Mahanagar Gas Ltd Share Price
(MGL)
₹1252.4
as on 04:01PM, 16 Apr 2025
🔔 Regulatory News Alert
Mahanagar Gas (MGL) shares fell 5.12% after an 18% cut in APM gas allocation, raising concerns over profitability.
Mahanagar Gas Performance
Day's Low
Day's High
₹1,230.5Day's Price Range₹1,28552 Week's Low
52 Week's High
₹1,075.2552-Week Price Range₹1,988
| Returns % | |
| 1 Month Return | + 0.31 % |
| 3 Month Return | + 1.63 % |
| 1 Year Return | -10.16 % |
| Market Stats | |
| Previous Close | ₹1,315.60 |
| Open | ₹1,249.00 |
| Volume | 27.25L |
| Upper Circuit | ₹1,447.10 |
| Lower Circuit | ₹1,184.10 |
| Market Cap | ₹12,995.20Cr |
Mahanagar Gas Fundamentals
P/E Ratio
12.43
PEG Ratio
-0.5
Market Cap
₹12,995.20 Cr
P/B Ratio
2.62
EPS
129.21
Dividend Yield
2.2
Sector
Gas Distribution
ROE
27.79
Mutual Fund Holdings of Mahanagar Gas
Mahanagar Gas Analyst Rating
based on 29 analysts
68.97%
Buy
13.79%
Hold
17.24%
Sell
Based on 29 analysts offering long term price targets for Mahanagar Gas. An average target of ₹1527.03
Source: S&P Global Market Intelligence
Mahanagar Gas Share analysis
Mahanagar Gas price forecast by 29 analysts
Upside of16.07%
High
₹2000
Target
₹1527.03
Low
₹1030
Mahanagar Gas target price ₹1527.03, a slight upside of 16.07% compared to current price of ₹1252.4. According to 29 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Mahanagar Gas revenue growth forecast
Expected growth rate Q1, FY2027:27.91%
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
Key events for Mahanagar Gas Ltd
Mahanagar Gas Faces 18% APM Gas Allocation Cut - 15 Apr, 2025
Mahanagar Gas Ltd disclosed an 18% reduction in its APM gas allocation effective April 16, 2025. This change, due to government policy, will adversely affect profitability as the shortfall is replaced with costlier New Well/Well Intervention gas. The company is exploring measures to mitigate the financial impact.Mahanagar Gas Shares Decline Amid APM Gas Allocation Concerns - 11 Apr, 2025
Mahanagar Gas shares fell over 3% from the day's high after reports of potential cuts in APM gas allocation, raising concerns about increased input costs for city gas distribution companies. The stock traded at ₹1,256, reflecting cautious investor sentiment.Mahanagar Gas Prices Rise, Shares Decline - 09 Apr, 2025
Mahanagar Gas Ltd has increased CNG prices to ₹79.50/kg and PNG to ₹49/unit in Mumbai. Following this announcement, shares fell by 5%.Mahanagar Gas Considers CNG Price Increase - 04 Apr, 2025
Mahanagar Gas Ltd is evaluating a potential increase in compressed natural gas (CNG) prices following a government hike in APM gas prices, according to managing director Ashu Shinghal. The company is currently assessing the impact on input costs.MGL Stock Gains from Gas Tariff Amendments - 24 Mar, 2025
Mahanagar Gas Ltd (MGL) is expected to benefit from proposed amendments in gas transmission tariffs, contributing to a 2% rise in the energy index. However, analysts suggest gains may be limited compared to Indraprastha Gas Ltd (IGL).Mahanagar Gas Sees Positive Developments and Appointments - 20 Mar, 2025
Mahanagar Gas Ltd experiences positive market activity with a Buy rating from Axis Capital and HDFC Securities, alongside a new director appointment. However, regulatory uncertainties loom over the sector.
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
Price Rise
In the last 3 months, MGL stock has moved up by 1.6%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 5.13% to 10.27% in Dec 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 7.84% to 10.64% in Dec 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, GAIL India Ltd has given 59.9% return, outperforming this stock by 0.2%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 32.50% of holdings in Dec 2024 quarter
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 34.20% to 25.75% in Dec 2024 quarter
Mahanagar Gas Financials
Mahanagar Gas Index Inclusions
Mahanagar Gas Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 32.5% | 0.00 | |
| Foreign Institutions | 25.75% | ||
| Mutual Funds | 10.27% | 100.11 | |
| Retail Investors | 10.64% | 35.73 | |
| Others | 20.84% | 2.47 |
Mahanagar Gas Key Indicators
Mahanagar Gas Valuation
Mahanagar Gas in the last 5 years
Lowest (0.00x)
September 29, 2023
Today (12.43x)
April 15, 2025
Industry (16.57x)
April 15, 2025
Highest (16.84x)
October 3, 2024
Mahanagar Gas Earnings and Dividends
Mahanagar Gas Ltd Earnings Results
Mahanagar Gas Ltd’s net profit fell -30.25% since last year same period to ₹221.24Cr in the Q3 2024-2025. On a quarterly growth basis, Mahanagar Gas Ltd has generated -21.96% fall 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 2.40%.
Read More about Dividends
Mahanagar Gas Technicals Summary
Bearish
Neutral
Bullish
Mahanagar Gas Ltd is currently in a Bearish trading position according to technical analysis indicators.
Mahanagar Gas Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹12,995.20 Cr | 8.01% | 0.52 | ₹1,276 Cr | ₹6,290 Cr | |
| BUY | ₹25,055.83 Cr | -4.59% | 0.51 | ₹1,983 Cr | ₹14,000 Cr | |
| HOLD | ₹29,765.99 Cr | 13.74% | 0.52 | ₹1,143 Cr | ₹15,690 Cr | |
| HOLD | ₹17,733.16 Cr | 10.95% | 0.51 | ₹2,183 Cr | ₹17,294 Cr | |
| HOLD | ₹44,377.50 Cr | 7.08% | 0.59 | ₹3,527 Cr | ₹52,729 Cr |
About Mahanagar Gas
Revenue: ₹1,847.41Cr as on December 2024 (Q4 24)
Net Profit: ₹221.17Cr as on December 2024 (Q4 24)
Listing date: 01 Jul, 2016
Chairperson Name: Sandeep Kumar Gupta
| Organisation | Mahanagar Gas |
| Headquarters | |
| Industry | Gas Distribution |
| E-voting on shares | Click here to vote |
FAQs on Mahanagar Gas Ltd
What is Mahanagar Gas Ltd price today?
Mahanagar Gas Ltd share price today stands at ₹1252.4, Open: ₹1249, Previous Close: ₹1315.6, High: ₹1285, Low: ₹1230.5, 52 Week High: ₹1988, 52 Week Low: ₹1075.25.
How to Buy Mahanagar Gas Ltd Share in India?
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What are today's traded volumes of Mahanagar Gas Ltd?
Today's traded volume of Mahanagar Gas Ltd(MGL) is 27.25L.
What is today's market capitalisation of Mahanagar Gas Ltd?
Today's market capitalisation of Mahanagar Gas Ltd(MGL) is ₹12995.2Cr.
What is the 52 Week High and Low Range of Mahanagar Gas Ltd?
How much percentage Mahanagar Gas Ltd is down from its 52 Week High?
Mahanagar Gas Ltd (MGL) share price is ₹1252.4. It is down -37.00% from its 52 Week High price of ₹1988
How much percentage Mahanagar Gas Ltd is up from its 52 Week low?
Mahanagar Gas Ltd (MGL) share price is ₹1252.4. It is up 16.48% from its 52 Week Low price of ₹1075.25