +1.2
2019 +6.1 +3.3 +5.3 +1.4 +7.7 -6.6 -3.7 +10.7 +4.2 +12.0 +5.6 +3.6
2018 +3.2 +0.0 -8.3 +2.9 -7.9 -4.0 +19.5 -4.5 -16.3 +10.0 -1.6 +1.6
2017 +2.3 +11.0 -2.7 +4.2 +1.6 -1.6 +11.6 +8.2 +15.8 +7.7 +3.0 +2.8
2016 +5.8 -9.2 +12.0 +0.6 -2.6 +12.4 +3.3 +23.6 -2.1 +10.5 -3.2 +10.8
2015 +2.4 -5.4 -4.5 -1.8 -1.8 +3.3 +15.9 -1.4 +1.3 +2.4 -1.0 +9.3
2014 -7.8 +2.2 +18.1 -4.1 +12.4 +11.3 +3.9 +1.3 +12.7 -4.9 +9.7 +3.6
2013 +4.3 -1.6 +8.4 +8.3 -8.0 -3.0 -2.1 +0.3 +4.7 +4.1 -0.8 -3.4
2012 -4.8 +4.0 +2.0 -42.4 -11.5 +23.8 -0.3 +2.3 +10.8 -2.9 +3.4 -6.3
2011 -9.2 -6.7 +3.6 +7.2 +6.5 +11.3 +8.4 +5.3 -0.9 -2.1 -3.5 -6.5
2010 -0.9 +5.2 +4.2 +7.6 +2.2 +8.1 +16.5 +13.6 -9.3 +7.7 +1.0 +2.9
2009 +6.1 -5.1 +7.1 +7.8 +12.9 +1.3 +9.2 +16.9 -2.4 -3.7 +7.1 +18.5
2008 -23.9 +12.4 -10.8 -6.1 +0.9 -11.4 +2.8 +5.4 +1.5 -10.1 -1.1 -2.1
2007 +1.7 -9.4 -7.3 -0.4 +19.3 +2.5 -3.9 +2.6 +11.2 +1.7 +19.0 +9.8
2006 +5.2 -2.4 +4.8 -3.8 -10.6 -11.4 -4.5 +11.9 +1.1 +4.5 -3.4 -1.8
2005 +7.1 +4.9 -5.2 +0.3 +2.8 -0.3 +8.0 +9.1 +11.2 -6.9 +8.9 +3.7
2004 · -9.6 -8.0 +1.6 -22.1 -8.8 +21.5 +3.7 +0.4 -1.4 +5.0 +18.9

🏆 Top 25 seasonal picks — October 2026

ranked walk-forward on historical consistency · median stock so far: -1.9%
#StockRecordWin %Avg returnSo far
1 MUTHOOTFIN Muthoot Finance Limited 13/15 yrs up 87% +4.4% -5.1%
2 POKARNA Pokarna Limited 9/10 yrs up 90% +9.7% +1.2%
3 STYRENIX Styrenix Performance Materials Limited 18/22 yrs up 82% +3.7% +2.3%
4 TBZ Tribhovandas Bhimji Zaveri Limited 12/14 yrs up 86% +12.3% +19.5%
5 RAMCOCEM The Ramco Cements Limited 17/22 yrs up 77% +0.6% -4.8%
6 OBEROIRLTY Oberoi Realty Limited 12/15 yrs up 80% +6.1% -3.5%
7 PDSL PDS Limited 9/11 yrs up 82% +9.4% -2.8%
8 MCX Multi Comm. Exc. 11/14 yrs up 79% +8.9% -4.2%
9 INDOTECH Indo Tech Transformers Limited 15/20 yrs up 75% +6.7% -3.8%
10 SUZLON Suzlon Energy Limited 15/20 yrs up 75% +4.8% +6.4%
11 RSYSTEMS R Systems International Limited 15/20 yrs up 75% +4.2% -6.6%
12 IFBAGRO IFB Agro Industries Limited 16/22 yrs up 73% +11.7% -3.1%
13 GMDCLTD Gujarat Mineral Development Corporation Limited 16/22 yrs up 73% +8.5% -7.2%
14 USHAMART Usha Martin Limited 16/22 yrs up 73% +6.0% -1.5%
15 GSFC Gujarat State Fertilizers & Chemicals Limited 16/22 yrs up 73% +4.6% -1.3%
16 ICICIBANK ICICI Bank Limited 16/22 yrs up 73% +4.5% +5.7%
17 SHRIRAMFIN Shriram Finance Limited 16/22 yrs up 73% +2.8% -4.3%
18 KABRAEXTRU Kabra Extrusion Technik Limited 16/22 yrs up 73% +2.2% +0.4%
19 HIRECT Hind Rectifiers Limited 14/19 yrs up 74% +4.7% -2.7%
20 TI Tilaknagar Industries Limited 12/16 yrs up 75% +9.5% +2.0%
21 KECL Kirloskar Electric Company Limited 12/16 yrs up 75% +8.0% -1.9%
22 IMFA Indian Metals & Ferro Alloys Limited 12/16 yrs up 75% +8.0% -0.9%
23 DBREALTY Valor Estate Limited 12/16 yrs up 75% +7.4% -9.7%
24 ATULAUTO Atul Auto Limited 10/13 yrs up 77% +8.3% -5.6%
25 MINDTECK Mindteck (India) Limited 8/10 yrs up 80% +5.1% -2.8%
“So far” = return in the current (incomplete) period. Full methodology and the past-performance record of these lists: Seasonality hub →
Current quarter: Q4 2026 historically up 59% of years (13/22) avg +5.9% so far -1.8%

By quarter, Q3 (Jul–Sep) has been the strongest for IGL: up in 17 of 23 years, averaging +10.9%. Q1 (Jan–Mar) has been the softest (-1.1% on average). The current quarter (Q4) has historically closed higher 59% of the time.

📊 Average return by quarter

Q1 = Jan–Mar … Q4 = Oct–Dec
Calendar quarters, close-to-close. Hover for hit rates.

🗓️ Quarter-by-quarter returns

dashed cell = current quarter to date
Year Q1Q2Q3Q4
Avg -1.1+3.4+10.9+5.9
Up % 59%65%74%59%
2026 -25.2 +13.2 -11.6 -1.8
2025 -2.3 +7.3 -4.3 -6.7
2024 +3.0 +16.9 +10.9 -25.6
2023 +3.6 +10.4 -3.9 -8.0
2022 -20.7 -4.6 +11.5 +4.3
2021 +2.0 +8.9 -4.4 -11.8
2020 -9.4 +14.0 -12.5 +29.9
2019 +15.4 +2.0 +11.1 +22.4
2018 -5.3 -9.0 -4.5 +10.0
2017 +10.5 +4.1 +39.8 +14.1
2016 +7.7 +10.2 +25.0 +18.5
2015 -7.5 -0.4 +15.7 +10.8
2014 +11.3 +20.0 +18.6 +8.1
2013 +11.3 -3.5 +2.8 -0.2
2012 +1.0 -36.9 +13.0 -6.0
2011 -12.3 +27.0 +13.0 -11.7
2010 +8.6 +19.0 +20.1 +12.0
2009 +7.7 +23.2 +24.7 +22.3
2008 -23.8 -16.1 +10.0 -13.0
2007 -14.6 +21.7 +9.7 +32.8
2006 +7.6 -23.8 +8.1 -0.8
2005 +6.5 +2.8 +31.0 +5.2
2004 · -27.8 +26.4 +23.0

🏆 Top 25 seasonal picks — Q4 2026

ranked walk-forward on historical consistency · median stock so far: -1.9%
#StockRecordWin %Avg returnSo far
1 RHIM RHI MAGNESITA INDIA LIMITED 13/14 yrs up 93% +14.0% -3.8%
2 APOLLOHOSP Apollo Hospitals Enterprise Limited 19/22 yrs up 86% +6.2% -3.4%
3 RSYSTEMS R Systems International Limited 17/20 yrs up 85% +24.7% -6.6%
4 STAR Strides Pharma Science Limited 18/22 yrs up 82% +6.3% -6.7%
5 DRREDDY Dr. Reddy's Laboratories Limited 18/22 yrs up 82% +4.5% +0.0%
6 PROZONER Prozone Realty Limited 12/14 yrs up 86% +19.8% -3.9%
7 POLYMED Poly Medicure Limited 12/14 yrs up 86% +9.2% -4.8%
8 INDOTECH Indo Tech Transformers Limited 16/20 yrs up 80% +23.2% -3.8%
9 TI Tilaknagar Industries Limited 13/16 yrs up 81% +22.7% +2.0%
10 FIEMIND Fiem Industries Limited 15/19 yrs up 79% +14.2% +2.2%
11 BSOFT BIRLASOFT LIMITED 17/22 yrs up 77% +21.8% +17.1%
12 SONATSOFTW Sonata Software Limited 17/22 yrs up 77% +20.2% -4.0%
13 FACT Fertilizers and Chemicals Travancore Limited 17/22 yrs up 77% +20.1% -3.3%
14 TVSHLTD TVS Holdings Limited 17/22 yrs up 77% +15.4% -5.0%
15 APARINDS Apar Industries Limited 17/22 yrs up 77% +15.1% -7.8%
16 STYRENIX Styrenix Performance Materials Limited 17/22 yrs up 77% +11.0% +2.3%
17 EPL EPL Limited 17/22 yrs up 77% +10.4% -2.1%
18 TORNTPHARM Torrent Pharmaceuticals Limited 17/22 yrs up 77% +8.5% -5.0%
19 WIPRO Wipro Limited 17/22 yrs up 77% +8.4% +16.3%
20 HINDALCO Hindalco Industries Limited 17/22 yrs up 77% +7.6% -3.6%
21 VTL Vardhman Textiles Limited 17/22 yrs up 77% +7.4% -0.5%
22 HDFCBANK HDFC Bank Limited 17/22 yrs up 77% +6.2% +2.8%
23 COROMANDEL Coromandel International Limited 17/22 yrs up 77% +5.9% +0.0%
24 ASIANPAINT Asian Paints Limited 17/22 yrs up 77% +4.3% -2.9%
25 JPOLYINVST Jindal Poly Investment and Finance Company Limited 10/12 yrs up 83% +34.9% +2.1%
“So far” = return in the current (incomplete) period. Full methodology and the past-performance record of these lists: Seasonality hub →
❓ IGL seasonality — FAQ
How often does Indraprastha Gas Limited rise in October?
Historically IGL has closed October with a gain in 12 out of 22 years — a 55% hit rate — averaging -0.4% for the month (data since 2004).
Which is the best month to buy Indraprastha Gas Limited historically?
Based on 23 years of data, August has been IGL's strongest month: positive in 78% of years with an average return of +5.5%. Past seasonality does not guarantee future results.
Which is the weakest month for Indraprastha Gas Limited?
February has historically been the weakest month for IGL, with an average move of -1.9% and gains in just 9 of 23 years.
Which quarter is historically strongest for Indraprastha Gas Limited?
Q3 (Jul–Sep) — positive in 17 of 23 years with an average return of +10.9%.
Does seasonality guarantee future returns?
No. Seasonality is a historical tendency, not a prediction. It reflects how a stock happened to trade in past calendar periods and can break at any time. Use it as one research input alongside fundamentals and technicals, and consult a SEBI-registered adviser before investing.

Methodology: returns are close-to-close over calendar months and quarters, computed from adjusted daily prices since 2004. A period's return is only counted when the immediately preceding period also traded. Statistics cover completed periods; the current period is shown separately as “so far”. Seasonality is a historical tendency, not a prediction or investment advice. Consult a SEBI-registered adviser before investing.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI