Mahanagar Gas Ltd. News and Updates

Name: Latest research reports of Mahanagar Gas Ltd. authored by CD Equisearch and published by - Trendlyne research reports.
Item: Mahanagar Gas Ltd.
Rating: 4
Author: CD Equisearch

Keep track of all breaking news on Mahanagar Gas Ltd. from all sources in a single place.

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Mahanagar Gas Ltd.

08 Feb 2017

1353.90

-2.03%

Mahanagar Gas Ltd

Accumulate: Mahanagar Gas Ltd.

CD Equisearch

Infrastructure exclusivity in Mumbai upto 2020, in adjoining area upto 2030 and in Raigad upto 2040 will only add to its competitive advantage. Tariff flexibility- new operator can use MGL's pipeline network only on payment of transportation tariff- together er with plans to incur around Rs....

Mahanagar Gas Ltd. is trading above its 150 day SMA of 1332.1

Mahanagar Gas Ltd.

04 Jan 2017

1353.90

-2.03%

Mahanagar Gas hits new high; stock up over 100% against IPO issue price

Business Standard

The stock was up 3% at Rs 850 on NSE in intra-day trade, gaining 102% against IPO price of Rs 421 per share

Mahanagar Gas Ltd. has an average target of 1769.00 from 6 brokers.

BSE IPO gets Sebi nod; may raise Rs 1,500 crore

Business Standard | 04 Jan 2017 1 more

Mahanagar Gas Ltd.

02 Jan 2017

1353.90

-2.03%

Company news

Business Line

Mahanagar Gas, in association with Eco Fuel, the Indian partner of Italy's Lovato, has launched in Mumbai compressed natural gas kits for two-wheelers, which offer safe and economical fuel. In an...

Mahanagar Gas Ltd. has an average target of 1769.00 from 6 brokers.

Mahanagar Gas Ltd.

28 Dec 2016

1353.90

-2.03%

Mahanagar Gas

Mahanagar Gas Ltd.

ICICI Securities Limited

We met the management of Mahanagar Gas (MGL) to get insights into their business and future plans. MGL is one of India's largest players in the city gas distribution (CGD) business. The company has become the sole authorised distributor of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai and its adjoining areas and Raigad district in Maharashtra with volumes of 2.4 mmscmd in FY16. MGL has a strong parentage and is jointly promoted by Gail and BG Asia Pacific Holdings Pte FY16 Ltd (BGAPH). The company's volumes have increased at 6.7% CAGR in...

Emkay increased Buy price target of Mahanagar Gas Ltd. to 1700.0 on 08 May, 2025.

Mahanagar Gas Ltd.

04 Dec 2016

1353.90

-2.03%

Mahanagar Gas fine fuel

Business Line

Mumbai-based city gas distributor Mahanagar Gas continued its good run in the recent September 2016 quarter. Aided by healthy volume growth and lower cost of sourcing gas, the company's profit rose...

Emkay increased Buy price target of Mahanagar Gas Ltd. to 1700.0 on 08 May, 2025.

Mahanagar Gas Ltd.

03 Dec 2016

1353.90

-2.03%

Mahanagar Gas hikes prices from December 3 midnight

Business Line

IGLSocial hikes CNG price by Rs 1.85/kg in Delhi and Rs 2.15/kg in Noida, Greater Noida and Ghaziabad.

Mahanagar Gas Ltd. is trading below its 200 day SMA of 1460.2

Mahanagar Gas hikes prices from December 3 midnight

Business Line | 03 Dec 2016

Mahanagar Gas Ltd.

30 Nov 2016

1353.90

-2.03%

Mahanagar Gas: Strong Q2 show instils confidence

Business Standard

Good outlook on long-term sales and sound financials to help stock sustain its premium valuation

Mahanagar Gas Ltd. is trading below its 200 day SMA of 1460.2

Mahanagar Gas Ltd.

30 Nov 2016

1353.90

-2.03%

Mahanagar Gas Ltd: Growth Momentum Continues (Nov 30, 2016)

Hold: Mahanagar Gas Ltd.

Recommendation Target

Karvy

Growth Momentum Continues: Healthy QoQ Volume growth: In Q2FY17, the company reported volume growthof 5.2%. During the quarter, in CNG segment, the company converted 19,209 vehicles to CNG implying a conversion rate of more than 6,000 vehicles per month. This was higher than expectation of 5,000 vehicles per month. Of these ~ 19,000 vehicles, 11,500 were private cars.

Mahanagar Gas Ltd. is trading below its 200 day SMA of 1460.2

Mahanagar Gas Ltd.

29 Nov 2016

1353.90

-2.03%

Mahanagar Gas net up 10 per cent in Sept quarter

Business Line

City gas distributor Mahanagar Gas Ltd (MGL) has reported a 10.28 per cent increase in its net profit to 102.25 crore for the September quarter, compared to 92.73 crore for the June quarter.The...