₹1457.15▲0.95%
1.17%
Low
Day's Volatility:2.00%
High
0.83%
33.39%
Low
52 Weeks Volatility:41.82%
High
8.43%
Returns % | |
1 Month Return | 3.04 % |
3 Month Return | -2.26 % |
1 Year Return | 43.8 % |
Market Stats | |
Previous Close | ₹1,443.50 |
Open | ₹1,445.00 |
Volume | 2.40L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹14,258.57Cr |
based on 29 analysts
Based on 29 analysts offering long term price targets for Mahanagar Gas Ltd. An average target of ₹1427.79
Source: S&P Global Market Intelligence
Organisation | Mahanagar Gas Ltd |
Headquarters | |
Industry | Gas Distribution |
E-voting on shares | Click here to vote |
Key events for Mahanagar Gas Ltd
Mahanagar Gas achieved a compound EPS growth of 20% per year over five years, higher than the average annual increase in share price. The company's cautious
High-Frequency Trading Seen in Mahanagar Gas Ltd Stock - 24 Apr, 2024
Mahanagar Gas Ltd saw high-frequency trading on March 23, with HTFs executing trades at lightning speeds. MOIL hit a 52-week high on the same day.
Mahanagar Gas Ltd Stock Resilient Amid Sell-Off in Mid and Small-Cap Shares - 16 Apr, 2024
Despite a sell-off in mid and small-cap shares, Mahanagar Gas Ltd's consistent operating performance in a challenging environment has helped its margins remain resilient. ICICI Securities sees long-term gains from the Unison acquisition, while the recent cut in CNG prices helps it stay competitive against diesel and petrol.
Mahanagar Gas Ltd's Stock Up by 20% in Last Three Months - 08 Apr, 2024
Mahanagar Gas Ltd's stock has seen a significant increase of 20% over the last three months. An article discusses the company's ROE, earnings growth potential, and dividend payout ratio.
Mixed Outlook for Mahanagar Gas Ltd - 06 Apr, 2024
ICICI Securities predicts an 11% YoY improvement in EBITDA and a 7% YoY jump in PAT for CGDs, driven by lower gas costs and stronger volumes. However, Emkay Global estimates a 7% decline in MGL's EBITDA due to lower realization and range-bound gas costs. IGL is estimated to witness 11% growth in its EBITDA at Rs 628 crore with nearly 6% volume growth on year. MGL could see better volume growth at 9% from last fiscal.
Prabhudas Lilladher Downgrades Mahanagar Gas Ltd Rating Amid EV Adoption - 02 Apr, 2024
Finance house Prabhudas Lilladher downgraded Mahanagar Gas Ltd's rating from reduce to sell with a TP of Rs 1,124 based on 12x FY26 EPS. The report suggests that the adoption of electric vehicles may pose a threat to the dominance of compressed natural gas (CNG) sector in India, which could limit the future of city gas distributors like MGL amid the EV surge.
Fundamentals of Mahanagar Gas Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Price Rise
In the last 3 years, MGL stock has moved up by 26.9%
Retail Holding Up
Retail Investor have increased holdings from 9.42% to 9.55% in Mar 2024 quarter
MF Holding Up
Mutual Funds have increased holdings from 3.98% to 5.18% in Mar 2024 quarter
Against Peers
In the last 3 years, GAIL India Ltd has given 128.1% return, outperforming this stock by 101.2%
Against Peers
In the last 1 year, GAIL India Ltd has given 93.1% return, outperforming this stock by 49.3%
Promoter Holding Unchanged
Promoters holdings remained unchanged at 32.50% of holdings in Mar 2024 quarter
FII Holding Down
Foreign Institutions have decreased holdings from 30.85% to 30.55% in Mar 2024 quarter
Mahanagar Gas Ltd in the last 5 years
Lowest (0.00x)
September 29, 2023
Today (11.03x)
April 30, 2024
Industry (28.16x)
April 30, 2024
Highest (11.96x)
March 5, 2024
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 32.5% | 0.00 | |
Foreign Institutions | 30.55% | 0.00 | |
Mutual Funds | 5.18% | 0.00 | |
Retail Investors | 9.55% | 0.00 | |
Others | 22.22% | 0.00 |
Technicals of Mahanagar Gas Ltd share
News & Events of Mahanagar Gas Ltd
Mahanagar Gas Ltd (MGL) share price today is ₹1457.15
Mahanagar Gas Ltd is listed on NSE
Mahanagar Gas Ltd is listed on BSE
PE Ratio of Mahanagar Gas Ltd is 11.03
PE ratio = Mahanagar Gas Ltd Market price per share / Mahanagar Gas Ltd Earnings per share
Today’s traded volume of Mahanagar Gas Ltd(MGL) is 2.40L.
Today’s market capitalisation of Mahanagar Gas Ltd(MGL) is ₹14258.57Cr.
Mahanagar Gas Ltd(MGL | Price |
---|---|
52 Week High | ₹1580 |
52 Week Low | ₹970.55 |
Mahanagar Gas Ltd(MGL) share price is ₹1457.15. It is down -7.78% from its 52 Week High price of ₹1580
Mahanagar Gas Ltd(MGL) share price is ₹1457.15. It is up 50.14% from its 52 Week Low price of ₹970.55
Mahanagar Gas Ltd(MGL | Returns |
---|---|
1 Day Returns | 13.65% |
1 Month Returns | 3.04% |
3 Month Returns | -2.26% |
1 Year Returns | 43.8% |