Mahanagar Gas Ltd share price logo

Mahanagar Gas Share Price (MGL)

₹1313.72.2%

as on

| Source : NSE

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Mahanagar Gas Stock Performance

as on August 14, 2025 at 4:01 PM IST

  • Day's Low

    Day's High

    ₹1,310
    ₹1,344.1
    downward going graph

    0.28%

    Downside

    2.31%

    Upside

    downward going graph
  • 52 Week's Low

    52 Week's High

    ₹1,075.25
    ₹1,988
    downward going graph

    18.15%

    Downside

    51.33%

    Upside

    downward going graph
Previous Close₹1,343.30
Open₹1,333.40
Volume2.91L
Upper Circuit₹1,590.30
Lower Circuit₹1,060.30
Day's Low1,310
Day's High1,344.1
52 Week Low1,075.25
52 Week High1,988
1 Month Return-10.91 %
3 Month Return-4.26 %
1 Year Return-27.74 %
3 Year Return+ 42.54 %
5 Year Return+ 37.17 %

Mahanagar Gas Stock Fundamentals & Key Indicators

Check Mahanagar Gas market cap, PE, PB, PEG ratios, dividend yield, and other key fundamental indicators.

Market Cap

₹12,976.44 Cr

Return on Equity (ROE)

18.94

PE Ratio (TTM)

12.13

Return on capital employed (ROCE)

24.23

Industry PE ratio

16.57

Beta (LTM)

1.25

P/B Ratio

2.33

Dividend Yield

2.16

PEG Ratio

-0.88

Quarterly Earnings Growth YOY

10.05

EPS (TTM)

105.33

Sector

Gas Distribution

Book Value

595.28

Technical Analysis

Mahanagar Gas Stock's Interest Amongst Investors

-1.72%

Period Aug 15, 2025 to Jul 16, 2025. Change in 30 Days vs previous period

Investment in Mahanagar Gas Ltd Shares on INDmoney has dropped by -1.72% over the past 30 days, indicating reduced transactional activity.

-33%

Period Aug 15, 2025 to Jul 16, 2025. Change in 30 Days vs previous period

Search interest for Mahanagar Gas Ltd Stock has decreased by -33% in the last 30 days, reflecting a downward trend in search activity.

Mahanagar Gas Stock Valuation

Track how Mahanagar Gas P/E has moved over time to understand its valuation trends.

Mahanagar Gas in the last 5 years

  • Overview

  • Trends

Lowest (0.00x)

September 29, 2023

Today (12.13x)

August 14, 2025

Industry (16.57x)

August 14, 2025

Highest (16.72x)

October 3, 2024

LowHigh

Today’s Price to Earnings Ratio: 12.13x

Mahanagar Gas Stock Recommendation

Get updated buy, sell, and hold recommendations by analysts on Mahanagar Gas.

based on 29 analysts

BUY

65.52%

Buy

13.79%

Hold

20.69%

Sell

65.52% of analysts recommend a 'BUY' rating for Mahanagar Gas. Average target price of ₹1550.69

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 of18.04%

High

₹1981

Target

₹1550.69

Low

₹1100

Mahanagar Gas target price ₹1550.69, a slight upside of 18.04% compared to current price of ₹1313.7. According to 29 analysts rating.

Source: S&P Global Market Intelligence

Mahanagar Gas Ltd Financial Results

Get the annual and quarterly financial summary of Mahanagar Gas Ltd, including revenue, profit, loss and more.

Value in ₹ crore
DetailsQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26
Revenue

(in ₹ Cr)

1666 (0%)1786 (7%)1847 (3%)1964 (6%)2083 (6%)
Net Income

(in ₹ Cr)

289 (0%)284 (2%)221 (22%)247 (12%)318 (29%)
Net Profit Margin17.34% (0%)15.87% (8%)11.97% (25%)12.57% (5%)15.26% (21%)
Value in ₹ crore
DetailsFY22FY23FY24FY25
Total Assets

(in ₹ Cr)

5275 (0%)6082 (15%)7308 (20%)8342 (14%)
Total Liabilities

(in ₹ Cr)

1678 (0%)1948 (16%)2169 (11%)2462 (13%)
Value in ₹ crore
DetailsFY21FY22FY23FY24FY25
Operating Cash Flow

(in ₹ Cr)

806 (0%)904 (12%)969 (7%)1563 (61%)1368 (12%)

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 jumped 10.08% since last year same period to ₹317.89Cr in the Q1 2025-2026. On a quarterly growth basis, Mahanagar Gas Ltd has generated 28.68% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Mahanagar Gas Ltd Dividends May,2025

    In the quarter ending March 2025, Mahanagar Gas Ltd has declared dividend of ₹18.00 per share on 06 May 2025 - translating a dividend yield of 3.57%.

    Read More about Dividends

Indices Featuring Mahanagar Gas Stock

Check stock indices that include Mahanagar Gas.

Nifty Small 100

₹17,547.45

-0.38 (-66.5%)

S&P BSE 250 SmallCap

₹6,667.16

-0.46 (-30.55%)

Nifty Energy

₹34,469.05

-0.78 (-270.3%)

S&P BSE Energy

₹11,150.35

-1.02 (-114.43%)

Nifty Smallcap 250

₹16,656.75

-0.43 (-71.15%)

Nifty MidSmallcap 400

₹19,454.20

-0.3 (-59.35%)

Nifty 500

₹22,680.25

-0.08 (-17.85%)

BSE 500

₹35,604.49

-0.08 (-27.42%)

BSE Small-Cap

₹51,788.88

-0.59 (-306.96%)

S&P BSE 400 MidSmallCap

₹11,741.07

-0.21 (-24.92%)

Mahanagar Gas Stock Shareholding Pattern

View the shareholding pattern breakup of promoters, FIIs, DIIs, and retail investors in Mahanagar Gas.

InvestorsHoldings %Quarterly Trend3M change
Promoter Holdings
32.5%
0.00
Foreign Institutions
25.48%
7.26
Mutual Funds
10.86%
-18.20
Retail Investors
9.5%
-4.21
Others
21.66%
5.40

Mahanagar Gas Ltd 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 CAGRDebt to Asset Ratio
Net Profit(in ₹ Cr)
Yearly Revenue(in ₹ Cr)
BUY12,976.447.43%0.521,0407,263
BUY28,572.630.79%0.511,98314,000
HOLD29,067.277.35%0.521,14315,690
HOLD17,013.799.26%0.632,18317,294
HOLD40,785.001.38%0.593,52752,729

Mahanagar Gas News & Key Events

Latest news and events in one place to help you make informed investing decisions in Mahanagar Gas.

  • Mahanagar Gas Exits Futures and Options Segment - 31 Jul, 2025

    Mahanagar Gas Limited announced its exit from the futures and options segment effective August 1, 2025. Additionally, the company scheduled its 30th AGM for August 22, 2025, and set a record date for a final dividend of Rs. 18 per share on August 14, 2025, pending shareholder approval.
  • Mahanagar Gas Receives Positive Ratings and Targets - 24 Jul, 2025

    Mahanagar Gas Ltd receives positive ratings from Motilal Oswal and Prabhudas Lilladher, with price targets of Rs 1,700 and Rs 1,559, respectively, driven by strong volume growth expectations.
  • Mahanagar Gas Reports Strong Q1 Earnings Growth - 22 Jul, 2025

    Mahanagar Gas Ltd reported a 14% YoY increase in PAT to Rs 324 crore for Q1 FY26, with revenue rising 24.3%. The stock saw positive trading activity, reflecting strong financial performance and improved margins.
  • Mahanagar Gas Invests in New Energy Ventures - 17 Jul, 2025

    Mahanagar Gas Limited is set to invest ₹1,500 crore in diversifying its operations, including a battery manufacturing unit and a biogas production facility in Karnataka.
  • Mahanagar Gas Ltd Targets Growth with Strategic Investments - 16 Jul, 2025

    Mahanagar Gas Ltd aims to expand its customer base and infrastructure, targeting a revenue of ₹6,924 crore for FY25. The company plans to invest ₹1,300 crore in FY26 to enhance PNG and CNG services, despite facing risks from regulatory delays and high costs. The stock has a current price of ₹1,478 with a target of ₹1,750 in 16-24 months.
  • MGL Shares Rise on Positive City Gas Developments - 04 Jul, 2025

    Mahanagar Gas Ltd (MGL) shares increased by 2.27% to Rs 1,542.20, driven by expectations of reduced transportation costs for city gas projects, boosting investor confidence.
  • Mahanagar Gas Launches WhatsApp Meter Reading Service - 02 Jul, 2025

    Mahanagar Gas Limited has launched a new facility allowing domestic consumers to submit PNG meter readings via WhatsApp, enhancing billing accuracy and convenience.

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.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 23.76% to 25.48% in Jun 2025 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, GAIL India Ltd has given 93.1% return, outperforming this stock by 50.6%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, GAIL India Ltd has given -25.2% return, outperforming this stock by 2.5%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 32.50% of holdings in Jun 2025 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 13.27% to 10.86% in Jun 2025 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 9.92% to 9.50% in Jun 2025 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, MGL stock has moved down by -10.9%

About Mahanagar Gas Ltd

Mahanagar Gas Limited (MGL) is the largest city gas distributor in India, operating in Mumbai-Thane urban, adjoining municipalities and Raigad district in Maharashtra. MGL is the sole distributor of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG). As of March 31, 2017, the company supplied CNG to over 545,505 vehicles and PNG connections to 948,892 domestic households, 3218 commercial and 62 industrial consumers in Mumbai and its surrounding areas. MGL was incorporated in 1995, as a joint venture between the Gas Authority of India Limited (GAIL), the BG Group UK (formerly British Gas) and the Government of Maharashtra and has since connected over 4,838 kms of pipelines for CNG and PNG distribution. In 2017-18, it achieved the landmark of having a net worth in excess of Rs 2000 crores. MGL also provides outreach services to its customers, such as call center for grievances, CNG fueled two-wheelers in Mumbai, PGN supply operation to Uran in the Raigad district, and 200th CNG station opened in the Mumbai Metropolitan region.

Revenue: ₹2,083.01Cr as on June 2025 (Q1 FY26)
Net Profit: ₹317.79Cr as on June 2025 (Q1 FY26)
Listing date: 01 Jul, 2016
Chairperson Name: Sandeep Kumar Gupta
OrganisationMahanagar Gas Ltd
IndustryGas Distribution
CEOSandeep Kumar Gupta
E-voting on sharesClick here to vote

Mutual Funds that own Mahanagar Gas Stock

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 ₹1313.7, Open: ₹1333.4, Previous Close: ₹1343.3, High: ₹1344.1, Low: ₹1310, 52 Week High: ₹1988, 52 Week Low: ₹1075.25 as on .

How to buy Mahanagar Gas shares ?

To buy Mahanagar Gas shares, you need to follow these steps:

  • Open a Demat account and Trading account on INDmoney
  • Fund your Trading account
  • Search for MGL or Mahanagar Gas Ltd on the INDmoney app to check live prices of the stock
  • Click on Buy or SIP to place an order to invest in Mahanagar Gas shares. You can invest by selecting the number of shares or set up a fixed SIP to invest every month or week.

What is today's traded volume of Mahanagar Gas?

Today's traded volume of Mahanagar Gas is 2.91L. Which means that 2.91L 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 ₹12,976.44 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 ₹1313.7, which is -33.92% down from its 52 week high and 22.18% up from its 52 week low.