Mahanagar Gas Share Price (MGL)
Check the latest share price of Mahanagar Gas, along with the price target, peer comparison, quarterly results, recent news, expert analysis, shareholding pattern, and other key fundamentals to make informed investment decisions.
as on 04:01PM, 13 Jun 2025
NSE
Mahanagar Gas Stock Performance
Get live Mahanagar Gas share price, day's high and low, historical returns, and market stats.
Day's Low
Day's High
₹1,307.1Day's Price Range₹1,352.252 Week's Low
52 Week's High
₹1,075.2552-Week Price Range₹1,988
| Returns % | |
| 1 Month Return | -2.92 % |
| 3 Month Return | + 2.51 % |
| 1 Year Return | -8.28 % |
| 3 Year Return | + 79.21 % |
| 5 Year Return | + 25.68 % |
| Market Stats | |
| Previous Close | ₹1,370.50 |
| Open | ₹1,341.00 |
| Volume | 9.75L |
| Upper Circuit | ₹1,507.50 |
| Lower Circuit | ₹1,233.50 |
Mahanagar Gas Fundamentals & Key Indicators
Check Mahanagar Gas market cap, PE, PB, PEG ratios, dividend yield, and other key fundamental indicators.
Market Cap
₹13,280.67 Cr
Return on Equity (ROE)
27.79
PE Ratio (TTM)
12.76
Return on capital employed (ROCE)
36.27
Industry PE ratio
18.41
Beta (LTM)
1.26
P/B Ratio
2.62
Dividend Yield
2.2
PEG Ratio
-0.52
Quarterly Earnings Growth YOY
-5.21
EPS (TTM)
129.21
Sector
Gas Distribution
Book Value
519.36
Technical Analysis
Bearish
View Technical Analysis
How to invest in Mahanagar Gas?
Investing in Mahanagar Gas is simple. You can open a free INDstocks investment account on the INDmoney App. Search for Mahanagar Gas or MGL on the app to check live prices of the stock and click on Buy or SIP. You can invest by selecting the number of shares or set up a fixed SIP to invest every month or week.
For example: You can buy 10 shares of Mahanagar Gas or start an SIP based on the market price on each investment date.
You can easily transfer money to your stock account via the INDmoney app and start investing in stocks like Mahanagar Gas with just a few clicks!
Mahanagar Gas Stock's Interest Amongst Investors
Mahanagar Gas Valuation
Track how Mahanagar Gas P/E has moved over time to understand its valuation trends.
Mahanagar Gas in the last 5 years
Lowest (0.00x)
September 29, 2023
Today (12.76x)
June 13, 2025
Industry (18.41x)
June 13, 2025
Highest (16.72x)
October 3, 2024
Today’s Price to Earnings Ratio: 12.76x
Mahanagar Gas Stock Recommendation
Get updated buy, sell, and hold recommendations by analysts on Mahanagar Gas.
based on 29 analysts
65.52%
Buy
17.24%
Hold
17.24%
Sell
65.52% of analysts recommend a 'BUY' rating for Mahanagar Gas. Average target price of ₹1524.24
Source: S&P Global Market Intelligence
Mahanagar Gas Share Price Target
Get share price movements and forecasts by analysts on Mahanagar Gas.
Mahanagar Gas price forecast by 29 analysts
Upside of13.37%
High
₹1960
Target
₹1524.24
Low
₹1020
Mahanagar Gas target price ₹1524.24, a slight upside of 13.37% compared to current price of ₹1344.5. According to 29 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Mahanagar Gas revenue growth forecast
Expected growth rate Q1, FY2027:32.45%
Forecast
Actual
Including amortisation and stock based compensations
Mahanagar Gas EPS growth forecast
EPS estimate Q1, FY2027:
Forecast
Actual
Source: S&P Global Market Intelligence
Mahanagar Gas Financial Results
Get the annual and quarterly financial summary of Mahanagar Gas, including revenue, profit, loss and more.
Indices Featuring Mahanagar Gas Stock
Check stock indices that include Mahanagar Gas.
Mahanagar Gas Earnings and Dividends
View detailed summary of the earnings and dividend history of Mahanagar Gas.
Mahanagar Gas Ltd Earnings Results
Mahanagar Gas Ltd’s net profit fell -5.2% since last year same period to ₹247.04Cr in the Q4 2024-2025. On a quarterly growth basis, Mahanagar Gas Ltd has generated 11.66% jump in its net profits since last 3-months.
Read More about Earnings ResultsMahanagar Gas Ltd Dividends January,2025
In the quarter ending December 2024, Mahanagar Gas Ltd has declared dividend of ₹12 - translating a dividend yield of 2.23%.
Read More about Dividends
Mahanagar Gas Shareholding Pattern
View the shareholding pattern breakup of promoters, FIIs, DIIs, and retail investors in Mahanagar Gas.
| Investors | Holdings % | Quarterly Trend | 3M change |
|---|---|---|---|
| Promoter Holdings | 32.5% | 0.00 | |
| Foreign Institutions | 23.76% | 0.00 | |
| Mutual Funds | 13.27% | 0.00 | |
| Retail Investors | 9.92% | 0.00 | |
| Others | 20.55% | 0.00 |
Mahanagar Gas vs Peers
Compare market cap, revenue, PE, and other key metrics of Mahanagar Gas with its industry peers.
Company | Analyst View | Market Cap(in ₹ Cr) | 5 Year CAGR | Debt to Asset Ratio | Net Profit(in ₹ Cr) | Yearly Revenue(in ₹ Cr) |
|---|---|---|---|---|---|---|
| BUY | 13,280.67 | 5.14% | 0.52 | 1,276 | 6,290 | |
| BUY | 27,843.23 | -3.17% | 0.51 | 1,983 | 14,000 | |
| HOLD | 32,330.24 | 12.59% | 0.52 | 1,143 | 15,690 | |
| HOLD | 18,644.36 | 9.54% | 0.51 | 2,183 | 17,294 | |
| HOLD | 45,150.00 | 3.33% | 0.59 | 3,527 | 52,729 |
Mahanagar Gas News & Key Events
Latest news and events in one place to help you make informed investing decisions in Mahanagar Gas.
Mahanagar Gas Maintains Strong Growth Outlook - 13 Jun, 2025
Mahanagar Gas is rated a BUY with a target price of Rs 1760, reflecting a 28% upside. The company anticipates a 10% volume CAGR from FY25-27, driven by CNG demand and expansion plans, including 250 new CNG stations by FY30. Despite expected declines in FY25 EBITDA/PAT, long-term growth is supported by new ventures in battery manufacturing, LNG, and CBG.ICICI Securities Bullish on Mahanagar Gas Stock - 11 Jun, 2025
ICICI Securities has a buy rating on Mahanagar Gas, targeting Rs 1,705, citing strong financials and growth prospects. The stock shows positive technical indicators as well.Mahanagar Gas Gains Positive Outlook Amid Market Changes - 10 Jun, 2025
Mahanagar Gas Ltd (MGL) receives positive ratings from Morgan Stanley and Motilal Oswal, highlighting growth potential amid lower crude prices and attractive valuations. Analysts expect significant demand growth in Mumbai's gas market, despite challenges with APM gas allocations.Mahanagar Gas Shares Rise Amid Analyst Insights - 09 Jun, 2025
Mahanagar Gas Ltd shares rose significantly, with Citi maintaining a Buy rating and projecting over 10% volume CAGR. Despite mixed analyst views, the stock gained nearly 5.7% on June 9, 2025.Nuvama Lowers Target Price for Mahanagar Gas - 08 Jun, 2025
Nuvama Institutional Equities has reduced its target price for Mahanagar Gas Ltd to ₹1,224, citing concerns over sourcing mix deterioration, margin pressures, and policy uncertainties. Despite expected volume growth, the brokerage maintains a Reduce rating due to rising input costs and potential valuation de-rating risks in the City Gas Distribution sector.Mahanagar Gas Ltd Shows Strong Upside Potential - 05 Jun, 2025
Mahanagar Gas Ltd (MGL) is showing strong momentum, bouncing back from support at ₹1,260. A breakout above ₹1,310–1,315 could target ₹1,390, supported by positive RSI trends and accumulation signals.Gas Price Reduction Benefits Mahanagar Gas Ltd - 01 Jun, 2025
A recent gas price reduction, the first since April 2023, will support city gas retailers, including Mahanagar Gas Ltd, facing input cost pressures.NSE Excludes F&O Contracts for Certain Securities - 21 May, 2025
The National Stock Exchange of India announced the exclusion of futures and options contracts on five listed securities, effective August 1, 2025, following SEBI's revised eligibility norms. This may impact trading strategies for Mahanagar Gas Ltd (MGL) investors.
Insights on Mahanagar Gas Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 1 Year
In the last 1 year, MGL has outperformed top 5 stocks with highest market-cap in Natural Gas Utilities
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 10.27% to 13.27% in Mar 2025 quarter
NO EFFECTAgainst Peers
In the last 3 years, GAIL India Ltd has given 95.3% return, outperforming this stock by 16.1%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 32.50% of holdings in Mar 2025 quarter
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 25.75% to 23.76% in Mar 2025 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, MGL stock has moved down by -5.1%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 10.64% to 9.92% in Mar 2025 quarter
About Mahanagar Gas
Revenue: ₹1,964.38Cr as on March 2025 (Q4 FY25)
Net Profit: ₹247.01Cr as on March 2025 (Q4 FY25)
Listing date: 01 Jul, 2016
Chairperson Name: Sandeep Kumar Gupta
| Organisation | Mahanagar Gas Ltd |
| Industry | Gas Distribution |
| CEO | Sandeep Kumar Gupta |
| E-voting on shares | Click here to vote |
Mutual Funds that own Mahanagar Gas
Check out the Mutual Funds with significant holdings in Mahanagar Gas.
FAQs
What is Mahanagar Gas share price today?
Mahanagar Gas share price today stands at ₹1344.5, Open: ₹1341, Previous Close: ₹1370.5, High: ₹1352.2, Low: ₹1307.1, 52 Week High: ₹1988, 52 Week Low: ₹1075.25.
What is today's traded volume of Mahanagar Gas?
Today's traded volume of Mahanagar Gas is 9.75L. Which means that 9.75L shares of Mahanagar Gas were bought and sold on the stock market during today's trading session.
What is Mahanagar Gas's market cap today?
Today's market capitalisation of Mahanagar Gas is ₹13,280.67 Cr. Market cap or market capitalisation is the total value of a company’s outstanding shares in the stock market, calculated by multiplying the current share price by the total number of shares issued by the company.
What is the 52 week high and 52 week low range of Mahanagar Gas?
Mahanagar Gas’s 52 week high is ₹1988 and 52 week low is ₹1075.25. The current share price of Mahanagar Gas is ₹1344.5, which is -32.37% down from its 52 week high and 25.04% up from its 52 week low.