IRM Energy Limited (IRMENERGY.BO)
IRM Energy Limited operates in the Regulated Gas industry of the Utilities sector, headquartered in Ahmedabad, GU, IN. The stock last traded at $296.95, up 0.51% on the session, giving a market capitalisation of $12.17B. Its beta of 2.12 implies it has historically moved more than the broad market.
IRM Energy Limited, an Indian company headquartered in Ahmedabad, was established in 2015 and previously operated as IRM Energy Private Limited until its name was updated in March 2022. As a specialized city gas distribution (CGD) firm, its core activities involve the establishment, construction, management, and enlargement of urban natural gas networks across India. The company's operational footprint spans regions such as Banaskantha, Fatehgarh Sahib, Diu & Gir Somnath, and both Namakkal and Tiruchirappalli. IRM Energy serves a diverse clientele, providing services to industrial facilities, commercial enterprises, residential consumers, and the automotive sector. As of March 31, 2023, its infrastructure supported 48,172 domestic connections, 179 industrial units, 248 commercial premises, and supplied 62 compressed natural gas (CNG) retail stations.
IRM Energy Limited is most often compared with the following Utilities names: